Core Viewpoint - Rosen Law Firm is reminding investors who purchased Alarum Technologies Ltd. securities during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - The Class Period for the Alarum Technologies Ltd. securities is from March 14, 2024, to August 26, 2024 [1]. - Investors who purchased securities during this period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 15, 2025 [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [3]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [3]. Group 3: Case Allegations - The lawsuit alleges that Alarum made false and misleading statements regarding its effectiveness in retaining and expanding customer engagements [4]. - It is claimed that these misrepresentations impaired Alarum's ability to generate consistent revenue growth, leading to overstated business and financial prospects [4]. - The lawsuit asserts that when the true details became known, investors suffered damages as a result of these misleading public statements [4].
ALAR Deadline: ALAR Investors Have Opportunity to Lead Alarum Technologies Ltd. Securities Fraud Lawsuit