Core Viewpoint - Alarum Technologies Ltd. is facing a class action lawsuit due to allegations of misleading statements regarding its customer engagement effectiveness, which impacted its revenue growth and financial prospects [3]. Group 1: Class Action Details - The class action represents investors who purchased Alarum securities between March 14, 2024, and August 26, 2024 [1]. - Investors have until April 15, 2025, to file a lead plaintiff motion [1]. Group 2: Allegations Against Alarum - The lawsuit claims that Alarum made false and misleading statements about its ability to retain and expand customer engagements [3]. - This alleged weakness hindered the company's ability to achieve consistent revenue growth, leading to an overstatement of its business and financial prospects [3]. - The lawsuit asserts that when the true details emerged, investors suffered financial losses [3].
Alarum Technologies Ltd. Investors: Please contact the Portnoy Law Firm to recover your losses; April 15, 2025 Deadline to file Lead Plaintiff Motion