{"id":383246,"date":"2020-11-17T11:48:19","date_gmt":"2020-11-17T16:48:19","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=383246"},"modified":"2020-11-17T11:48:19","modified_gmt":"2020-11-17T16:48:19","slug":"deadline-alert-for-wrtc-glng-gtx-gtxmq-and-bmrn-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-5","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-alert-for-wrtc-glng-gtx-gtxmq-and-bmrn-the-law-offices-of-frank-r-cruz-reminds-investors-of-class-actions-on-behalf-of-shareholders-5\/","title":{"rendered":"DEADLINE ALERT for WRTC, GLNG, GTX, GTXMQ, and BMRN: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders"},"content":{"rendered":"
\n

LOS ANGELES, Nov. 17, 2020 (GLOBE NEWSWIRE) — The Law Offices of Frank R. Cruz<\/a> reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.\u00a0 Investors have until the deadlines listed below to file a lead plaintiff motion.<\/p>\n

Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com<\/a>.<\/p>\n

\n Wrap Technologies, Inc.<\/strong> (NASDAQ: WRTC<\/a>)
Class Period: April 29, 2020 \u2013 September 23, 2020
Lead Plaintiff Deadline: November 23<\/strong>, 2020<\/strong><\/p>\n

The complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors 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, the Company\u2019s public statements were materially false and\/or misleading at all relevant times.<\/p>\n

\n Golar LNG Limited<\/strong> (NASDAQ: GLNG<\/a>)
Class Period: April 30, 2020 \u2013 September 24, 2020
Lead Plaintiff Deadline: November 23<\/strong>, 2020<\/strong><\/p>\n

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that certain employees, including Hygo\u2019s CEO, had bribed third parties, thereby violating anti-bribery policies; (2) that, as a result, the Company was likely to face regulatory scrutiny and possible penalties; (3) that, as a result of the foregoing reputational harm, Hygo\u2019s valuation ahead of its IPO would be significantly impaired; and (4) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

\n Garrett Motion<\/strong> (NYSE: GTX<\/a>, OTC: GTXMQ<\/a>)
Class Period: October 1, 2018 \u2013 September 18, 2020
Lead Plaintiff Deadline: November 24<\/strong>, 2020<\/strong><\/p>\n

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that, due to its agreement to indemnify and reimburse Honeywell for certain asbestos-related liability, Garrett was saddled with an unsustainable level of debt; (2) that, as a result, Garrett had a highly leveraged capital structure that posed significant challenges to its overall strategic and financial flexibility; (3) that, as a result of the foregoing, Garrett\u2019s ability to gain or hold market share was impaired; (4) that, as a result of the foregoing, the Company was reasonably likely to seek bankruptcy protection; and (5) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

\n BioMarin Pharmaceuticals Inc. <\/strong>(NASDAQ: BMRN<\/a>)
Class Period: February 28, 2020 \u2013 August 18, 2020
Lead Plaintiff Deadline: November 24, 2020<\/strong><\/p>\n

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse facts about the Company\u2019s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that, due to its agreement to indemnify and reimburse Honeywell for certain asbestos-related liability, Garrett was saddled with an unsustainable level of debt; (2) that, as a result, Garrett had a highly leveraged capital structure that posed significant challenges to its overall strategic and financial flexibility; (3) that, as a result of the foregoing, Garrett\u2019s ability to gain or hold market share was impaired; (4) that, as a result of the foregoing, the Company was reasonably likely to seek bankruptcy protection; and (5) that, as a result of the foregoing, Defendants\u2019 positive statements about the Company\u2019s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis.<\/p>\n

Follow us for updates on Twitter: twitter.com\/FRC_LAW<\/a>.<\/p>\n

To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to\u00a0learn more\u00a0about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com<\/a>, or visit our website at www.frankcruzlaw.com<\/a>.\u00a0\u00a0 If you inquire by email please include your mailing address, telephone number, and number of shares purchased.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

Contacts<\/p>\n

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com<\/a>
www.frankcruzlaw.com<\/a><\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

LOS ANGELES, Nov. 17, 2020 (GLOBE NEWSWIRE) — The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.\u00a0 Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com. Wrap Technologies, Inc. (NASDAQ: WRTC)Class Period: April 29, 2020 \u2013 September 23, 2020Lead Plaintiff Deadline: November 23, 2020 The complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse … <\/p>\n

Continue reading “DEADLINE ALERT for WRTC, GLNG, GTX, GTXMQ, and BMRN: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders”<\/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-383246","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDEADLINE ALERT for WRTC, GLNG, GTX, GTXMQ, and BMRN: The Law Offices of Frank R. 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Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.\u00a0 Investors have until the deadlines listed below to file a lead plaintiff motion. Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to fcruz@frankcruzlaw.com. Wrap Technologies, Inc. (NASDAQ: WRTC)Class Period: April 29, 2020 \u2013 September 23, 2020Lead Plaintiff Deadline: November 23, 2020 The complaint alleges that throughout the Class Period, Defendants made materially false and\/or misleading statements, as well as failed to disclose material adverse … Continue reading "DEADLINE ALERT for WRTC, GLNG, GTX, GTXMQ, and BMRN: The Law Offices of Frank R. 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