Pomerantz LLP and Bronstein, Gewirtz & Grossman filed a securities class action Thursday in New York Southern District Court against e-commerce services firm Aterian Inc. and its top executives. The complaint accuses Aterian of misleading investors by overhyping its AI capabilities and brand acquisitions. Counsel have not yet appeared for the defendants. The case is 1:21-cv-05163, Coon v. Aterian, Inc. et al.
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