SOUN INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that SoundHound AI, Inc. Investors with Substantial Losses Have Opportunity to Lead the SoundHound Class Action Lawsuit
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SoundHound AI (SOUN) is facing a class action lawsuit alleging material weaknesses in internal financial controls, particularly related to accounting for recent acquisitions of SYNQ3 and Amelia Holdings. The lawsuit claims the company made false or misleading statements about its financial reporting capabilities, which was highlighted when SOUN announced it could not timely file its 2024 annual report.
March 31, 2025 | 11:45 pm
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Lawsuit alleges material weaknesses in financial controls, potentially impacting investor confidence and financial reporting credibility.
The lawsuit directly targets SOUN, alleging significant financial reporting issues that could undermine investor trust and potentially lead to financial restatements or penalties.
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