North Africa

First Abu Dhabi Bank and State Street Announce Strategic Alliance

Retrieved on: 
Monday, July 12, 2021

First Abu Dhabi Bank PJSC (FAB) and State Street Corporation (NYSE:STT) today announced a new strategic alliance that leverages FABs regional securities services expertise, incorporating the largest direct custody network in the Middle East and North Africa (MENA), and State Streets global strength and capabilities.

Key Points: 
  • First Abu Dhabi Bank PJSC (FAB) and State Street Corporation (NYSE:STT) today announced a new strategic alliance that leverages FABs regional securities services expertise, incorporating the largest direct custody network in the Middle East and North Africa (MENA), and State Streets global strength and capabilities.
  • The alliance between FAB and State Street creates a unique platform, delivering leading capabilities across the entire investment value chain that cater for the characteristics of regional and global investments.
  • Ron OHanley, Chairman and Chief Executive Officer of State Street, commented, This partnership between FAB and State Street presents a unique proposition for MENA investors and those who invest in the region.
  • The Bank has been ranked by Global Finance as the Safest Bank in the UAE and the Middle East, and the 32nd Safest Bank globally.

ATERIAN DEADLINE ALERT: Faruqi & Faruqi LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Aterian To Contact Him Directly To Discuss Their Options

Retrieved on: 
Sunday, June 20, 2021

If you suffered losses exceeding $50,000 investing in Aterian stock or options between December 1, 2020 and May 3, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext.

Key Points: 
  • If you suffered losses exceeding $50,000 investing in Aterian stock or options between December 1, 2020 and May 3, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Delaware, Pennsylvania, California and Georgia.
  • On May 4, 2021, Culper Research published a scathing report entitled: Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Aterians conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

HAGENS BERMAN Encourages Aterian (ATER) Investors with Losses to Contact the Firm Now, Deadline Approaching in Securities Fraud Lawsuit

Retrieved on: 
Thursday, June 17, 2021

SAN FRANCISCO , June 17, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Aterian, Inc. (NASDAQ: ATER) f/k/a Mohawk Group Holdings (MWK) investors with significant losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO , June 17, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges Aterian, Inc. (NASDAQ: ATER) f/k/a Mohawk Group Holdings (MWK) investors with significant losses to submit your losses now .
  • The truth emerged on May 4, 2021, when analyst Culper Research published a scathing report entitled Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.
  • Were focused on investors losses and proving Aterian misled investors about its acquisitions and the AIMEE platform, said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys.

SHAREHOLDER ALERT: Robbins LLP Reminds Shareholders that Aterian, Inc. (ATER), Formerly Mohawk Group Holdings, Inc. (MWK), is Being Sued for Misleading Shareholders

Retrieved on: 
Friday, June 11, 2021

Aterian purports to be a "technology-enabled consumer products platform that builds, acquires and partners with e-commerce brands."

Key Points: 
  • Aterian purports to be a "technology-enabled consumer products platform that builds, acquires and partners with e-commerce brands."
  • This announcement and subsequent statements by Company executives touted the Company's M&A strategy, and growth and earnings potential.
  • On this news, the Company's share price jumped 18% on December 2, 2020, to close at $8.12.
  • On May 4, 2021, analyst Culper Research published a report entitled: "Aterian (ATER): Bought from Felons & Fraudsters, Sold to You."

Aterian Announces Pricing of $40 Million Private Placement

Retrieved on: 
Thursday, June 10, 2021

NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (Aterian or the Company) announced today that it has entered into a securities purchase agreement with several institutional investors for a private placement of the Companys common stock (the Private Placement).

Key Points: 
  • NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- Aterian, Inc. (Nasdaq: ATER) (Aterian or the Company) announced today that it has entered into a securities purchase agreement with several institutional investors for a private placement of the Companys common stock (the Private Placement).
  • The Private Placement is expected to result in gross proceeds to the Company of approximately $40 million before deducting placement agent fees and other transaction-related expenses payable by the Company.
  • The Private Placement is expected to close on or about June 15, 2021, subject to the satisfaction of customary closing conditions.
  • A.G.P./Alliance Global Partners is acting as the sole placement agent for the Private Placement.

ATERIAN DEADLINE ALERT: Faruqi & Faruqi LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Aterian To Contact Him Directly To Discuss Their Options

Retrieved on: 
Wednesday, June 9, 2021

If you suffered losses exceeding $50,000 investing in Aterian stock or options between December 1, 2020 and May 3, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext.

Key Points: 
  • If you suffered losses exceeding $50,000 investing in Aterian stock or options between December 1, 2020 and May 3, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext.
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Delaware, Pennsylvania, California and Georgia.
  • On May 4, 2021, Culper Research published a scathing report entitled: Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Aterians conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Aterian, Inc. - ATER

Retrieved on: 
Tuesday, June 8, 2021

NEW YORK, June 07, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Aterian, Inc. (Aterian or the Company) (NASDAQ:ATER).

Key Points: 
  • NEW YORK, June 07, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Aterian, Inc. (Aterian or the Company) (NASDAQ:ATER).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • On May 4, 2021, Culper Research (Culper) published a short report addressing Aterian, entitled Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Aterian (ATER) Investors to Securities Fraud Lawsuit, Encourages Investors with Losses to Contact the Firm Now

Retrieved on: 
Monday, June 7, 2021

The truth emerged on May 4, 2021, when analyst Culper Research published a scathing report entitled Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.

Key Points: 
  • The truth emerged on May 4, 2021, when analyst Culper Research published a scathing report entitled Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.
  • This news drove the price of Aterian shares crashing sharply lower on May 4, 2021.
  • Were focused on investors losses and proving Aterian misled investors about its acquisitions and the AIMEE platform, said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Aterian, Inc. - ATER

Retrieved on: 
Thursday, June 3, 2021

NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Aterian, Inc. (Aterian or the Company) (NASDAQ:ATER).

Key Points: 
  • NEW YORK, June 02, 2021 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Aterian, Inc. (Aterian or the Company) (NASDAQ:ATER).
  • Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext.
  • On May 4, 2021, Culper Research (Culper) published a short report addressing Aterian, entitled Aterian (ATER): Bought from Felons & Fraudsters, Sold to You.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Aterian Announces Voluntary Lock-up Agreements with CEO, Other Co-Founders & Key Stockholders

Retrieved on: 
Tuesday, June 1, 2021

Aterians Co-Founder and CEO, Yaniv Sarig, agreed to lock up all of the shares that he controls through January 1, 2022.

Key Points: 
  • Aterians Co-Founder and CEO, Yaniv Sarig, agreed to lock up all of the shares that he controls through January 1, 2022.
  • Also included among the Stockholders are the Companys co-founders, Asher Delug and Maximus Yaney (and certain of his affiliates), as well as certain sellers in Aterians recent asset acquisitions, 9830 Macarthur LLC and Healing Solutions LLC.
  • Yaniv Sarig, Co-Founder and CEO of Aterian, commented, The lock-up agreements announced today reflect the continued confidence that I and other large Aterian stockholders have in the long term prospects of the Company.
  • Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct.