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Alarum Technologies Sees U.S. Class Action Dismissed

Story Highlights
  • On July 7, 2025, a U.S. class action complaint against Alarum Technologies was voluntarily dismissed.
  • The dismissal leaves the status of similar proceedings in Israel uncertain, with no settlement reached.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alarum Technologies Sees U.S. Class Action Dismissed

Elevate Your Investing Strategy:

Alarum Technologies ( (ALAR) ) has provided an update.

Alarum Technologies Ltd., a company involved in legal proceedings, announced that on July 7, 2025, the U.S. lead plaintiff voluntarily dismissed a class action complaint against the company and its officers. The complaint, initially filed in the United States District Court for the District of New Jersey, was dismissed following further investigation by the plaintiffs’ counsel. This dismissal leaves the status of similar proceedings in Israel uncertain, as the plaintiffs have not indicated if they will renew the Israeli Motion. The company maintains that the Israeli Motion is without merit and there was no settlement between the parties.

The most recent analyst rating on (ALAR) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Alarum Technologies stock, see the ALAR Stock Forecast page.

Spark’s Take on ALAR Stock

According to Spark, TipRanks’ AI Analyst, ALAR is a Outperform.

Alarum Technologies has shown robust financial performance and a strong market position, driven by strategic investments in AI. However, challenges such as decreased revenues and increased expenses, alongside technical indicators suggesting overbought conditions, temper the overall outlook.

To see Spark’s full report on ALAR stock, click here.

More about Alarum Technologies

Average Trading Volume: 161,225

Technical Sentiment Signal: Buy

Current Market Cap: $96.63M

For an in-depth examination of ALAR stock, go to TipRanks’ Overview page.

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