ALAR Investors Have Opportunity to Lead Alarum Technologies Ltd. Securities Fraud Lawsuit Filed by The Rosen Law Firm
The Rosen Law Firm announced the filing of a putative securities class action lawsuit against Alarum Technologies Ltd. (NASDAQ: ALAR) on behalf of purchasers of the company's securities during the period from March 20, 2025 through July 2, 2026.
According to the complaint, defendants allegedly made false and misleading statements and failed to disclose that NetNut, an Alarum Technologies subsidiary, was engaging in illegal activity by integrating customer home internet devices into another network without the customers' knowledge or consent. The lawsuit alleges this conduct enabled cyber criminals to conceal their identities and locations, thereby materially increasing Alarum Technologies' legal exposure and threatening its business prospects. The plaintiffs contend that statements made by defendants regarding the company's business, operations, and prospects were materially false and misleading in light of these undisclosed facts.
The Rosen Law Firm is seeking to identify lead plaintiffs and has set a court deadline of October 5, 2026 for interested investors to move to serve as lead plaintiff. The firm is offering representation on a contingency fee basis with no out-of-pocket costs to class members.
This is a curated brief from the PlaintiffWire news desk. Read the original report at PR Newswire Legal.