NEW YORK — The Rosen Law Firm, a global entity known for representing investors’ rights, is issuing a reminder to the shareholders of Alarum Technologies Ltd. (NASDAQ: ALAR). Investors who purchased securities between March 14, 2024, and August 26, 2024, are informed of the approaching deadline on April 15, 2025, to apply as a lead plaintiff in the class-action lawsuit that has been filed against the company.
Shareholders who acted during the specified period might be eligible for compensation without the need to incur out-of-pocket fees or costs thanks to a contingency fee arrangement.
Those interested in participating in the class action against Alarum Technologies should reach out to Phillip Kim, Esq, of The Rosen Law Firm via toll-free call at 866-767-3653 or via email for further instructions on how to join the lawsuit.
The Rosen Law Firm, which boasts a record of significant wins and settlements, including the largest ever class action settlement against a Chinese company, encourages investors to choose experienced legal representation. In litigating major cases, they have consistently maintained their position among the top firms since 2013 and secured substantial recoveries for investors, highlighted by a $438 million win for their clients in 2019.
According to legal filings, it is alleged that during the class period, Alarum Technologies misrepresented its effectiveness in maintaining and growing customer engagements. These misrepresentations reportedly affected the company’s ability to sustain consistent revenue growth, thus, allegedly resulting in the business and financial prospects being overstated by Alarum. When these details entered the public realm, it purportedly caused significant losses to the investors.
It’s important for potential plaintiffs to understand that no class has yet been certified in this matter. Until such certification occurs, potential members are not yet represented by counsel unless they engage one on their own. Whether or not an investor serves as a lead plaintiff has no bearing on their participation in any future recovery.
Throughout this case development, updates and details will be provided ensuring that investors remain informed.
It is worth highlighting, as with all legal pursuits, that past outcomes achieved by The Rosen Law Firm are not indicative of future results, and care should be taken when selecting legal representation.
For further details regarding the class action lawsuit against Alarum Technologies Ltd., contact information is available at The Rosen Law Firm’s office in New York, or via their official website and communication channels provided earlier.
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