{"id":380506,"date":"2020-11-12T18:00:11","date_gmt":"2020-11-12T23:00:11","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=380506"},"modified":"2020-11-12T18:00:11","modified_gmt":"2020-11-12T23:00:11","slug":"wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-reminds-investors-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-distric","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-reminds-investors-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-distric\/","title":{"rendered":"WRAP TECHNOLOGIES, INC. CLASS ACTION Alert: Wolf Haldenstein Adler Freeman &amp; Herz LLP reminds investors that a  securities  class  action  lawsuit  has  been  filed  in  the  United States District Court for the Central District of California on behalf of investors that purchased Wrap Technologies, Inc."},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">RAPIDLY APPROACHING LEAD PLAINTIFF DEADLINE IS NOVEMBER 23, 2020<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Nov. 12, 2020<\/span> \/PRNewswire\/ &#8212;\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980564-2&amp;h=3060724590&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fwrap-technologies-inc-nasdaq-wrtc%2F&amp;a=Wolf+Haldenstein+Adler+Freeman+%26+Herz+LLP+\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">Wolf Haldenstein Adler Freeman<\/span> &amp; Herz LLP <\/a>\u00a0announces that a federal securities class action \u00a0lawsuit \u00a0has \u00a0been \u00a0filed in <span class=\"xn-location\">the United States<\/span> District Court for the<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1064977\/Wolf_Haldenstein_Adler_Freeman_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1064977\/Wolf_Haldenstein_Adler_Freeman_Logo.jpg\" title=\"(PRNewsfoto\/Wolf Haldenstein Adler Freeman )\" alt=\"(PRNewsfoto\/Wolf Haldenstein Adler Freeman )\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Central District of <span class=\"xn-location\">California<\/span> on behalf of investors that purchased Wrap Technologies, Inc. (NASDAQ: WRTC) (the &#8220;Company&#8221;) \u00a0securities between\u00a0July 31, 2020 and <span class=\"xn-chron\">September 23, 2020<\/span>, inclusive (the &#8220;Class Period&#8221;).<\/p>\n<p>\n        <b>All <\/b><br \/>\n        <b>\u00a0investors who purchased shares of <\/b><br \/>\n        <b>Wrap Technologies, Inc.<\/b><br \/>\n        <b>,<\/b><br \/>\n        <b>and incurred losses are urged<\/b><br \/>\n        <b> to contact the firm immediately at \u00a0<a target=\"_blank\" href=\"mailto:classmember@whafh.com\" rel=\"nofollow noopener noreferrer\">classmember@whafh.com<\/a> or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980564-2&amp;h=975791379&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fwrap-technologies-inc-nasdaq-wrtc%2F&amp;a=join+the+case\" rel=\"nofollow noopener noreferrer\">join the case<\/a> on our website, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980564-2&amp;h=690713492&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fwrap-technologies-inc-nasdaq-wrtc%2F&amp;a=www.whafh.com.\" rel=\"nofollow noopener noreferrer\">www.whafh.com.<\/a><\/b>\n      <\/p>\n<p>If you \u00a0have \u00a0incurred \u00a0losses \u00a0in \u00a0the \u00a0shares of against <b>Wrap Technologies, Inc.<\/b><b>,<\/b><b>you<\/b><b> may,<\/b><b>no later than <span class=\"xn-chron\">November 23, 2020<\/span><\/b><b>, \u00a0<\/b>request that the Court appoint you lead plaintiff of the proposed class.\u00a0 Please contact <a target=\"_blank\" href=\"mailto:gstone@whafh.com\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">Wolf Haldenstein<\/span><\/a> to learn more about your rights as an investor in the shares of Wrap Technologies, Inc. \u00a0<\/p>\n<p class=\"prntac\">\n        <b><br \/>\n          <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980564-2&amp;h=3353529775&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fwrap-technologies-inc-nasdaq-wrtc%2F&amp;a=CLICK+HERE+TO+JOIN+CASE\" rel=\"nofollow noopener noreferrer\">CLICK HERE TO JOIN CASE<\/a><br \/>\n        <\/b>\n      <\/p>\n<p>On <span class=\"xn-chron\">September 23, 2020<\/span>, White Diamond Research published a report entitled <i>&#8220;Wrap Technologies: Disastrous LAPD BolaWrap Pilot Program Results, No Evidence These Have Been Communicated To Investors&#8221;<\/i> alleging, among other things, that the Company&#8217;s trial pilot program with the LAPD was a disaster, and that the Company had not disclosed the results to investors.<\/p>\n<p>On this news, securities of Wrap fell <span class=\"xn-money\">$2.07<\/span> \u00a0per \u00a0share, or 25.43%, \u00a0to close at <span class=\"xn-money\">$6.07<\/span> per share.<\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980564-2&amp;h=4171055913&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fwrap-technologies-inc-nasdaq-wrtc%2F&amp;a=Wolf+Haldenstein\" rel=\"nofollow noopener noreferrer\"><br \/>\n          <span class=\"xn-person\">Wolf Haldenstein<\/span><br \/>\n        <\/a> has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.\u00a0 The firm has attorneys in various practice areas; and offices in <span class=\"xn-location\">New York<\/span>, <span class=\"xn-location\">Chicago<\/span> and San Diego.\u00a0 The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.<\/p>\n<p>If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact <a target=\"_blank\" href=\"mailto:gstone@whafh.com\" rel=\"nofollow noopener noreferrer\"><span class=\"xn-person\">Wolf Haldenstein<\/span><\/a> by telephone at (800) 575-0735, via e-mail at <a target=\"_blank\" href=\"mailto:classmember@whafh.com\" rel=\"nofollow noopener noreferrer\">classmember@whafh.com<\/a>, or visit our website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2980564-2&amp;h=1694269882&amp;u=https%3A%2F%2Fwww.whafh.com%2Fcase%2Fwrap-technologies-inc-nasdaq-wrtc%2F&amp;a=%C2%A0www.whafh.com.\" rel=\"nofollow noopener noreferrer\">\u00a0www.whafh.com.<\/a><\/p>\n<p>Contact:<\/p>\n<p>\n        <span class=\"xn-person\">Wolf Haldenstein Adler Freeman<\/span> &amp; Herz LLP <br \/><span class=\"xn-person\">Kevin Cooper, Esq.<\/span><br \/><span class=\"xn-person\">Gregory Stone<\/span>, Director of Case and Financial Analysis<br \/>Email: <a target=\"_blank\" href=\"mailto:gstone@whafh.com\" rel=\"nofollow noopener noreferrer\">gstone@whafh.com<\/a>, <a href=\"mailto:kcooper@whafh.com\" rel=\"nofollow\">kcooper@whafh.com<\/a> or <a target=\"_blank\" href=\"mailto:classmember@whafh.com\" rel=\"nofollow noopener noreferrer\">classmember@whafh.com<\/a>\u00a0<br \/>Tel: (800) 575-0735 or (212) 545-4774<\/p>\n<p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.\u00a0 <\/p>\n<p>Bragar Eagel &amp; Squire, P.C., a nationally recognized shareholder rights law firm, announces that a class action lawsuit has been filed in <span class=\"xn-location\">the United States<\/span> District Court for the Central District of <span class=\"xn-location\">California<\/span> on behalf of investors that purchased Wrap Technologies, Inc. (NASDAQ: WRTC) securities between\u00a0July 31, 2020 and <span class=\"xn-chron\">September 23, 2020<\/span> (the &#8220;Class Period&#8221;). Investors have until <span class=\"xn-chron\">November 23, 2020<\/span> to apply to the Court to be appointed as lead plaintiff in the lawsuit.<\/p>\n<p>Click here to participate in the action. <\/p>\n<p>On <span class=\"xn-chron\">September 23, 2020<\/span>, White Diamond Research published a report entitled &#8220;Wrap Technologies: Disastrous LAPD BolaWrap Pilot Program Results, No Evidence These Have Been Communicated To Investors&#8221; alleging, among other things, that the Company&#8217;s trial pilot program with the LAPD was a disaster, and that the Company had not disclosed the results to investors.<\/p>\n<p>On this news, securities of Wrap fell <span class=\"xn-money\">$2.07<\/span> per share, or 25.43% to close at$6.07 per share on <span class=\"xn-chron\">September 23, 2020<\/span>. <\/p>\n<p>The complaint, filed on <span class=\"xn-chron\">September 23, 2020<\/span>, alleges that throughout the Class Period defendants made false and\/or misleading statements and\/or failed to disclose that: (1) the Company had concealed the results of the LAPD BolaWrap pilot program, which demonstrated that the BolaWrap was ineffective, expensive, and sparingly used in the field; and (2) as a result, defendants&#8217; public statements were materially false and\/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.<\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY90518&amp;sd=2020-11-12\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman--herz-llp-reminds-investors-that-a--securities--class--action--lawsuit--has--been--filed--in--the--united-states-district-court-for-the-central-district-o-301172416.html\">http:\/\/www.prnewswire.com\/news-releases\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman&#8211;herz-llp-reminds-investors-that-a&#8211;securities&#8211;class&#8211;action&#8211;lawsuit&#8211;has&#8211;been&#8211;filed&#8211;in&#8211;the&#8211;united-states-district-court-for-the-central-district-o-301172416.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Wolf Haldenstein Adler Freeman<\/span> &amp; Herz LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY90518&amp;Transmission_Id=202011121757PR_NEWS_USPR_____NY90518&amp;DateId=20201112\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>RAPIDLY APPROACHING LEAD PLAINTIFF DEADLINE IS NOVEMBER 23, 2020 PR Newswire NEW YORK, Nov. 12, 2020 \/PRNewswire\/ &#8212;\u00a0Wolf Haldenstein Adler Freeman &amp; Herz LLP \u00a0announces that a federal securities class action \u00a0lawsuit \u00a0has \u00a0been \u00a0filed in the United States District Court for the Central District of California on behalf of investors that purchased Wrap Technologies, Inc. (NASDAQ: WRTC) (the &#8220;Company&#8221;) \u00a0securities between\u00a0July 31, 2020 and September 23, 2020, inclusive (the &#8220;Class Period&#8221;). All \u00a0investors who purchased shares of Wrap Technologies, Inc. , and incurred losses are urged to contact the firm immediately at \u00a0classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case on our website, www.whafh.com. If you \u00a0have \u00a0incurred &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-reminds-investors-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-distric\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WRAP TECHNOLOGIES, INC. CLASS ACTION Alert: Wolf Haldenstein Adler Freeman &amp; Herz LLP reminds investors that a  securities  class  action  lawsuit  has  been  filed  in  the  United States District Court for the Central District of California on behalf of investors that purchased Wrap Technologies, Inc.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-380506","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WRAP TECHNOLOGIES, INC. CLASS ACTION Alert: Wolf Haldenstein Adler Freeman &amp; Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased Wrap Technologies, Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-reminds-investors-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-distric\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WRAP TECHNOLOGIES, INC. CLASS ACTION Alert: Wolf Haldenstein Adler Freeman &amp; Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased Wrap Technologies, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RAPIDLY APPROACHING LEAD PLAINTIFF DEADLINE IS NOVEMBER 23, 2020 PR Newswire NEW YORK, Nov. 12, 2020 \/PRNewswire\/ &#8212;\u00a0Wolf Haldenstein Adler Freeman &amp; Herz LLP \u00a0announces that a federal securities class action \u00a0lawsuit \u00a0has \u00a0been \u00a0filed in the United States District Court for the Central District of California on behalf of investors that purchased Wrap Technologies, Inc. (NASDAQ: WRTC) (the &#8220;Company&#8221;) \u00a0securities between\u00a0July 31, 2020 and September 23, 2020, inclusive (the &#8220;Class Period&#8221;). All \u00a0investors who purchased shares of Wrap Technologies, Inc. , and incurred losses are urged to contact the firm immediately at \u00a0classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case on our website, www.whafh.com. If you \u00a0have \u00a0incurred &hellip; Continue reading &quot;WRAP TECHNOLOGIES, INC. CLASS ACTION Alert: Wolf Haldenstein Adler Freeman &amp; Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased Wrap Technologies, Inc.&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-reminds-investors-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-distric\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T23:00:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1064977\/Wolf_Haldenstein_Adler_Freeman_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-reminds-investors-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-distric\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-reminds-investors-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-distric\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"WRAP TECHNOLOGIES, INC. 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CLASS ACTION Alert: Wolf Haldenstein Adler Freeman &amp; Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased Wrap Technologies, Inc. - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-reminds-investors-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-distric\/","og_locale":"en_US","og_type":"article","og_title":"WRAP TECHNOLOGIES, INC. CLASS ACTION Alert: Wolf Haldenstein Adler Freeman &amp; Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased Wrap Technologies, Inc. - Market Newsdesk","og_description":"RAPIDLY APPROACHING LEAD PLAINTIFF DEADLINE IS NOVEMBER 23, 2020 PR Newswire NEW YORK, Nov. 12, 2020 \/PRNewswire\/ &#8212;\u00a0Wolf Haldenstein Adler Freeman &amp; Herz LLP \u00a0announces that a federal securities class action \u00a0lawsuit \u00a0has \u00a0been \u00a0filed in the United States District Court for the Central District of California on behalf of investors that purchased Wrap Technologies, Inc. (NASDAQ: WRTC) (the &#8220;Company&#8221;) \u00a0securities between\u00a0July 31, 2020 and September 23, 2020, inclusive (the &#8220;Class Period&#8221;). All \u00a0investors who purchased shares of Wrap Technologies, Inc. , and incurred losses are urged to contact the firm immediately at \u00a0classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case on our website, www.whafh.com. If you \u00a0have \u00a0incurred &hellip; Continue reading \"WRAP TECHNOLOGIES, INC. CLASS ACTION Alert: Wolf Haldenstein Adler Freeman &amp; Herz LLP reminds investors that a securities class action lawsuit has been filed in the United States District Court for the Central District of California on behalf of investors that purchased Wrap Technologies, Inc.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-reminds-investors-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-distric\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-12T23:00:11+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1064977\/Wolf_Haldenstein_Adler_Freeman_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-reminds-investors-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-distric\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wrap-technologies-inc-class-action-alert-wolf-haldenstein-adler-freeman-herz-llp-reminds-investors-that-a-securities-class-action-lawsuit-has-been-filed-in-the-united-states-distric\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"WRAP TECHNOLOGIES, INC. 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