Investors Seek Lead Plaintiff Status in Alarum Technologies Fraud Suit

The complaint filed by The Law Offices of Frank R. Cruz centers on the company’s subsidiary, NetNut. According to the filing, the firm allegedly failed to disclose that NetNut engaged in unauthorized activity by routing customer home internet traffic through an external network. This practice reportedly allowed cybercriminals to mask their physical locations, creating significant legal exposure for Alarum Technologies that was not shared with shareholders.

The litigation claims these omissions rendered the company's public statements about its operations and prospects materially false. As these details reached the market, the share price suffered, resulting in investor losses. Those interested in participating in the class action may contact the Law Offices of Frank R. Cruz via email at info@frankcruzlaw.com or by phone at 310-914-5007. Shareholders are not required to take immediate action to remain members of the class, as they retain the right to select their own counsel or remain absent members throughout the proceedings.