ALAR Investors Have the Opportunity to Lead the Alarum Technologies Securities Fraud Lawsuit with Faruqi & Faruqi, LLP

Core Viewpoint - Alarum Technologies Ltd. is facing a federal securities class action lawsuit due to allegations of misleading statements regarding its customer engagement and revenue growth potential, leading to significant investor losses [4][5][8]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi, LLP is investigating potential claims against Alarum Technologies and has set an April 15, 2025 deadline for investors to seek the role of lead plaintiff in the class action [2]. - Investors who suffered losses exceeding $75,000 between March 14, 2024, and August 26, 2024, are encouraged to contact the firm to discuss their legal options [1][2]. Group 2: Allegations Against Alarum - The complaint alleges that Alarum and its executives violated federal securities laws by making false or misleading statements about their effectiveness in retaining and expanding customer engagements [4]. - It is claimed that these misrepresentations impaired Alarum's ability to generate consistent revenue growth, overstating the company's business and financial prospects [4]. Group 3: Financial Performance and Market Reaction - On August 26, 2024, Alarum announced Q2 2024 results and projected Q3 2024 revenue of$7 million, significantly below the $9.2 million expected by analysts, indicating a decline of over 20$6.77, or 31.34%, closing at $14.83 per ADR [8].