ALARUM CLASS ACTION LAWSUIT: AN ESSENTIAL INVESTOR PLAYBOOK [2026]

THE LAW OFFICES OF TIMOTHY L. mILES

TIMOTHY L. MILES

(855) TIM-M-LAW (855-846-6529)

tmiles@timmileslaw.com

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ALARUM CLASS ACTION LAWSUIT

Lead Plaintiff Deadline: October 5, 2026

Investors seeking appointment as lead plaintiff must file a motion with the court by this deadline.

Key Details of the Alarum Class Action Lawsuit (2026)

Alarum Class Action Lawsuit:  A securities class action lawsuit has been filed against Alarum Technologies Ltd. (NASDAQ: ALAR) for purchasers of securities between March 20, 2025, and July 2, 2026. The deadline to file a motion to serve as lead plaintiff is October 5, 2026.

 

Lawsuit Overview

  • Class Period: March 20, 2025 through July 2, 2026
  • Lead Plaintiff Deadline: October 5, 2026
  • Core Allegations: The Alarum Class Action Lawsuit alleges that Alarum and certain executives made false or misleading statements regarding its business practices and regulatory risks. Specifically, it claims that its subsidiary, NetNut, engaged in unconsented network sharing that linked home internet devices to external networks, allowing cybercriminals to hide their locations and increasing Alarum’s legal exposure.

If you purchased or otherwise acquired Alarum shares during this time and suffered financial losses, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling (855) 846-6529 or via e-mail at tmiles@timmileslaw.com. (24/7/365).


How to Get Involved in the Alarum Class Action Lawsuit

  • If you bought a security during the alleged class period and suffered a loss, you are generally automatically included in the class. You don’t have to take any action unless you want to file a claim for recovery later. 
⚖ Securities Class Action
What Plaintiffs Must Prove

Material Misstatement or Omission
The company made a false or misleading statement, or failed to disclose a material fact that investors would consider important in making investment decisions.
Scienter
The defendant acted with an intent to deceive, manipulate, or defraud — one of the most critical and demanding elements to establish in any securities fraud case.
Reliance
The plaintiff relied on the misstatement when buying or selling the security. For publicly traded securities this can be proven through the "fraud-on-the-market" theory — which presumes the market price reflects all public, material information.
Economic Loss
The plaintiff suffered an actual financial loss as a direct result of the defendant's fraudulent conduct — quantified through expert analysis and market data.
Loss Causation
The company's misstatement or omission directly caused the plaintiff's loss — often demonstrated by a stock price drop after the truth is revealed in a "corrective disclosure." This is the critical link between the fraud and the investor's financial harm.



What Is a Notice in a Class Action

  • A notice in a class action like the Alarum class action lawsuit refers to the formal communication sent to potential class members informing them about the lawsuit and their rights to participate in it.
  • This notice is a crucial part of the class action process as it ensures that all individuals who may be affected by the outcome of the Alarum class action lawsuit are aware of their rights and can choose whether to opt-in or opt-out of the class.
  • The notice typically contains information about the nature of the Alarum class action lawsuit, the claims being made, and the potential benefits or risks associated with participation. It also provides instructions on how to file a claim or request exclusion from the class.
  • Overall, the notice serves to promote transparency and fairness in the class action process by ensuring that all affected individuals have an opportunity to exercise their legal rights.
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Lead Plaintiff Information


Allegations in the Alarum Class Action Lawsuit

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:

  • An Alarum Technologies subsidiary, NetNut, was engaging in illegal activity by linking customer home internet devices into another network without the customer’s consent;
  • This activity allows cyber criminals to conceal their locations;
  • The foregoing materially heightened Alarum Technologies’ legal exposure and materially threatened its business prospects; and
  • 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 Alarum class action lawsuit, 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 Alarum class action lawsuit, 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 Alarum class action lawsuit.

⚖ Securities Class Action
Options That Shareholders Have

Do Nothing — Remain a Class Member
If you take no action, you automatically remain a member of the class so long as you purchased during the class period and suffered a loss.
Exclude Yourself — Opt Out
Upon receiving a court notice, you have the right to opt out by submitting a written request to the court clearly stating you wish to be excluded from the class action.
Submitting Your Request
Your request should include all identifying information — name, address, shares sold, etc. — and be postmarked by the deadline contained in the Notice.
Consequences of Opting Out
If you suffered significant losses you may file your own individual lawsuit. However, if there is a settlement in the class action, you will not be able to participate or share in any proceeds.


Rights of Investors in the Alarum Class Action Lawsuit

Investors affected by the Alarum class action lawsuit possess specific rights that they can exercise. Understanding these rights is vital for anyone considering involvement in the Alarum class action lawsuit. 

Right to Information in the Alarum class action lawsuit 

 

Right to Participate in the Alarum class action lawsuit 

 

Right to Legal Representation in the Alarum class action lawsuit 

  • Investors can seek legal counsel to navigate the complexities of the Alarum class action lawsuit.

Contingency Fee Agreements: No Cost to Hire a Lawyer

Contact Timothy L. Miles Today About an Alarum Class Action Lawsuit

The most important thing you need to know is you can call me at no charge if you wish to serve as lead plaintiff of the Alarum class action lawsuit, or just have general questions about your rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling (855) 846-6529 or via e-mail at tmiles@timmileslaw.com. (24/7/365).

Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
300 Centerview Dr. #247
Mailbox #1091
Brentwood,TN 37027
Phone: (855) Tim-MLaw (855-846-6529)
Email: tmiles@timmileslaw.com
Website: www.classactionlawyertn.com

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Timothy L. Miles, Esq.
BPR Number: 021605
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Licensed in TN Since: 2001
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Timothy L. Miles

Timothy L. Miles is a nationally known and top rated class action lawyer who has been leading the fight to protect shareholder and consumer rights for over 20 years. Mr. Miles received a Bachelor of Science in Psychology from Belmont University in Nashville, Tennessee in 1995 and his J.D. from the Nashville School of Law in May 2001, graduating third in his class, and was made a member of the Honorable Society of Cooper's Inn which is reserved for students graduating in the top ten percent of their class.