"overstated as" is a correct and usable phrase in written English.
It is typically used to compare or contrast something with an exaggerated or exaggeratedly positive statement. Example: "While many may see him as a hero, his accomplishments are often overstated as he has made numerous mistakes throughout his career."
The creative side of tattooing is often overstated as well.
Seward family members said that the museum's financial uncertainties have been overstated, as have the potential risks from water damage or other threats.
[C4.] Accounting Problems at Mirant Mirant, the energy trader, said that it might have overstated as much as $253 million in assets and liabilities last year.
The Mirant Corporation, the energy trader, reported a second-quarter loss today and said that it might have overstated as much as $253 million in assets and liabilities last year.
Saskia Walzel, senior policy advocate at Consumer Focus, says that the extent of copyright infringement online can be overstated, as is the notion that a hippyish commitment to an unregulated internet drives behaviour.
Carver: I have to agree with Bob that the fear is overstated as is the market reaction.
The S.E.C. says the fudges caused quarterly profits of the G.E. Transportation Systems business to be overstated by as much as 40percentt.
A study by Shigenori Shiratsuka, an economist at the Bank of Japan, estimates that the inflation rate may be overstated by as much as two percentage points.
On the calculations of John Williams of Shadowstats.com, a Web site that tracks flaws in United States economic data, America's growth in recent decades has been overstated by as much as 2 percentage points a year.
The swap of long-term power contracts helped assuage El Paso's auditor, PricewaterhouseCoopers, which had suggested a possible restatement after finding that the company's first-quarter profit had been overstated by as much as $100 million.
One of the region's business leaders, however, said that the impact of the cutbacks might be overstated because as many as 40percentt of those who have been laid off have found new jobs in the industry.
