Investors of Alarum Technologies Ltd. Invited to Join Class Action Lawsuit

NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP has informed investors in Alarum Technologies Ltd. ("Alarum Technologies Ltd." or the "Company") under the ticker symbol ALAR about an ongoing class action securities lawsuit.

CLASS DEFINITION: This lawsuit aims to recover losses for investors of Alarum Technologies Ltd. who were impacted by alleged securities fraud during the period from March 14, 2024, to August 26, 2024. If you are interested in more details and would like to be contacted by a member of the Levi & Korsinsky team, you can follow the link below:

Learn More About the Class Action

Investors in ALAR can also reach out directly to Joseph E. Levi, Esq. via email at [email protected] or by calling (212) 363-7500.

CASE DETAILS: The complaint filed states that defendants made misleading statements and failed to disclose that: (i) Alarum Technologies was not as successful in retaining and/or growing its customer base as claimed, (ii) this inefficiency would hinder the Company’s ability to maintain consistent revenue growth, (iii) the actual business and financial outlook for Alarum was overstated, and (iv) consequently, the Company’s public disclosures were materially false and misleading at all times relevant.

WHAT'S NEXT? If you experienced financial losses in Alarum Technologies Ltd. during the specified period, you need to request the Court appoint you as lead plaintiff by April 15, 2025. Note that being a lead plaintiff is not necessary for sharing in the potential recovery.

NO COST TO YOU: As a class member, you may have rights to compensation without having to pay any out-of-pocket costs or fees. Participation in the class action comes at no cost or obligation to you.

WHY CHOOSE LEVI & KORSINSKY: With over 20 years of experience, Levi & Korsinsky has successfully secured hundreds of millions of dollars for shareholders and has a proven track record in handling high-stakes cases. The firm has extensive experience in complex securities litigation and employs a dedicated team of more than 70 professionals focused on representing clients. For seven consecutive years, the firm has been recognized in ISS Securities Class Action Services’ Top 50 Report as a leading firm in securities litigation in the United States.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 17th Floor

New York, NY 10004

Email: [email protected]

Phone: (212) 363-7500

Fax: (212) 363-7171

Website: www.zlk.com

lawsuit, investors, securities