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The Law Offices of Frank R. Cruz announces an investigation of Alarum Technologies Ltd. (“Alarum” or the “Company”) (NASDAQ: ALAR) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On July 2, 2026, at approximately 2:00 p.m. Eastern, Reuters reported Google had “disabled accounts and services used in NetNut,” Alarum’s subsidiary, alleging NetNut was connected to the dangerous botnet Popa, and was being “used to conceal and route malicious online traffic.” Google reportedly had “shared technical intelligence on the group’s infrastructure with law enforcement and industry partners to support broader enforcement efforts.”
On this news, the Company’s share price fell $1.67 or 20.81%, to close at $6.35 on July 2, 2026, on unusually heavy trading volume.
Then, on July 2, 2026, after the market closed, Bloomberg News reported the “FBI seized multiple internet domains as part of a ‘coordinated law enforcement targeting infrastructure associated with NetNut’s residential proxy platforms, its administrators and its users.’” Bloomberg News revealed the FBI investigation has been ongoing “for more than a year.”
The Bloomberg report explained that, while some device owners willingly install proxy services, “[i]n other instances, devices are enrolled into residential proxy networks without their owners’ knowledge,” and “users may not even notice the uninvited proxy internet squatters until the police come to their door investigating cybercrime coming from the home.”
On this news, Alarum’s stock price fell as much as 53% during intraday trading on July 6, 2026, thereby injuring investors further.
If you suffered a loss on your Alarum Technologies Ltd. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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