Core Viewpoint - Investors in Alarum Technologies Ltd. have the opportunity to lead a securities fraud class action lawsuit due to alleged misrepresentations regarding the company's customer engagement and revenue growth potential [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from March 14, 2024, to August 26, 2024, Alarum Technologies failed to disclose critical information to investors, including: 1. The company was less effective in retaining and expanding customer engagements than previously stated 2. This ineffectiveness would impair Alarum's ability to generate consistent revenue growth 3. Consequently, Alarum's business and financial prospects were overstated 4. Defendants' positive statements about the company's operations and prospects were materially misleading and lacked a reasonable basis [2]. Participation Information - Investors who suffered losses related to Alarum Technologies are encouraged to participate in the ongoing lawsuit before the lead plaintiff deadline of April 15, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to participate [3][4].
Alarum Technologies Ltd. (ALAR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit