Alarum Technologies Says Served With Discovery Motion In Tel Aviv Court Under Section 198A Of Israeli Companies Law; Plaintiff Alleges Misleading Statements About Residential Proxy Business; Plaintiff Alleges Damages Up To NIS 120M, Claims U.S. Securities Law Violations; Reviewing Both Proceedings With Legal Advisors, Intends To Defend Itself Vigorously; Hearing On Discovery Motion Scheduled For December 15, 2026

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Alarum Technologies Ltd. (ALAR)

A securities class action lawsuit has been filed against Alarum Technologies Ltd. (NASDAQ: ALAR) for allegedly failing to disclose that its subsidiary NetNut was engaging in illegal activity by linking customer home internet devices into another network without consent, enabling cybercriminals to conceal their locations. The lawsuit covers investors who purchased shares between March 20, 2025 and July 2, 2026.

Software companies are trading higher amid broader market strength, lifting the industry alongside other tech peers. Investor optimism about Palantir's Q2 financial results could act as a bellwether, indicating broader industry growth.

Why Atkore Shares Are Trading Higher By 26%; Here Are 20 Stocks Moving Premarket

Atkore Inc (ATKR) shares rise on strong Q3 results and acquisition by Prysmian for $95.00 per share. Other gainers include UPC, YYAI, RITR, FCUV, SGLY, FNGR, ALAR, FERG, and BMY while FMFC, PWCM, SITC, JDZG, and MGRX are among the losers.