Alarum Technologies Ltd. Investors: Please contact the Portnoy Law Firm to recover your losses; April 15, 2025 Deadline to file Lead Plaintiff Motion
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The Portnoy Law Firm has announced a class action lawsuit against Alarum Technologies Ltd. (ALAR) for allegedly making false and misleading statements about its business performance during the period of March 14, 2024 to August 26, 2024. The lawsuit claims the company misrepresented its ability to retain and expand customer engagements, which impacted its revenue growth and financial prospects.
April 07, 2025 | 9:00 pm
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The class action lawsuit could negatively impact Alarum Technologies' stock price by highlighting potential misrepresentations in its financial statements and business performance.
The lawsuit directly targets Alarum Technologies, alleging systematic misrepresentation of financial performance. This could lead to potential financial penalties, reputational damage, and reduced investor trust, likely causing negative short-term stock price movement.
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