SOUN Shareholder Reminder: Kessler Topaz Meltzer & Check, LLP Reminds SoundHound AI, Inc. (SOUN) Shareholders of Deadline in Securities Fraud Class Action Lawsuit
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A securities class action lawsuit has been filed against SoundHound AI, Inc. (SOUN) alleging false and misleading statements regarding internal financial controls, goodwill reporting, and potential SEC filing delays. The lawsuit covers the period from May 10, 2024, to March 3, 2025, with a lead plaintiff deadline of May 27, 2025.
April 18, 2025 | 4:30 pm
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Lawsuit alleges significant internal control weaknesses in financial reporting, potentially impacting investor confidence and stock valuation.
The lawsuit directly challenges SoundHound AI's financial reporting integrity, specifically targeting alleged misrepresentations about internal controls, goodwill accounting, and potential SEC filing delays. Such legal actions typically create negative market sentiment and investor uncertainty.
CONFIDENCE 85
IMPORTANCE 90
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