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Alarum Technologies Shareholders Alert: Class Action Lawsuit for Losses, NASDAQ:ALAR | Contact Gross Law Firm

06 March, 2025 | 2 Min Read

tickers: ALAR

source: Benzinga

tickers affected by this

tickerpolaritywhy?
ALARpositivelyThe ticker ALAR may be affected positively by this development as the lawsuit could potentially lead to significant legal settlements or judgments which could help investors recover losses and boost confidence in the company. This situation could inconvenience the company’s management by bringing any lapses in practices in the public sphere which could improve transparency in operations. Additionally, it may also send other shareholder/stakeholders a message to stay vigilant and push for stricter policies for accountability leading to better business operations for the betterment of the organizational stakeholders.

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summary

Shareholders of Alarum Technologies Ltd. Encouraged to Contact The Gross Law Firm Regarding Pending Class Action

NEW YORK, March 06, 2025 — The Gross Law Firm has issued a notice to shareholders of Alarum Technologies Ltd. (ALAR), encouraging those who purchased shares during the class period to contact the firm regarding possible lead plaintiff appointment. The class period in question spans from March 14, 2024, to August 26, 2024. The complaint alleges that during this period, the defendants issued materially false and/or misleading statements and failed to disclose critical information. Specifically, the allegations include:

  • The company was less effective in retaining and/or expanding customer engagements than represented to investors.
  • This ineffectiveness would impair Alarum’s ability to generate consistent revenue growth.
  • Consequently, Alarum’s business and/or financial prospects were overstated.
  • As a result, the company’s public statements were materially false and misleading at all relevant times. Shareholders who believe they have lost money on Alarum Technologies Ltd. are urged to register for this class action. The deadline to seek to be a lead plaintiff is April 15, 2025. There is no cost or obligation to participate in this case. Once registered, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the lifecycle of the case. The Gross Law Firm is committed to protecting the rights of investors who have suffered due to deceit, fraud, and illegal business practices.
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