Workflow
Levi & Korsinsky Notifies Alarum Technologies Ltd. Investors of a Class Action Lawsuit and Upcoming Deadline - ALAR

Core Viewpoint - A class action securities lawsuit has been filed against Alarum Technologies Ltd. alleging securities fraud that affected 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 serving as lead plaintiff [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 history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].