Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In SoundHound AI To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in SoundHound AI between May 10, 2024 and March 3, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, April 13, 202 ...

Core Viewpoint - A securities class action lawsuit has been filed against SoundHound AI, Inc. for allegedly making false and misleading statements regarding its financial reporting and internal controls during the Class Period from May 10, 2024, to March 3, 2025 [1]. Group 1: Allegations Against SoundHound - The complaint claims that SoundHound had material weaknesses in its internal controls over financial reporting, which affected its ability to account for corporate acquisitions [3]. - It is alleged that SoundHound overstated its remediation efforts regarding these internal control weaknesses [3]. - The reported goodwill from the acquisition of Amelia Holdings, Inc. in August 2024 was inflated and would require correction due to these weaknesses [3]. - SoundHound is expected to incur additional time and costs to properly account for the acquisitions of Amelia Holdings, Inc. and SYNQ3 [3]. - The issues raised increased the risk of SoundHound failing to file certain financial reports with the SEC in a timely manner [3]. - Consequently, SoundHound's public statements were deemed materially false and misleading throughout the relevant period [3]. Group 2: Legal Process and Participation - Investors in SoundHound have until May 27, 2025, to seek appointment as a lead plaintiff representative in the class action [4]. - A lead plaintiff acts on behalf of all class members and is typically the investor or group of investors with the largest financial interest [4]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [4].

Core Viewpoint - The SoundHound AI, Inc. is facing a class action lawsuit for alleged violations of the Securities Exchange Act of 1934, with claims related to misleading statements and internal control weaknesses during the specified class period [1][3]. Group 1: Class Action Details - The class action lawsuit is titled Liles v. SoundHound AI, Inc., and it allows purchasers of SoundHound securities from May 10, 2024, to March 3, 2025, to seek lead plaintiff status by May 27, 2025 [1][5]. - The lawsuit alleges that SoundHound's executives made false statements regarding the company's internal controls and financial reporting, particularly concerning acquisitions [3][4]. Group 2: Allegations Against SoundHound - Specific allegations include that SoundHound had material weaknesses in its internal controls, which affected its ability to account for acquisitions, leading to inflated goodwill reported after acquiring Amelia Holdings, Inc. [3][4]. - The company disclosed on March 4, 2025, that it would be unable to timely file its annual report for 2024 due to complexities in accounting for acquisitions, resulting in a nearly 6% drop in stock price [4]. Group 3: Legal Process and Firm Background - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased SoundHound securities during the class period to seek lead plaintiff status, which enables them to direct the lawsuit on behalf of the class [5]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the plaintiffs, is noted for its significant recoveries in securities-related class action cases, having recovered over $2.5 billion for investors in 2024 alone [6].

Shareholders with losses of $50,000 or more are encouraged to contact the firm. BENSALEM, Pa., April 11, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against SoundHound AI, Inc. ("SoundHound" or the "Company") (NASDAQ: SOUN).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SOUNDHOUND AI, INC. (SOUN), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE MAY 27, 2025 (LEAD PLAINTIFF DEADLIN ...

SoundHound AI (SOUN -7.53%) was a massive winner in 2024. But it has been one of the biggest losers of 2025, with the stock now down around 70% from its all-time high established in late December. The stock used to trade for slightly more than $24 but now can be purchased for around $7 at the time of this writing.SoundHound AI has a long way to go before returning its stock to all-time highs, but could it get back there over time? Let's take a look.SoundHound has been sold off alongside its AI peersSoundHou ...

NEW YORK, April 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in SoundHound AI, Inc. ("SoundHound AI, Inc." or the "Company") (NASDAQ: SOUN) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of SoundHound AI, Inc. investors who were adversely affected by alleged securities fraud between May 10, 2024 and March 3, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/soundhound ...

SAN DIEGO, April 10, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of SoundHound AI, Inc. (NASDAQ: SOUN) securities between May 10, 2024 and March 3, 2025, inclusive (the "Class Period"), have until May 27, 2025 to seek appointment as lead plaintiff of the SoundHound class action lawsuit.  Captioned Liles v. SoundHound AI, Inc., No. 25-cv-02915 (N.D. Cal.), the SoundHound class action lawsuit charges SoundHound as well as certain of SoundHound's ...

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of SoundHound AI, Inc. regarding a class action lawsuit due to alleged misleading statements and material weaknesses in financial reporting controls [1][2]. Group 1: Allegations - The complaint alleges that during the class period from May 10, 2024, to March 3, 2025, SoundHound AI made materially false and misleading statements [2]. - Specific allegations include that the company had material weaknesses in internal controls over financial reporting, which impaired its ability to account for corporate acquisitions [2]. - It is claimed that SoundHound overstated its remediation efforts regarding these weaknesses, leading to inflated reported goodwill following the Amelia Acquisition [2]. - The company is also alleged to require additional time and resources to account for the SYNQ3 and Amelia Acquisitions, increasing the risk of delayed financial report filings with the SEC [2]. Group 2: Class Action Details - The deadline for shareholders to register for the class action is May 27, 2025, and they are encouraged to register promptly [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. - There is no cost or obligation for shareholders to participate in this case [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered losses due to deceit, fraud, and illegal business practices [4]. - The firm is committed to ensuring companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that artificially inflated stock prices [4].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In SoundHound AI To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in SoundHound AI between May 10, 2024 and March 3, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) -- ...

Core Viewpoint - A securities class action lawsuit has been filed against SoundHound AI, Inc. for allegedly making false and misleading statements regarding its financial reporting and internal controls during the Class Period from May 10, 2024, to March 3, 2025 [1]. Group 1: Allegations Against SoundHound - The complaint claims that SoundHound had material weaknesses in its internal controls over financial reporting, which affected its ability to account for corporate acquisitions [3]. - It is alleged that SoundHound overstated its remediation efforts regarding these internal control weaknesses [3]. - The reported goodwill from the acquisition of Amelia Holdings, Inc. in August 2024 was inflated and would require correction due to these weaknesses [3]. - SoundHound is expected to incur additional time and costs to properly account for its acquisitions, including Amelia Holdings, Inc. and SYNQ3 [3]. - The allegations suggest an increased risk of SoundHound failing to file certain financial reports with the SEC in a timely manner [3]. - Overall, the public statements made by SoundHound during the Class Period are claimed to be materially false and misleading [3]. Group 2: Legal Process and Participation - Investors in SoundHound have until May 27, 2025, to seek appointment as a lead plaintiff in the class action lawsuit [4]. - A lead plaintiff represents the interests of all class members and typically has the largest financial stake in the case [4]. - Investors can choose to participate actively or remain as absent class members without affecting their ability to share in any recovery [4].