LAWSUITS FILED AGAINST ATER, DNMR and SPCE - Jakubowitz Law Pursues Shareholders Claims

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NEW YORK, NY / ACCESSWIRE / June 23, 2021 / Jakubowitz Law announces that securities fraud class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies who purchased shares within the class periods listed below. Shareholders interested in representing the class of wronged shareholders have until the lead plaintiff deadline to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. For more details and to speak with our firm without cost or obligation, follow the links below.

Aterian, Inc. (NASDAQ:ATER)

CONTACT JAKUBOWITZ ABOUT ATER:
https://claimyourloss.com/securities/aterian-inc-loss-submission-form/?id=17118&from=1

Class Period : December 1, 2020 - May 3, 2021

Lead Plaintiff Deadline : July 12, 2021

The filed complaint alleges that defendants 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.

Danimer Scientific, Inc. (NYSE:DNMR)

CONTACT JAKUBOWITZ ABOUT DNMR:
https://claimyourloss.com/securities/danimer-scientific-inc-loss-submission-form/?id=17118&from=1

Class Period : October 5, 2020 - May 4, 2021

Lead Plaintiff Deadline : July 13, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) Danimer had deficient internal controls; (ii) as a result, the Company had misrepresented, inter alia, its operations' size and regulatory compliance; (iii) Defendants had overstated Nodax's biodegradability, particularly in oceans and landfills; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Virgin Galactic Holdings, Inc. (NYSE:SPCE)

CONTACT JAKUBOWITZ ABOUT SPCE:
https://claimyourloss.com/securities/virgin-galactic-holdings-inc-loss-submission-form/?id=17118&from=1

Class Period : October 26, 2019 - April 30, 2021

Lead Plaintiff Deadline : July 27, 2021

The filed complaint alleges that defendants made materially false and/or misleading statements and/or failed to disclose that: (i) for accounting purposes, Social Capital Hedosophia Holdings Corp.'s ("SCH") warrants were required to be treated as liabilities rather than equities; (ii) Virgin Galactic had deficient disclosure controls and procedures and internal control over financial reporting; (iii) as a result, the Company improperly accounted for SCH warrants that were outstanding at the time of the business combination; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887

SOURCE: Jakubowitz Law



View source version on accesswire.com:
https://www.accesswire.com/652838/LAWSUITS-FILED-AGAINST-ATER-DNMR-and-SPCE--Jakubowitz-Law-Pursues-Shareholders-Claims

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