$ALARAug 14, 2026, 8:31 PMAI processed
ALAR sued in class action over NetNut device-linking; lead-plaintiff deadline Oct 5, 2026
AI Summary
A class action has been filed against Alarum Technologies (NASDAQ: ALAR) covering purchases from March 20, 2025 to July 2, 2026, alleging its NetNut subsidiary linked customer home internet devices into another network without consent, which allegedly enabled cyber criminals to conceal locations. The complaint says that conduct materially increased Alarum's legal exposure and threatened business prospects; investors wishing to move for lead-plaintiff status must do so by October 5, 2026.
Positives
- Lead-plaintiff motion deadline is October 5, 2026
- Class period defined as March 20, 2025–July 2, 2026
- Case is being pursued by Kaplan Fox, an experienced securities litigation firm
Negatives
- Complaint alleges NetNut engaged in illegal device-linking without customer consent
- Alleged activity purportedly allowed cyber criminals to conceal locations
- Plaintiffs claim the conduct materially heightened Alarum's legal exposure and threatened business prospects