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New York, New York--(Newsfile Corp. - July 7, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Aterian, Inc. (NASDAQ: ATER) alleging that the Company violated federal securities laws.
Class Period: December 1, 2020 and May 3, 2021
Lead Plaintiff Deadline: July 12, 2021
No obligation or cost to you.
Learn more about your recoverable losses in ATER:
Aterian, Inc. NEWS - ATER NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Aterian, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the Company's organic growth is plummeting; (ii) the Company's recent, self-lauded acquisitions were overpayments for flawed assets from questionable sources; (iii) Aterian's purported artificial intelligence software is a flawed product that lacks customer interest; (iv) Aterian uses rebate programs and paid or artificial reviews to pump up their product offerings; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Aterian you have until July 12, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Aterian securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
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