Core Viewpoint - Alarum Technologies Ltd. is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its customer engagement effectiveness and revenue growth potential [3][4]. Group 1: Allegations and Class Period - The class period for the lawsuit is from March 14, 2024, to August 26, 2024 [3]. - Allegations include that the company was less effective in retaining and expanding customer engagements than represented, which would impair its ability to generate consistent revenue growth [3]. - The lawsuit claims that Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [3]. Group 2: Shareholder Actions - Shareholders who purchased shares during the class period are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1][4]. - The deadline for shareholders to register for the class action is April 15, 2025 [4]. - Once registered, shareholders will be enrolled in a portfolio monitoring software for status updates throughout the case lifecycle [4]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered from deceit, fraud, and illegal business practices [5]. - The firm is committed to ensuring companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].
The Gross Law Firm Reminds Alarum Technologies Ltd. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 15, 2025 – ALAR