SoundHound AI, Inc. Class Action: 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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A class action 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 about internal financial controls, particularly related to corporate acquisitions of Amelia and SYNQ3, and potentially overstated goodwill reporting.
April 01, 2025 | 8:45 pm
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The lawsuit alleges material weaknesses in financial reporting and potential misrepresentations about acquisitions and internal controls, which could negatively impact investor confidence.
The class action lawsuit directly targets SoundHound AI's financial reporting practices, alleging significant internal control weaknesses that could undermine investor trust and potentially lead to financial restatements.
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