Levi & Korsinsky Reminds SoundHound AI, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 27, 2025 - SOUN
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Law firm Levi & Korsinsky has filed a class action securities lawsuit against SoundHound AI, Inc. alleging securities fraud between May 10, 2024 and March 3, 2025. The lawsuit claims the company made false statements about internal financial controls, particularly related to corporate acquisitions of Amelia and SYNQ3, and potentially overstated goodwill reporting.
April 01, 2025 | 4:45 pm
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Class action lawsuit challenges SoundHound AI's financial reporting integrity, focusing on internal control weaknesses and potential goodwill inflation following recent acquisitions.
The lawsuit directly alleges serious financial reporting irregularities that could damage investor confidence, potentially leading to stock price decline and regulatory scrutiny.
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