CS Disco(LAW) GlobeNewswire News Room·2025-02-20 20:11Core Viewpoint - Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of Alarum Technologies Ltd. securities, alleging that the company made false and misleading statements regarding its business performance during the specified Class Period from March 14, 2024, to August 26, 2024 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Alarum was less effective in retaining and expanding customer engagements than it had represented, which impaired its ability to generate consistent revenue growth [5]. - The lawsuit alleges that Alarum's business and financial prospects were overstated, leading to materially false and misleading public statements [5]. - Investors are encouraged to join the class action without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Interested parties can join the Alarum class action by visiting the provided link or contacting Phillip Kim, Esq. for more information [3][6]. - A lead plaintiff must move the Court by April 15, 2025, to represent other class members in directing the litigation [1][3]. Group 3: Rosen Law Firm's 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 and recovering hundreds of millions for investors [4]. - The firm has been consistently ranked among the top firms for securities class action settlements since 2013, securing over $438 million for investors in 2019 alone [4].