Console & Associates, P.C. Investigating Claims Against Alarum Technologies Ltd. (NASDAQ: ALAR)

Core Viewpoint - Alarum Technologies Ltd. is under investigation for potential securities law violations due to misleading statements that led to significant investor losses during the specified class period [1][2]. Group 1: Company Performance - Alarum Technologies announced expected third-quarter 2024 revenue of only $7 million, which was significantly below analyst projections of $9.2 million [2]. - The company's CEO attributed the revenue shortfall to reduced consumer spending that began in June 2024 [2]. - Following the revenue announcement, Alarum Technologies' stock price fell by more than 31% [2]. Group 2: Investor Rights and Legal Actions - Console & Associates, P.C. is investigating claims on behalf of investors who purchased Alarum Technologies stock between March 14, 2024, and August 26, 2024 [1][4]. - Investors who suffered substantial losses are encouraged to contact Console & Associates to discuss their legal rights [1][3]. - The firm operates on a contingent fee basis, meaning investors pay nothing unless compensation is recovered [4]. Group 3: Company Challenges - Alarum Technologies faced difficulties in retaining and expanding customer engagements [6]. - These challenges are expected to impair the company's ability to generate consistent revenue growth [6]. - Consequently, the business prospects of Alarum were overstated [6].