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 [1][2]. Summary by Relevant Sections Allegations - The complaint claims that during the class period from March 14, 2024, to August 26, 2024, Alarum Technologies misrepresented its ability to retain and expand customer engagements [1]. - It is alleged that these misrepresentations impaired the company's ability to generate consistent revenue growth [1]. - The lawsuit asserts that Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [1]. Class Action Details - Shareholders who purchased shares of Alarum during the specified class period are encouraged to register for the class action [2]. - The deadline for shareholders to seek lead plaintiff status is April 15, 2025 [2]. - Participants will be enrolled in a portfolio monitoring software to receive updates on the case's progress [2]. Law Firm Information - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].
Alarum Technologies Ltd. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before April 15, 2025 to Discuss Your Rights - ALAR