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ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Alarum Technologies Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ALAR
CS DiscoCS Disco(US:LAW) GlobeNewswire News Room·2025-02-18 00:12

Core Viewpoint - A class action lawsuit has been filed against Alarum Technologies Ltd. for alleged misleading statements regarding its business performance during the specified Class Period from March 14, 2024, to August 26, 2024 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Alarum was less effective in retaining and expanding customer engagements than represented, which impaired its ability to generate consistent revenue growth [5]. - It is alleged that Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [5]. - Investors are encouraged to join the class action to seek compensation without upfront costs through a contingency fee arrangement [2][3]. Group 2: Legal Representation - The Rosen Law Firm, known for its success in securities class actions, is representing the investors and has a strong track record, including recovering over $438 million for investors in 2019 [4]. - Investors are advised to select qualified counsel with a proven history in leadership roles within class action lawsuits [4]. - A lead plaintiff must be appointed by April 15, 2025, to represent the interests of the class members in the litigation [1][3].