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The latest announcement is out from Alarum Technologies ( (ALAR) ).
Alarum Technologies Ltd., a company involved in technology and services, finds itself in a legal predicament as of February 16, 2025. The company, alongside its CEO and CFO, has been served with a motion for a class action lawsuit in Tel Aviv’s Economic Department. The allegations revolve around purportedly misleading statements made between March and August 2024 concerning the company’s financial outlook. Alarum is also aware of a similar complaint filed in New Jersey, USA. The company disputes these claims, labeling them as baseless and intends to defend itself vigorously, though it acknowledges the unpredictable nature of litigation outcomes.
More about Alarum Technologies
YTD Price Performance: -16.59%
Average Trading Volume: 171,039
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $64.25M
For an in-depth examination of ALAR stock, go to TipRanks’ Stock Analysis page.