Gross Law Firm Announces Class Actions on Behalf of ATER, DNMR and ATHA Shareholders

NEW YORK, NY / ACCESSWIRE / July 5, 2021 / The Securities Litigation Law Firm of The Gross Law Firm is issuing the following opinion on behalf of the shareholders of the following publicly traded companies. Shareholders who have purchased shares in the following companies during the dates indicated are encouraged to contact the company regarding a possible principal applicant appointment. Appointment as principal applicant is not necessary to participate in any recovery.

Aterian, Inc. (NASDAQ: ATER)

Investors concerned: December 1, 2020 – May 3, 2021

A class action lawsuit has been initiated on behalf of certain shareholders of Aterian, Inc. The filed complaint alleges that the defendants made materially false and / or misleading statements and / or failed to disclose that: (i) organic growth of the Company is in free fall; (ii) the Company’s recent acquisitions, which it bragged about, were overpayments for defective assets from questionable sources; (iii) Aterian’s alleged artificial intelligence software is a defective product which is of no interest to the customer; (iv) Aterian uses paid or contrived discount programs and reviews to inflate its product offerings; and (v) accordingly, the Company’s public statements were materially false and misleading at all material times.

Shareholders can find more information at https://securitiesclasslaw.com/securities/aterian-inc-loss-submission-form/?id=17392&from=1

Danmer Scientific, Inc. (NYSE: DNMR)

Investors concerned: October 5, 2020 – May 4, 2021

A class action lawsuit has been initiated on behalf of certain shareholders of Danimer Scientific, Inc. The filed complaint alleges that the defendants made materially false and / or misleading statements and / or failed to disclose that: (i) Danimer had controls deficient interns; (ii) as a result, the Company had distorted, among other things, the size of its operations and regulatory compliance; (iii) the defendants overestimated the biodegradability of Nodax, particularly in oceans and landfills; and (iv) accordingly, the Company’s public statements were materially false and misleading at all material times.

Shareholders can find more information at https://securitiesclasslaw.com/securities/danimer-scientific-inc-loss-submission-form/?id=17392&from=1

Athira Pharma, Inc. (NASDAQ: ATHA)

This lawsuit is on behalf of investors who purchased Athira Pharma, Inc. (NASDAQ: ATHA) between September 18, 2020 and June 17, 2021 and / or purchased common stock in or traceable to the Company’s registration statement issued in connection with the month of September of the Company. Initial public offering of 2020 priced at $ 17.00 per share.

A class action lawsuit has been brought on behalf of certain shareholders of Athira Pharma, Inc. The complaint filed alleges that the defendants made materially false and / or misleading statements and / or failed to disclose that: (1) the research conducted by the defendant Kawas, who formed the foundations of the product candidates and Athira’s intellectual property were marred by Kawas’ scientific misconduct, including the manipulation of key data through the modification of Western blot images ; and (2) as a result of the foregoing, the Defendants’ positive statements regarding the business, operations and prospects of the Company were materially misleading and omitted material facts necessary so that the statements made were not misleading.

Shareholders can find more information at https://securitiesclasslaw.com/securities/athira-pharma-inc-loss-submission-form/?id=17392&from=1

The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The company seeks redress on behalf of investors who have suffered losses when false and / or misleading statements or the omission of material information by a company lead to artificial inflation of the company’s shares. Lawyer advertising. Past results do not guarantee similar results.

CONTACT:
The gross law firm
15 West 38th Street, 12th Floor
New York, New York State, 10018
Email: [email protected]
Telephone: (212) 537-9430
Fax: (833) 862-7770

SOURCE: The gross law firm

See the source version on accesswire.com:
https://www.accesswire.com/654253/The-Gross-Law-Firm-Announces-Class-Actions-on-Behalf-of-Shareholders-of-ATER-DNMR-and-ATHA


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