$ALARAug 21, 2026, 8:30 PMAI processed

Class action filed against Alarum (ALAR) over NetNut alleged device-linking; lead-plaintiff deadline Oct 5, 2026

AI Summary

A class action complaint has been filed against Alarum Technologies Ltd. (NASDAQ: ALAR) covering purchases from March 20, 2025 through July 2, 2026, alleging a subsidiary (NetNut) linked customer home internet devices into other networks without consent and that this activity allowed cybercriminals to conceal their locations. The suit claims the conduct materially increased Alarum's legal exposure and threatened its business prospects; Kaplan Fox notes investors have until October 5, 2026 to move to be lead plaintiff.

Positives

Lead-plaintiff deadline set for October 5, 2026, giving investors time to seek lead status

Negatives

Complaint alleges NetNut engaged in illegal device-linking without customer consent
Alleged activity purportedly enabled cybercriminals to hide locations, increasing regulatory and legal risk
Lawsuit covers a ~16-month class period (Mar 20, 2025–Jul 2, 2026), exposing company to potential damages/claims

Company Info

Company:: Alarum Technologies Ltd
Exchange:: Tel Aviv Stock Exchange
Industry:: Technology
Country:: IL (High Risk Country)
Website:: https://alarum.io
Market cap:: 35.35M
Shares outstanding:: 73.49M

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