(October 20, 2020, 2:12 PM EDT) -- LOS ANGELES — A security technology company and certain of its current and former executive officers violated federal securities law when they failed to disclose to investors that the Los Angeles Police Department’s (LAPD) pilot testing program for the company’s remote restraint device showed limited utility, thereby allowing the company’s stock to trade at an artificially high rate, a shareholder alleges in an Oct. 15 complaint filed in California federal court (Paula Early v. Wrap Technologies Inc., et al., No. 20-9444, C.D. Calif.)....