---
title: "Alarum faces Israel class action seeking up to NIS 120 million over proxy business disclosures"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293513846.md"
description: "Alarum faces two Israeli court actions regarding disclosures about its residential proxy business. A proposed securities class action, filed by Hadar Shamai, seeks up to NIS 120 million, alleging misleading statements and omitted risks for shareholders between March 2022 and July 2026. Additionally, Gad Libman filed a motion for document access to assess a potential derivative claim. Alarum is reviewing the matters with counsel and plans to contest the claims."
datetime: "2026-07-22T20:02:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293513846.md)
  - [en](https://longbridge.com/en/news/293513846.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293513846.md)
generator: "portal-rs"
---

# Alarum faces Israel class action seeking up to NIS 120 million over proxy business disclosures

-   Alarum faces two Israel court actions tied to disclosures about its residential proxy business, including a proposed securities class action seeking up to NIS 120 million. \* Class-action motion filed by Hadar Shamai targets Alarum, its CEO, its CFO; alleges misleading statements, omitted risk disclosures, U.S. securities-law violations. \* Proposed class covers buyers from March 29, 2022 to July 2, 2026 who held shares as of July 2, 2026; plaintiff argues Israel is the proper forum. \* Separate motion by Gad Libman seeks court-ordered access to documents to assess a potential derivative claim; hearing set for Dec. 15, 2026. \* Company is reviewing both matters with counsel, plans to contest the claims. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alarum Technologies Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-080392), on July 22, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**