Announcement • Aug 06

Robbins LLP Informs Investors of Alarum Technologies Ltd. Class Action Lawsuit

Robbins LLP informed investors that a securities class action has been filed on behalf of all persons and entities that purchased or otherwise acquired Alarum Technologies Ltd. securities between March 20, 2025 and July 2, 2026 (the "Class Period"). The complaint alleges that Alarum and certain of its senior executives violated the federal securities laws by making materially false and/or misleading statements regarding the Company's anti-money laundering compliance, anti-terrorist financing controls, and regulatory risks. According to the complaint, Alarum extolled the purported advantages of its subsidiary NetNut Ltd. while omitting that NetNut engaged in unlawful behavior that materially raised Alarum's risk profile and called into question its business prospects. Specifically, the complaint alleges that defendants failed to disclose that: 1) NetNut, was engaging in illegal activity by linking customer home internet devices into another network without the customer’s consent; 2) this activity allows cyber criminals to conceal their locations; 3) the foregoing materially heightened Alarum Technologies’ legal exposure and materially threatened its business prospects; and 4) as a result, defendants’ statements about Alarum Technologies’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. According to the complaint, on July 2, 2026, during market hours, Reuters published an article entitled “Google disrupts NetNut proxy network used in malware operations.” On this news, Alarum ADSs fell $1.67 per share, or 20.8%, to close at $6.35 per ADS on July 2, 2026. Also on July 2, 2026, after market hours, Bloomberg published an article entitled “FBI Probes Whether Alarum Unit is Behind Co-Opted Home Devices.” Then, on July 4, 2026, Alarum issued a press release entitled “Alarum Technologies Announces Temporary Operational Pause of Certain Network Services.” On this news, the price of Alarum ADSs fell $3.27 per share, or 51.49%, to close at $3.08 per share on July 6, 2026. The lawsuit seeks to represent investors who purchased or otherwise acquired Alarum Technologies Ltd. securities during the applicable Class Period. If you purchased Alarum Technologies Ltd. stock during this period and suffered investment losses, you may have rights under the federal securities laws. The lead plaintiff is the investor appointed by the court to represent the interests of the proposed class throughout the litigation. Investors do not have to serve as lead plaintiff to potentially share in any recovery if the lawsuit is successful. Shareholders must seek appointment as lead plaintiff by October 5, 2026. Robbins LLP represents investors on a contingency fee basis. Investors never pay attorneys' fees or litigation expenses. If there is a recovery, defendants pay fees and expenses. Investors seeking additional information about the Alarum Technologies Ltd. securities class action may submit an inquiry through Robbins LLP's website or give us a call at (800) 350-6003.

Alarum Technologies Ltd. Stock Price

ALAR Share Price Performance

ALAR Community Narratives

Trending Discussion

Recently Updated Narratives

Snowflake Analysis

Alarum Technologies Ltd. Key Details

About ALAR

Recent ALAR News & Updates

Robbins LLP Informs Investors of Alarum Technologies Ltd. Class Action Lawsuit

Alarum Technologies Ltd. Faces Lawsuit And Legal Proceedings

Alarum Technologies Ltd. Announces Temporary Operational Pause of Certain Network Services Due to Ongoing Investigation

Recent updates

Alarum Technologies Ltd. Competitors

Peax Solutions

Top Group Software

Razor Labs

Synel M.L.L Payway