Press release
Lawsuit filed for Investors in shares of Aterian, Inc. (NASDAQ: MWK)
A lawsuit was filed on behalf of investors in Aterian, Inc. (NASDAQ: MWK) shares over alleged securities laws violations.
Investors who purchased shares of Aterian, Inc. (NASDAQ: MWK) have certain options and for certain investors are short and strict deadlines running. Deadline: July 12, 2021. NASDAQ: MWK investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On May 4, 2021, Culper Research published a report titled "Aterian (ATER): Bought from Felons & Fraudsters, Sold to You," alleging that Aterian has "ties to convicted criminals" and is "promoting what we believe is an overhyped ‘AI’ narrative and a string of garbage acquisitions to mask the failure of its already ill-conceived core business." Culper also alleges that "[o]ver 25% of Aterian shares now belong to two felons and two alleged scam artists, all of whom will be free to dump their stock by August."
Aterian, Inc. (NASDAQ: MWK) declined from $25.70 per share on April 26, 2021, to as low as $14.27 per share on May 6, 2021.
The plaintiff claims that between December 1, 2020 and May 3, 2021, the defendants failed to disclose to investors that the Company’s organic growth is plummeting, that the Company’s recent, self-lauded acquisitions were overpayments for flawed assets from questionable sources, that Aterian’s purported artificial intelligence software is a flawed product that lacks customer interest, that Aterian uses rebate programs and paid or artificial reviews to pump up their product offerings, and that as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Those who purchased shares of Aterian, Inc. (NASDAQ: MWK) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Lawsuit filed for Investors in shares of Aterian, Inc. (NASDAQ: MWK) here
News-ID: 2285667 • Views: …
More Releases from Shareholders Foundation
Lawsuit for Investors in Sonder Holdings Inc. (NASDAQ: SOND) filed in effort to …
An investor, who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND), filed a lawsuit over alleged violations of Federal Securities Laws by Sonder Holdings Inc in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Sonder Holdings Inc. (NASDAQ: SOND) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: SOND investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com…
Lawsuit filed for Investors in Ocugen, Inc. (NASDAQ: OCGN) in effort to recover …
An investor, who purchased shares of Ocugen, Inc. (NASDAQ: OCGN), filed a lawsuit i over alleged violations of Federal Securities Laws by Ocugen, Inc..
Investors who purchased shares of Ocugen, Inc. (NASDAQ: OCGN) have certain options and for certain investors are short and strict deadlines running. Deadline: June 10, 2024. NASDAQ: OCGN investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Malvern, PA based Ocugen, Inc., a…
Investors who lost money with shares of Evolv Technologies Holdings, Inc. (NASDA …
An investor, who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV), filed a lawsuit in the U.S. District Court for the District of Massachusetts over alleged violations of Federal Securities Laws by Evolv Technologies Holdings, Inc. f/k/a NewHold Investment Corp.
Investors who purchased shares of Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) have certain options and for certain investors are short and strict deadlines running. Deadline: May 24, 2024. NASDAQ: EVLV…
Investigation announced for Investors who purchased shares of Comtech Telecommun …
Comtech Telecommunications Corp is under investigation over potential securities laws violations in connection with certain financial statements.
Investors who purchased shares of Comtech Telecommunications Corp. (NASDAQ: CMTL), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Comtech Telecommunications Corp. regarding its business, its prospects and its operations were materially false…
More Releases for Aterian
Investigation announced for Long-Term Investors in shares of Aterian, Inc. (NASD …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of Aterian, Inc..
Investors who are current long term investors in Aterian, Inc. (NASDAQ: MWK) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: MWK stocks follows a lawsuit filed against Aterian, Inc. over…
Deadline on July 12th coming up in Lawsuit for Investors in shares of Aterian, I …
A deadline is coming up on July 12, 2021 in the lawsuit filed for certain investors of Aterian, Inc. (NASDAQ: MWK) over alleged securities laws violations by Aterian, Inc f/k/a Mohawk Group Holdings, Inc.
Investors who purchased shares of Aterian, Inc. (NASDAQ: MWK) have certain options and there are strict and short deadlines running. Deadline: July 12, 2021. NASDAQ: MWK stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858)…
Investigation announced for Investors in shares of Aterian, Inc. (NASDAQ: MWK)
An investigation on behalf of investors of Aterian, Inc. (NASDAQ: MWK) shares over potential securities laws violations by Aterian, Inc. f/k/a Mohawk Group Holdings, Inc. (NASDAQ: ATER, MWK) and certain of its directors and officers in connection with certain financial statements was announced.
Investors who purchased shares of Aterian, Inc. (NASDAQ: MWK), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by…
Heat Treatment Market Global Competitive Analysis and Forecasts till 2023
The report entitled Global Heat Treatment Market: Size, Trends & Forecasts (2019-2023), provides analysis of the global heat treatment market, with detailed analysis of market size and growth, and segmentation of the industry. The analysis includes the market by value, by process, and by application. The report also provides regional value of heat treatment market.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that…
Heat Treatment Market Forecast Analysis 2019-2023: Key Major Players are Bodycot …
The report entitled “Global Heat Treatment Market: Size, Trends & Forecasts (2019-2023)” provides analysis of the global heat treatment market, with detailed analysis of market size and growth, and segmentation of the industry. The analysis includes the market by value, by process, and by application. The report also provides regional value of heat treatment market.
Direct Purchase a Copy of “Global Heat Treatment Market Report” USD $850, spread across 76 pages,…
Metal Finishing Equipment Market Growth Factors, Demand & Supply Chain Analysis …
Market share consolidation by industry participants via mergers and acquisitions across all levels of the value chain is identified as the key trend in the metal finishing equipment market. For instance, in August 2018, a private equity firm Aterian Investment Partners announced the acquisition of Pioneer Metal Finishing LLC, a provider of plating, anodizing, and other value-added surface-treating services.
Request sample copy of report here : https://www.psmarketresearch.com/market-analysis/metal-finishing-equipment-market/report-sample
The market for hybrid…
