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. Announcement • Jul 24
Alarum Technologies Ltd. Faces Lawsuit And Legal Proceedings Alarum Technologies Ltd. was formally served with a motion filed by Gad Libman in the Economic Department of the District Court in Tel Aviv pursuant to Section 198A of the Israeli Companies Law, 5759-1999, seeking the discovery and inspection of certain Alarum Technologies Ltd. documents in connection with the matters underlying certain recent public disclosures made by Alarum Technologies Ltd. Section 198A of the Israeli Companies Law permits a shareholder seeking to evaluate whether grounds exist to bring a derivative action on behalf of a company to request that an Israeli court order the discovery of specified company documents. The court set a timeline for Alarum Technologies Ltd.'s answer and a response to Alarum Technologies Ltd.'s answer, and scheduled a hearing on the Discovery Motion for December 15, 2026. In addition, Alarum Technologies Ltd., along with its Chief Executive Officer and its Chief Financial Officer, were served with a motion to certify a claim as a class action filed by Hadar Shamai against Alarum Technologies Ltd., its Chief Executive Officer and its Chief Financial Officer in the Economic Department of the District Court in Tel Aviv, Israel. In the Motion, the Plaintiff alleges, inter alia, that Alarum Technologies Ltd. made misleading statements and/or omitted material information concerning Alarum Technologies Ltd.'s residential proxy business and the related regulatory and operational risks; that the Defendants bear joint and several liability and that the Defendants allegedly violated U.S. securities laws. According to the Plaintiff, the alleged damages are up to NIS 120 million. Furthermore, the Plaintiff seeks in the Motion certification of a securities class action on behalf of all persons who purchased Alarum Technologies Ltd.'s shares between March 29, 2022 and July 2, 2026, and held such shares as of July 2, 2026. Furthermore, the Plaintiff argued that the court in Israel is the convenient forum to litigate a class action on behalf of the class of persons who purchased Alarum Technologies Ltd.'s shares in Israel. Alarum Technologies Ltd. is reviewing both proceedings together with its legal advisors and intends to defend itself vigorously. Alarum Technologies Ltd. will provide updates regarding these matters if and when required in accordance with applicable law. Announcement • Jul 06
Alarum Technologies Ltd. Announces Temporary Operational Pause of Certain Network Services Due to Ongoing Investigation Alarum Technologies Ltd. had continued to investigate the recent incident affecting certain aspects of its network. As part of this ongoing investigation, and as a precautionary operational measure, the company had decided to temporarily pause traffic through the relevant network services for several days. This step was intended to enable the company to investigate the incident, assess the affected infrastructure, determine whether any malicious activity occurred, and implement any measures the company determined are appropriate before resuming normal operations. As a result of this temporary operational measure, the availability of the company's services would be significantly reduced during this period. The company had taken this precautionary step to enable a thorough investigation of the incident and was devoting substantial technical and operational resources to the investigation and recovery process. The company was working to restore normal operations as soon as possible. The company continued to evaluate the situation and would provide additional updates as appropriate. 
