SBS says Alarum investors may have claims in securities class action over NetNut
Schall, Brown & Schwartz LLP said it is reminding investors about a securities class action against Alarum Technologies Ltd., which alleges false and misleading statements tied to NetNut subsidiary conduct.
Schall, Brown & Schwartz LLP says investors in Alarum Technologies Ltd. may have claims in a securities class action tied to alleged NetNut conduct.
The Los Angeles-based shareholder rights firm said in a PR Newswire release dated Aug. 31, 2026, that the lawsuit concerns Alarum Technologies Ltd., which trades on Nasdaq under the ticker ALAR. The release says the class period runs from March 20, 2025, to July 2, 2026.
The firm’s release says the complaint alleges violations of Section 10(b) and Section 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5. It also says Alarum made false and misleading statements to the market during the class period.
According to the release’s summary of the complaint, the allegations center on NetNut, a subsidiary of Alarum. The release says NetNut linked customers’ home devices to other networks without consent, which allegedly allowed cybercriminals to hide their actual locations and left the company with greater legal exposure.
The release says investors who bought ALAR shares during the class period are being encouraged to contact SBS about possible lead plaintiff appointments. It also says lead plaintiff status is not required to participate in any recovery.
The class has not yet been certified, according to the release. Until certification, absent class members are not represented by counsel, and people who take no action may remain absent class members.
The release identifies SBS as a national shareholder rights litigation firm and names Brian Schall and David Schwartz. It gives the firm’s address as 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, with a phone number of 310-301-3335, a website of schallfirm.com and an email address of [email protected].
The release does not say when any next hearing or deadline will take place.
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Editorial note: This article was prepared with AI assistance and includes source attribution for reader review.
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