SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Aterian, Inc. of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 12, 2021

New York, New York – (Newsfile Corp. – May 31, 2021) – The following statement is made by Levi & Korsinsky, LLP:

To: Any person or entity who purchased or otherwise acquired Aterian, Inc. (“Aterian”) (NASDAQ: ATER) securities between December 1, 2020 and May 3, 2021. You are notified that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York. Further information is available from:

Aterian, Inc. Loss Submission Form

or contact Joseph E. Levi, Esq. either by email at jlevi@levikorsinsky.com or by phone at (212) 363-7500. There are no costs or obligations for you.

Aterian, Inc. NEWS – ATER NEWS

CASE DETAILS: According to the complaint filed: (i) the company’s organic growth is declining; (ii) the company’s most recent self-lauded acquisitions were overpayments for defective assets from questionable sources; (iii) Aterian’s alleged Artificial Intelligence software is a defective product that is lacking in customer interest. (iv) Aterian uses discount programs and paid or artificial reviews to improve its product offering. and (v) as a result, the Company’s public statements at all relevant times have been materially false and misleading.

WHAT THIS MEANS FOR SHAREHOLDERS: If you have suffered a loss at Aterian, you have until July 12, 2021 to request that the court appoint you as the lead plaintiff. Your ability to partake in a recovery does not require you to be the lead plaintiff.

NO CHARGE TO YOU: If you purchased Aterian securities between December 1, 2020 and May 3, 2021, you may be entitled to compensation without paying any out-of-pocket expenses or fees.

PROTECT YOUR FINANCIAL INTERESTS: Complete this short submission form https://www.zlk.com/pslra-1/aterian-inc-loss-submission-form?prid=16372&wire=5 or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.

WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven record of winning hundreds of millions of dollars worth of cases for shareholders over a period of 20 years. We represent and fight for shareholders who have been wronged by companies.

The story goes on

Levi & Korsinsky is a nationally recognized company with offices in New York, California, Connecticut and Washington, DC. The company’s founding partners, Joseph Levi and Eduard Korsinsky, have represented shareholders and institutional clients for nearly 20 years and have achieved remarkable results with clients in the US and internationally. The company with more than 80 employees is committed to promoting, cultivating and preserving a culture of diversity, justice and inclusion for the employees and the employees we represent. Our attorneys have extensive expertise representing investors in securities disputes and have a proven record of recovering hundreds of millions of dollars in cases. Levi & Korsinsky was named the top US securities litigation firm in the SCAS Top 50 report by Institutional Shareholder Services (“ISS”) for 7 years in a row. The SCAS Top 50 Report identifies the top plaintiffs’ securities firms in the country, and year on year ISS has recognized Levi & Korsinsky as one of the leading law firms in the field of class action litigation.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel .: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

The source version of this press release can be found at https://www.newsfilecorp.com/release/85887

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