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  1. The complaint alleges that throughout the class period defendants made false and/or misleading statements and/or failed to disclose that: (1) Aterian’s organic growth is plummeting; (2) Aterian’s recent, self-lauded acquisitions were overpayments for flawed assets from questionable sources; (3) Aterian’s purported artificial intelligence ...

  2. 25 Αυγ 2023 · Aterian agreed to pay $800,000 to resolve a class action lawsuit claiming Mueller kitchen products are falsely advertised as made in Austria, and no proof of purchase is required for consumers to benefit from the settlement.

  3. • The Settlement resolves a lawsuit alleging that during the Class Period, Defendant falsely and deceptively labeled and advertised the Covered Products with an image of the Austrian flag and the name “Austria” (together, the “Austrian Representations”), which led reasonable consumers into

  4. 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.”

  5. misrepresenting and/or omitting material facts regarding Aterian’s proprietary, robust artificial intelligence platform, AIMEE. The complaint alleges that the misstatements or omissions artificially inflated the price of Aterian securities, and that the Company’s stock price dropped in

  6. Investigation in connection with Aterian’s (formerly Mohawk Group Holdings, Inc.) recent acquisitions, ‘AIMEE’ platform and allegations of ties to “convicted criminals.” This post is open for investors to gather facts, and findings and track their exposure to related lawsuits.

  7. The lawsuit claims that Aterian violated, among others, the California Consumers Legal Remedies Act, California’s False Advertising Law, and California’s Unfair Competition Law; that Aterian breached express and implied warranties; that Aterian committed fraud and made negligent and intentional misrepresentations; and that Aterian was ...

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