StockNews.AI
ALAR
StockNews.AI
131 days

Alarum Technologies Ltd. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before April 15, 2025 to Discuss Your Rights - ALAR

1. Alarum Technologies facing class action for misleading statements by management. 2. Allegations include failure in customer retention and overstated financial health. 3. Shareholders from March 14 to August 26, 2024, encouraged to register. 4. Deadline for lead plaintiff appointment is April 15, 2025. 5. Gross Law Firm aims to protect investors from deceitful corporate actions.

4m saved
Insight
Article

FAQ

Why Very Bearish?

The allegations suggest significant false statements that may lead to legal issues, damaging ALAR's market reputation. Historical examples include companies facing lawsuits that significantly impacted stock value.

How important is it?

The gravity of the allegations stemming from the class action lawsuit has immediate implications for investor confidence and stock performance, increasing the likelihood of a notable price decline.

Why Short Term?

The class action affects sentiment immediately, potentially leading to stock sell-off due to fear of legal outcomes. Stock price typically reacts quickly to litigation news.

NEW YORK, April 10, 2025

/PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR).

Shareholders who purchased shares of ALAR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/alarum-technologies-ltd-loss-submission-form/?id=141930&from=4

CLASS PERIOD:

March 14, 2024 to August 26, 2024

ALLEGATIONS:

The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that:
(i) the Company was less effective in retaining and/or expanding customer engagements than it had represented to investors;
(ii) the foregoing would impair Alarum's ability to generate consistent revenue growth;
(iii) accordingly, Alarum's business and/or financial prospects were overstated; and
(iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

DEADLINE:

April 15, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/alarum-technologies-ltd-loss-submission-form/?id=141930&from=4

NEXT STEPS FOR SHAREHOLDERS:

Once you register as a shareholder who purchased shares of ALAR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 15, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM?

The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm 15 West 38th Street, 12th floor New York, NY, 10018

Email: info@grosslawfirm.com

Phone: (646) 453-8903

SOURCE The Gross Law Firm

Related News