Investors in SoundHound AI, Inc. Should Contact Levi & Korsinsky Before May 27, 2025 to Discuss Your Rights - SOUN
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A class action securities lawsuit has been filed against SoundHound AI, Inc. alleging securities fraud between May 10, 2024 and March 3, 2025. The lawsuit claims the company made false statements and concealed material weaknesses in internal financial controls, particularly related to corporate acquisitions of Amelia and SYNQ3, potentially overstating goodwill and risking delayed SEC financial reporting.
March 31, 2025 | 11:15 pm
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The lawsuit alleges significant internal control and financial reporting issues that could impact investor confidence and potentially lead to financial restatements.
The lawsuit directly targets SoundHound AI, alleging serious financial reporting irregularities that could negatively impact investor trust, potentially leading to stock price decline.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100