Snapshot from Aug 24, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Regulatory / Alarum Technologies Securities Fraud...
Regulatory securities class action

Alarum Technologies Securities Fraud Class Action

Analysis based on 42 articles · First reported Aug 07, 2026 · Last updated Aug 22, 2026

Sentiment
-60
Attention
4
Articles
42
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The revelations about NetNut's alleged illegal activities and the subsequent operational pause have severely damaged investor confidence, causing Alarum's stock to plummet by over 60% in a matter of days. The securities class action adds legal and financial uncertainty, potentially leading to significant settlement costs or damages, and may further depress the company's market valuation.

Cybersecurity Internet Services Legal Services
Event Summary

Multiple law firms, including Rosen Law Firm, Schall Brown & Schwartz LLP, and Glancy Prongay & Murray, have filed or are soliciting lead plaintiffs for a securities class action against Alarum Technologies Ltd. (NASDAQ: ALAR). The lawsuit alleges that between March 20, 2025 and July 2, 2026, Alarum and certain executives made false and misleading statements by failing to disclose that its subsidiary NetNut was engaging in illegal activity by linking customers' home internet devices into other networks without consent, enabling cybercriminals to conceal their locations. This allegedly heightened Alarum's legal exposure and threatened its business prospects. On July 2, 2026, Thomson Reuters — Reuters reported that Alphabet Inc., in partnership with the FBI, disrupted the NetNut proxy network, causing Alarum's ADS to fall 20.8% to $6.35. Subsequently, on July 4, 2026, Alarum announced a temporary operational pause of certain network services, leading to a further 51.49% drop to $3.08 on July 6, 2026. The lead plaintiff deadline is October 5, 2026.

Key Actions
100 Alphabet Inc. disrupted NetNut
100 Kaplan Fox & Kilsheimer filed class action Alarum Technologies
90 Alarum Technologies paused network services
90 Schall Brown & Schwartz LLP filed class action Alarum Technologies
70 NetNut linked devices without consent
64 Rosen Law Firm filed lawsuit Alarum Technologies
61 Glancy Prongay & Murray commenced investigation Alarum Technologies
Entities Involved
stock
Alarum Technologies
Alarum Technologies is the defendant in the securities class action. Its stock price collapsed following the disclosure of NetNut's alleged illegal activities and the operational pause, and it faces significant legal exposure and reputational damage.
Importance 100.0 Sentiment -80.0
priv
NetNut
NetNut, a subsidiary of Alarum, is at the center of the allegations. Its alleged illegal activities triggered the class action and the operational pause, severely impacting Alarum's business and stock price.
Importance 90.0 Sentiment -90.0
priv
Rosen Law Firm
Rosen Law Firm filed the first securities class action against Alarum and is actively soliciting lead plaintiffs. The firm stands to gain from a successful settlement or judgment.
Importance 70.0 Sentiment 20.0
stock
Alphabet Inc.
Alphabet Inc. disrupted the NetNut proxy network in partnership with the FBI, which triggered the stock price decline and subsequent class action. This action is part of Alphabet Inc.'s broader cybersecurity efforts.
Importance 60.0 Sentiment 10.0
priv
Schall Brown & Schwartz LLP
Schall Brown & Schwartz LLP is another law firm reminding investors of the class action and seeking lead plaintiff appointments. It is a secondary participant in the litigation.
Importance 50.0 Sentiment 10.0
priv
Glancy Prongay & Murray
Glancy Prongay & Murray is also soliciting investors for the class action. It is a secondary participant in the litigation.
Importance 50.0 Sentiment 10.0
govactor
United States — Federal Bureau of Investigation
The FBI partnered with Alphabet Inc. to disrupt the NetNut proxy network. This action is part of law enforcement efforts against cybercrime.
Importance 40.0 Sentiment 5.0
per
Lawrence Rosen
Lawrence Rosen is a founding partner of Rosen Law Firm and is listed as a contact for the class action. He is a prominent plaintiffs' attorney.
Importance 30.0 Sentiment 10.0
subs
Thomson Reuters — Reuters
Thomson Reuters — Reuters published the article that first revealed Alphabet Inc.'s disruption of NetNut, which led to the initial stock price drop. It is a news agency and not a direct participant in the litigation.
Importance 30.0 Sentiment 0.0
per
Philip Kim
Philip Kim is an attorney at Rosen Law Firm and is listed as a contact for the class action. He is involved in soliciting investors.
Importance 20.0 Sentiment 5.0
govactor
United States — United States Securities and Exchange Commission
The SEC is referenced as the regulator under which the securities laws were allegedly violated. It is not a party to the class action but may have regulatory interest.
Importance 20.0 Sentiment 0.0
per
Brian Schall
Brian Schall is a founding partner of Schall Brown & Schwartz LLP and is listed as a contact for the class action. He is involved in soliciting investors.
Importance 15.0 Sentiment 5.0
per
David Schwartz (disambiguation)
David Schwartz (disambiguation) is a founding partner of Schall Brown & Schwartz LLP and is listed as a contact for the class action. He is involved in soliciting investors.
Importance 15.0 Sentiment 5.0
per
Charles Linehan
Charles Linehan is an attorney at Glancy Prongay & Murray and is listed as a contact for the class action. He is involved in soliciting investors.
Importance 15.0 Sentiment 5.0
exch
Nasdaq
Nasdaq is the exchange where Alarum Technologies is listed. The lawsuit may affect the stock's trading but does not directly impact the exchange.
Importance 10.0 Sentiment 0.0
Relationships
Alarum Technologies parent ↔ NetNut Alarum Technologies is the parent company and sole owner of NetNut, integrating NetNut's proxy network services as a cor
Alarum Technologies related ↔ United States — Federal Bureau of Investigation
NetNut related ↔ United States — Federal Bureau of Investigation
Rosen Law Firm co-plaintiff ↔ Schall Brown & Schwartz LLP Rosen Law Firm frequently collaborates with Schall Brown & Schwartz LLP as co-counsel or co-plaintiff in securities clas
Rosen Law Firm co-plaintiff ↔ Glancy Prongay & Murray Rosen Law Firm frequently acts as co-counsel with Glancy Prongay & Murray in numerous securities class action lawsuits,
Rosen Law Firm related ↔ Lawrence Rosen
Rosen Law Firm related ↔ Thomson Reuters — Reuters
Rosen Law Firm related ↔ Philip Kim
Alphabet Inc. related ↔ Glancy Prongay & Murray
Alphabet Inc. related ↔ United States — Federal Bureau of Investigation
Alphabet Inc. related ↔ Thomson Reuters — Reuters
Schall Brown & Schwartz LLP co-plaintiffs ↔ Glancy Prongay & Murray Schall, Brown & Schwartz LLP frequently acts as co-plaintiff with Glancy Prongay & Murray in various securities fraud cl
Schall Brown & Schwartz LLP related ↔ Lawrence Rosen
Schall Brown & Schwartz LLP related ↔ Thomson Reuters — Reuters
Schall Brown & Schwartz LLP related ↔ Philip Kim
+ 7 more relationships View on Dashboard
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