ATERIAN ALERT: Bragar Eagel & Squire, P.C. is Investigating Aterian, Inc. on Behalf of Aterian Stockholders and Encourages Investors to Contact the Firm
NEW YORK–(BUSINESS WIRE)–Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Aterian, Inc. (NASDAQ: ATER) on behalf of Aterian stockholders. Our investigation concerns whether Aterian has violated the federal securities laws and/or engaged in other unlawful business practices.
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On May 4, 2021, Culper Research (“Culper”) published a short report addressing Aterian, entitled “Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.” The Culper report described Aterian as having “ties to convicted criminals” and “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.” The Culper report asserted that “[o]ver 25% of Aterian shares now…