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Portnoy Law: Lawsuit Filed On Behalf of Wrap Technologies, Inc. Investors

2020-09-25 08:00 ET - News Release

Click here to join the case

LOS ANGELES, Sept. 25, 2020 (GLOBE NEWSWIRE) --

The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of Wrap Technologies, Inc. ("Wrap" or "the Company") (NASDAQ: WRTC) investors that acquired securities between July 31, 2020 and September 23, 2020.  

Investors are encouraged to contact attorney Lesley F. Portnoy, to determine eligibility to participate in this action, by phone 310-692-8883 or email, or click here to join the case.

According to the lawsuit, throughout the Class Period the Defendant made misleading and/or false statements and/or failed to disclose that: (1) Wrap had concealed the results of the LAPD BolaWrap pilot program, after it was demonstrated that the BolaWrap was, expensive, ineffective, and rarely used in the field; and (2) public statements made by Wrap were materially false and/or misleading at all relevant times, as a result. When the true details were made clear to the market, the lawsuit claims that investors suffered damages.

Please visit our website to review more information and submit your transaction information.

The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com

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