Alarum Technologies .(US:ALAR) Prnewswireยท2025-03-04 10:45Core Viewpoint - A class action securities lawsuit has been filed against Alarum Technologies Ltd. for alleged securities fraud affecting investors between March 14, 2024, and August 26, 2024 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Alarum Technologies Ltd. made false statements regarding its effectiveness in retaining and expanding customer engagements, which misrepresented the company's ability to generate consistent revenue growth [2]. - It is alleged that the company's business and financial prospects were overstated, leading to materially false and misleading public statements [2]. Group 2: Investor Information - Investors who suffered losses during the specified timeframe have until April 15, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Legal Firm Background - Levi & Korsinsky, LLP has a strong track record in securing compensation for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].