Alarum Technologies Ltd. American Depositary Share (NASDAQ: ALAR)
58 Days left to seek lead plaintiff status.
The complaint alleges defendants made false and/or misleading statements and/or failed to disclose that: (1) an Alarum Technologies subsidiary, 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.