SHAREHOLDER ALERT: Holzer & Holzer Announces that a Class Action Was Filed on Behalf of Wrap Investors and Encourages Investors With Losses to Contact the Firm

September 24, 2020 11:22 AM EDT | Source: Holzer & Holzer LLC

Atlanta, Georgia--(Newsfile Corp. - September 24, 2020) - Holzer & Holzer, LLC announces that a class action lawsuit has been filed on behalf of investors who purchased Wrap Technologies, Inc. ("Wrap" or the "Company") (NASDAQ: WRTC) securities between July 31, 2020 and September 23, 2020 (the "Class Period").

The complaint alleges 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' public statements were materially false and/or misleading at all relevant times.

If you purchased shares of Wrap securities between July 31, 2020 and September 23, 2020 and suffered significant losses on that investment, you are encouraged to contact Marshall P. Dees, Esq. at mdees@holzerlaw.com or Luke R. Kennedy, Esq. at lkennedy@holzerlaw.com, or through www.holzerlaw.com to discuss your legal rights.

Holzer & Holzer, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey D. Holzer is the attorney responsible for its content.

CONTACT:

Corey D. Holzer, Esq.

(888) 508-6832 (toll-free)

cholzer@holzerlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/64570

info