Core Viewpoint - Alarum Technologies Ltd. is facing a class action securities lawsuit due to alleged securities fraud that occurred between March 14, 2024, and August 26, 2024 [1][2] Group 1: Lawsuit Details - The lawsuit claims that Alarum Technologies Ltd. made false statements regarding its effectiveness in retaining and expanding customer engagements [2] - It is alleged that these misrepresentations would negatively impact Alarum's ability to achieve consistent revenue growth [2] - The complaint asserts that the company's business and financial prospects were overstated, leading to materially false and misleading public statements [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until April 15, 2025, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff to be eligible for any potential recovery [3] - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive experience in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 15, 2025 in Alarum Technologies Ltd. Lawsuit – ALAR