Vincent Wong Law Firms Notify Investors of Class Action Involving Aterian, Inc.
New York, New York – (Newsfile Corp. – July 7, 2021) – Law firms of Vincent Wong announce that a class action lawsuit has been filed on behalf of the investors who bought Aterian, Inc. (“Aterian”) (NASDAQ: ATER) between December 1, 2020 and May 3, 2021.
If you have suffered a claim, contact us via the link below. There is no cost or obligation for you.
The allegations against ATER include that the Company has made materially false and / or misleading statements and / or failed to disclose that: (i) the organic growth of the Company is in free fall; (ii) the Company’s recent acquisitions, which it bragged about, were overpayments for defective assets from questionable sources; (iii) Aterian’s alleged artificial intelligence software is a defective product which is of no interest to the customer; (iv) Aterian uses paid or contrived discount programs and reviews to inflate its product offerings; and (v) accordingly, the Company’s public statements were materially false and misleading at all material times.
If you have suffered a loss at Aterian, you have up to July 12, 2021 ask the Court to appoint you as the principal applicant. Your ability to participate in any recovery does not require you to serve as the principal applicant.
Vincent Wong, Esq. is an experienced lawyer who has represented investors in securities litigation involving financial fraud and violations of shareholder rights. Lawyer advertising. Past results do not guarantee similar results.
Vincent Wong, Esq.
39 Broadway East
New York, New York 10002
Email: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89650