Technologies

Rosen Law Firm Announces April Deadline for Alarum Technologies Investors to Join Securities Class Action Lawsuit

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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 … Read more

Investors Called to Lead Class Action Suit Against Alarum Technologies for Alleged Securities Fraud

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Los Angeles, CA – ALAR Investors are presented with a significant opportunity to assume a lead role in a securities fraud class action lawsuit against Alarum Technologies Ltd. The legal action, facilitated by The Schall Law Firm, alleges that the technology company engaged in fraudulent activities that misled investors about its financial and operational status. The lawsuit is open to investors who purchased securities in Alarum Technologies between February 10, 2021, and February 10, 2023. The claim centers around accusations that Alarum presented falsely inflated business prospects and operational successes which in turn affected the … Read more

Raytheon Technologies Agrees to $34 Million Settlement in Engineer No-Poach Lawsuit, Avoids Trial

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Raytheon Technologies, a major player in the aerospace and defense sector, has agreed to a $34 million settlement in a class-action suit brought by engineers. These plaintiffs accused the company of engaging in "no-poach" agreements that restricted their job mobility and suppressed wages by limiting intercompany recruitment. The settlement, which Raytheon agreed to without admitting any wrongdoing, aims to compensate the affected employees and comes amidst growing scrutiny of similar practices across the technology and defense industries. The lawsuit claimed that Raytheon and other unnamed tech entities conspired to not hire each other’s employees, effectively … Read more

NanoString Technologies and Subsidiaries File for Bankruptcy Protection Following $31 Million Patent Infringement Case

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Seattle-based NanoString Technologies and three of its subsidiaries have filed for Chapter 11 bankruptcy protection, citing a $31 million jury award in a patent infringement lawsuit. The dispute arose after rival company 10x Genomics accused NanoString’s GeoMx® Digital Spatial Profiler (DSP) of infringing seven patents exclusively licensed to 10x by Prognosys Biosciences. The jury decided in favor of 10x, awarding them $31 million in damages. NanoString’s shares dropped 50% following the announcement of the award. In response, NanoString withdrew its full-year 2023 guidance to investors, which had projected revenue between $175 million and $185 million. … Read more