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 and concealed material weaknesses in internal financial controls, particularly related to corporate acquisitions of Amelia and SYNQ3, which potentially inflated reported goodwill and increased risks of delayed SEC financial reporting.
April 01, 2025 | 8:45 pm
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The lawsuit alleges material weaknesses in financial reporting and potential misrepresentations about acquisitions, which could impact investor confidence and the company's financial credibility.
The lawsuit directly targets SoundHound AI, alleging significant financial reporting irregularities that could negatively impact investor trust, stock valuation, and potential financial restatements.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100