{"id":507677,"date":"2021-06-29T09:03:57","date_gmt":"2021-06-29T13:03:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ater-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-aterian-inc\/"},"modified":"2021-06-29T09:03:57","modified_gmt":"2021-06-29T13:03:57","slug":"ater-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-aterian-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ater-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-aterian-inc\/","title":{"rendered":"ATER INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Aterian, Inc."},"content":{"rendered":"
\n

NEW YORK, June 29, 2021 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Aterian, Inc. (“Aterian” or the “Company”) (NASDAQ: ATER) from December 1, 2020 through May 3, 2021 (the \u201cClass Period\u201d). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934.<\/p>\n

If you\u00a0purchased Aterian securities, and\/or would like to discuss your legal rights and options<\/strong>\u00a0please visit\u00a0Aterian Shareholder Class Action Lawsuit<\/a>\u00a0or contact\u00a0Joseph R. Seidman, Jr.<\/a>\u00a0toll free at\u00a0(877) 779-1414<\/strong>\u00a0or\u00a0Seidman@bernlieb.com<\/a><\/p>\n

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and\/or failed to disclose that: (1) the Company\u2019s organic growth is plummeting; (2) the Company\u2019s recent, self-lauded acquisitions were overpayments for flawed assets from questionable sources; (3) Aterian\u2019s proposed artificial intelligence software is a flawed product that lacks customer interest; (4) Aterian uses rebate programs and paid or artificial reviews to pump up their product offerings; and (5) as a result, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n

On May 4, 2021, Culper Research published a scathing report, entitled \u201cAterian (ATER): Bought from Felons & Fraudsters, Sold to You.\u201d The research report accused the company of associating and having ties to convicted criminals, overhyping its AIMEE platform, and using \u201cgarbage\u201d acquisitions to conceal its \u201cill-conceived core business.\u201d Culper Research also stated that \u201cAterian has been largely unsuccessful in convincing other Amazon sellers to pay for its AIMEE AI platform, and at least 5 former employees and a former customer have expressed doubts regarding AIMEE\u2019s legitimacy.\u201d<\/p>\n

On this news, Aterian\u2019s stock price fell $3.04 per share, or approximately 24% over the next two trading days to close at $15.72 per share on May 5, 2021, damaging investors.<\/p>\n

If you wish to serve as lead plaintiff, you must move the Court no later than July 12, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn\u2019t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.<\/p>\n

If you\u00a0purchased Aterian securities, and\/or would like to discuss your legal rights and options<\/strong>\u00a0please visit https:\/\/www.bernlieb.com\/cases\/aterianinc-ater-shareholder-class-action-lawsuit-fraud-stock-399\/apply\/<\/a> or contact\u00a0Joseph R. Seidman, Jr.<\/a>\u00a0toll free at\u00a0(877) 779-1414<\/strong>\u00a0or\u00a0Seidman@bernlieb.com<\/a><\/p>\n

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal\u2019s \u201cPlaintiffs\u2019 Hot List\u201d thirteen times and listed in The Legal 500 for ten consecutive years.<\/p>\n

ATTORNEY ADVERTISING. \u00a9 2021 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.<\/p>\n

Contact Information<\/p>\n

Joseph R. Seidman, Jr.
Bernstein Liebhard LLP
https:\/\/www.bernlieb.com
(877) 779-1414
Seidman@bernlieb.com<\/p>\n

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

NEW YORK, June 29, 2021 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Aterian, Inc. (“Aterian” or the “Company”) (NASDAQ: ATER) from December 1, 2020 through May 3, 2021 (the \u201cClass Period\u201d). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934. If you\u00a0purchased Aterian securities, and\/or would like to discuss your legal rights and options\u00a0please visit\u00a0Aterian Shareholder Class Action Lawsuit\u00a0or contact\u00a0Joseph R. Seidman, Jr.\u00a0toll free at\u00a0(877) 779-1414\u00a0or\u00a0Seidman@bernlieb.com The … <\/p>\n

Continue reading “ATER INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Aterian, Inc.”<\/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-507677","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nATER INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Aterian, Inc. - 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\/ater-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-aterian-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ATER INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Aterian, Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, June 29, 2021 (GLOBE NEWSWIRE) — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Aterian, Inc. 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(“Aterian” or the “Company”) (NASDAQ: ATER) from December 1, 2020 through May 3, 2021 (the \u201cClass Period\u201d). The lawsuit filed in the United States District Court for the Southern District of New York alleges violations of the Securities Exchange Act of 1934. If you\u00a0purchased Aterian securities, and\/or would like to discuss your legal rights and options\u00a0please visit\u00a0Aterian Shareholder Class Action Lawsuit\u00a0or contact\u00a0Joseph R. Seidman, Jr.\u00a0toll free at\u00a0(877) 779-1414\u00a0or\u00a0Seidman@bernlieb.com The … Continue reading \"ATER INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Aterian, Inc.\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ater-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-aterian-inc\/","og_site_name":"Market Newsdesk","article_published_time":"2021-06-29T13:03:57+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI3MTg4MCM0MjczMDk4IzIwMjkzNDk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ater-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-aterian-inc\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ater-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-aterian-inc\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ATER INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Aterian, Inc.","datePublished":"2021-06-29T13:03:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ater-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-aterian-inc\/"},"wordCount":609,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ater-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-aterian-inc\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODI3MTg4MCM0MjczMDk4IzIwMjkzNDk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ater-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-aterian-inc\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ater-investor-filing-deadline-bernstein-liebhard-llp-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-aterian-inc\/","name":"ATER INVESTOR FILING DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Aterian, Inc. - 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