ATER ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of July 12, 2021 in the Class Action Filed on Behalf of Aterian, Inc. Limited Shareholders

·2 min read

New York, New York--(Newsfile Corp. - June 15, 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

Learn more about your recoverable losses in ATER:
https://www.kleinstocklaw.com/pslra-1/aterian-inc-loss-submission-form?id=16899&from=5

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.

Shareholders 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.

For additional information about the ATER lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/87644

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