Alarum Technologies Ltd. Class Action Lawsuit - ALAR
Case Summary
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The Alarum class action lawsuit seeks to represent purchasers or acquirers of Alarum Technologies Ltd. (NASDAQ: ALAR) publicly traded securities between March 20, 2025 and July 2, 2026, inclusive (the “Class Period”). Captioned Cygler v. Alarum Technologies Ltd., No. 26-cv-09884 (D.N.J.), the Alarum class action lawsuit charges Alarum and certain of Alarum’s top executive officers with violations of the Securities Exchange Act of 1934.
If you suffered substantial losses and wish to serve as lead plaintiff of the Alarum class action lawsuit, please provide your information in the form on this page. You can also contact attorneys Ken Dolitsky or Michael Albert of Robbins Geller by calling 800/851-7783 or via e-mail at info@rgrdlaw.com. Lead plaintiff motions for the Alarum class action lawsuit must be filed with the court no later than October 5, 2026.
CASE ALLEGATIONS: Alarum provides web data collection solutions.
The Alarum class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) an Alarum Technologies subsidiary, NetNut, was engaging in illegal activity by linking customer home internet devices into another network without the customer’s consent; (ii) this activity allows cyber criminals to conceal their locations; (iii) the foregoing materially heightened Alarum Technologies’ legal exposure and materially threatened its business prospects; and (iv) 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.
On July 2, 2026, during market hours, Reuters published an article entitled “Google disrupts NetNut proxy network used in malware operations.” The article allegedly reported, among other things, that “Google said on Thursday it weakened a network of internet-connected devices being used to conceal and route malicious online traffic, acting against the NetNut residential proxy operator and the Popa botnet.” According to the complaint, the article added that “Google took action in partnership with the FBI and Lumen [], among others.” On this news, the price of Alarum’s American Depositary Shares (ADSs) fell nearly 21%, according to the complaint.
That same day, after market hours, Alarum allegedly issued a press release entitled “Alarum Technologies Responds to Inquiry into Residential Proxy Networks.” According to the complaint, the press release stated in part that “[o]n July 2, 2026, Alarum and its subsidiary NetNut Ltd. (“NetNut”) were made aware of the seizure of certain domains associated with NetNut by the FBI. Alarum takes this matter seriously and will fully cooperate with law enforcement to ensure any misuse of its infrastructure is thoroughly investigated and those responsible are held to account.”
On July 3, 2026, Alarum issued a press release entitled “Alarum Technologies Provides Update Regarding Recent Law Enforcement Action,” allegedly disclosing, among other things, that Alarum “is continuing to investigate whether its network or services have been used for malicious, fraudulent or unlawful purposes by third parties. Alarum takes this matter seriously and will fully cooperate with law enforcement to ensure any misuse of its infrastructure is thoroughly investigated and those responsible are held to account.”
Then, on July 4, 2026, Alarum allegedly issued a press release entitled “Alarum Technologies Announces Temporary Operational Pause of Certain Network Services.” According to the complaint, the press release revealed that “[a]s part of this ongoing investigation, and as a precautionary operational measure, [Alarum] has decided to temporarily pause traffic through the relevant network services for several days.” On this news, the price of Alarum’s ADSs dropped more than 51%, according to the complaint.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Alarum publicly traded securities during the Class Period to seek appointment as lead plaintiff in the Alarum class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Alarum class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Alarum class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Alarum class action lawsuit.
ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig.