The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Alarum Technologies Ltd. (ALAR) Shareholders
Alarum Technologies .Alarum Technologies .(US:ALAR) GlobeNewswire News Room·2025-03-26 15:16

Core Viewpoint - The Gross Law Firm is notifying shareholders of Alarum Technologies Ltd. regarding a class action lawsuit due to alleged misleading statements made by the company during a specified class period [1][3]. Group 1: Class Action Details - Shareholders who purchased shares of Alarum Technologies (NASDAQ: ALAR) between March 14, 2024, and August 26, 2024, are encouraged to contact the Gross Law Firm for potential lead plaintiff appointment [1][3]. - The allegations state that the company was less effective in retaining and expanding customer engagements than represented, which could impair its ability to generate consistent revenue growth [3]. - The complaint claims that Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [3]. Group 2: Next Steps for Shareholders - The deadline for shareholders to register for the class action is April 15, 2025, and they will be enrolled in a portfolio monitoring software for updates throughout the case [4]. - There is no cost or obligation for shareholders to participate in the case, and registration is encouraged to ensure involvement [4]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].