Pomerantz says it filed Alarum class action, sets Oct. 5 lead-plaintiff deadline
Pomerantz LLP says it filed a class action against Alarum Technologies Ltd. and is telling investors with losses that they have until Oct. 5, 2026, to seek lead-plaintiff status.
Pomerantz LLP says it filed a class action against Alarum Technologies Ltd. and is telling investors with losses that they have until Oct. 5, 2026, to seek lead-plaintiff status.
Pomerantz said in an Aug. 13, 2026, PR Newswire release that the case concerns Alarum Technologies Ltd. and certain officers and/or directors and whether they engaged in securities fraud or other unlawful business practices. The firm said investors who purchased or otherwise acquired Alarum securities during the class period can ask a court to appoint them lead plaintiff by Oct. 5, 2026.
The release links the lawsuit to two July 2, 2026, market events that Pomerantz says affected Alarum’s American depositary shares. In the release’s account of Reuters reporting, Google, working with the FBI, took action against a network used to conceal and route malicious online traffic, including action against Alarum subsidiary NetNut’s residential proxy operator and the Popa botnet. Pomerantz said Alarum’s ADR price fell $2.67, or 20.8%, to $6.35 that day.
The release also says Bloomberg reported later on July 2 that the FBI was investigating whether NetNut had a role in linking customers’ home internet devices without consent into a network used to disguise locations. Citing the U.S. Department of Justice, the release said the article reported that the FBI seized multiple internet domains as part of a coordinated law-enforcement action targeting infrastructure associated with NetNut’s residential proxy platforms, administrators and users. Pomerantz said Alarum’s ADRs then fell $4.96, or 61.85%, over the next two trading sessions to close at $3.06 on July 6, 2026.
The PR Newswire item identifies Danielle Peyton as the investor contact. It says investors who want more information should email newaction@pomlaw.com or call 646-581-9980, or toll-free 888.4-POMLAW ext. 7980, and include a mailing address, telephone number and number of shares purchased in email inquiries. The release says a copy of the complaint is available on Pomerantz’s website.
Pomerantz said it has offices in New York, Chicago, Los Angeles, London, Paris and Tel Aviv. The release also says the firm was founded by the late Abraham L. Pomerantz and has more than 85 years of history. The remainder of the item is promotional background about the firm.
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