{"id":501443,"date":"2021-06-07T16:05:13","date_gmt":"2021-06-07T20:05:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\/"},"modified":"2021-06-07T16:05:13","modified_gmt":"2021-06-07T20:05:13","slug":"hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\/","title":{"rendered":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now"},"content":{"rendered":"
\n

SAN FRANCISCO, June 07, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Aterian, Inc. (NASDAQ: ATER) <\/strong>f\/k\/a Mohawk Group Holdings (MWK) <\/strong>investors with significant losses to submit your losses now<\/a>.<\/p>\n\n\n\n\n\n\n
\n Class Period: <\/strong>Dec. 1, 2020 \u2013 May 3, 2021<\/td>\n<\/tr>\n
\n Lead Plaintiff Deadline: <\/strong>July 12, 2021<\/td>\n<\/tr>\n
\n Visit:<\/strong>
\n www.hbsslaw.com\/investor-fraud\/ATER<\/a>\n <\/td>\n<\/tr>\n
\n Contact An Attorney Now:<\/strong>\u00a0\u00a0<\/td>\n\n ATER@hbsslaw.com<\/a>\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n 844-916-0895<\/strong>\n <\/td>\n<\/tr>\n<\/table>\n

\n Aterian, Inc. (NASDAQ: ATER) Securities Fraud Class Action: <\/strong>\n <\/p>\n

The complaint alleges that Aterian falsely touted its core business, recent acquisitions, and the functionality of AIMEE \u2013 the company\u2019s purported artificial intelligence platform that allows users to manage products on online marketplaces.<\/p>\n

In reality, (1) Aterian\u2019s organic growth is plummeting, (2) its self-lauded acquisitions were overpayments for flawed assets from questionable sources, (3) its AIMEE is flawed and lacks customer interest, and (4) it uses rebates and pays for artificial reviews to pump up product offerings.<\/p>\n

The truth emerged on May 4, 2021, when analyst Culper Research <\/em>published a scathing report entitled \u201cAterian (ATER): Bought from Felons & Fraudsters, Sold to You.\u201d Among other things, Culper <\/em>accuses the company of having ties to convicted criminals, overhyping its AIMEE platform, and using \u201cgarbage acquisitions\u201d to conceal its \u201cill-conceived core business.\u201d \u00a0\u00a0<\/p>\n

This news drove the price of Aterian shares crashing sharply lower on May 4, 2021.<\/p>\n

Recently, on May 18, 2021, Aterian\u2019s Chief Revenue Officer (Tomer Pascal) dumped over $1.6 million of his recently-vested stock, even as Aterian shares sit near YTD lows. This comes on the heels of Pascal dumping over $4.9 million Aterian shares in Mar. 2021.<\/p>\n

\u201cWe\u2019re focused on investors\u2019 losses and proving Aterian misled investors about its acquisitions and the AIMEE platform,\u201d said Reed Kathrein, the Hagens Berman partner leading the investigation.<\/p>\n

If you are an Aterian investor and have significant losses, or have knowledge that may assist the firm\u2019s investigation, click here to discuss your legal rights with Hagens Berman<\/a>.<\/p>\n

\n Whistleblowers: <\/strong>Persons with non-public information regarding Aterian should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895<\/strong> or email ATER@hbsslaw.com<\/a>.<\/p>\n

\n
\n About Hagens Berman<\/u>
\n <\/a>
\n
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation.\u00a0\u00a0 More about the firm and its successes is located at hbsslaw.com<\/a>. For the latest news visit our newsroom<\/u><\/a> or follow us on Twitter at @classactionlaw<\/u><\/a>.<\/p>\n

\n Contact: <\/u>
\n
Reed Kathrein, 844-916-0895<\/p>\n

\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

SAN FRANCISCO, June 07, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Aterian, Inc. (NASDAQ: ATER) f\/k\/a Mohawk Group Holdings (MWK) investors with significant losses to submit your losses now. Class Period: Dec. 1, 2020 \u2013 May 3, 2021 Lead Plaintiff Deadline: July 12, 2021 Visit: www.hbsslaw.com\/investor-fraud\/ATER Contact An Attorney Now:\u00a0\u00a0 ATER@hbsslaw.com\u00a0 \u00a0 844-916-0895 Aterian, Inc. (NASDAQ: ATER) Securities Fraud Class Action: The complaint alleges that Aterian falsely touted its core business, recent acquisitions, and the functionality of AIMEE \u2013 the company\u2019s purported artificial intelligence platform that allows users to manage products on online marketplaces. In reality, (1) Aterian\u2019s organic growth is plummeting, (2) its self-lauded acquisitions were overpayments for flawed assets from questionable sources, (3) its AIMEE is flawed and … <\/p>\n

Continue reading “HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-501443","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SAN FRANCISCO, June 07, 2021 (GLOBE NEWSWIRE) — Hagens Berman urges Aterian, Inc. 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In reality, (1) Aterian\u2019s organic growth is plummeting, (2) its self-lauded acquisitions were overpayments for flawed assets from questionable sources, (3) its AIMEE is flawed and … Continue reading "HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-07T20:05:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI1MDIzMyM0MjMxNDU4IzIwMTg1MzI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now\",\"datePublished\":\"2021-06-07T20:05:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\\\/\"},\"wordCount\":444,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODI1MDIzMyM0MjMxNDU4IzIwMTg1MzI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\\\/\",\"name\":\"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now - 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(NASDAQ: ATER) f\/k\/a Mohawk Group Holdings (MWK) investors with significant losses to submit your losses now. Class Period: Dec. 1, 2020 \u2013 May 3, 2021 Lead Plaintiff Deadline: July 12, 2021 Visit: www.hbsslaw.com\/investor-fraud\/ATER Contact An Attorney Now:\u00a0\u00a0 ATER@hbsslaw.com\u00a0 \u00a0 844-916-0895 Aterian, Inc. (NASDAQ: ATER) Securities Fraud Class Action: The complaint alleges that Aterian falsely touted its core business, recent acquisitions, and the functionality of AIMEE \u2013 the company\u2019s purported artificial intelligence platform that allows users to manage products on online marketplaces. In reality, (1) Aterian\u2019s organic growth is plummeting, (2) its self-lauded acquisitions were overpayments for flawed assets from questionable sources, (3) its AIMEE is flawed and … Continue reading \"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\/","og_site_name":"Market Newsdesk","article_published_time":"2021-06-07T20:05:13+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI1MDIzMyM0MjMxNDU4IzIwMTg1MzI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now","datePublished":"2021-06-07T20:05:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\/"},"wordCount":444,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI1MDIzMyM0MjMxNDU4IzIwMTg1MzI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hagens-berman-national-trial-attorneys-alerts-aterian-ater-investors-to-securities-fraud-lawsuit-encourages-investors-with-losses-to-contact-the-firm-now\/","name":"HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now - 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