Alarum Technologies Faces Class Action Investigation After FBI Probe
Shares of Alarum Technologies plummeted 61.85% over two trading sessions after federal authorities seized internet domains linked to the company’s NetNut subsidiary. The stock collapse followed reports that the FBI is examining whether the firm improperly utilized residential internet devices to create an unauthorized proxy network for users.
Pomerantz LLP has officially launched an investigation into potential securities fraud involving Alarum Technologies. The inquiry focuses on whether the company or its leadership engaged in unlawful business practices regarding the operation of NetNut, a platform accused of linking home internet devices without explicit user consent to mask location data.
The market reaction was swift and severe. Following the revelation of the FBI’s coordinated infrastructure seizure, Alarum’s American Depositary Receipts shed $4.96 in value, closing at $3.06 on July 6, 2026. Legal representatives are now soliciting contact from affected investors to determine the scope of damages and potential class action viability.
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