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]. Summary by Relevant Sections Class Period and Allegations - 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]. Impact on Business and Financial Prospects - The complaint asserts that Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [3]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by April 15, 2025, to potentially become lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [4]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5].
Shareholders of Alarum Technologies Ltd. Should Contact The Gross Law Firm Before April 15, 2025 to Discuss Your Rights – ALAR