Robbins Geller Announces Deadline for SoundHound AI Investors to Join Class Action Lawsuit Over Alleged Financial Misstatements

SAN DIEGO — A class action lawsuit has been opened by Robbins Geller Rudman & Dowd LLP against SoundHound AI, Inc., as announced to investors who acquired the company’s securities between May 10, 2024, and March 3, 2025. The lawsuit, identified as Liles v. SoundHound AI, Inc., No. 25-cv-02915 (N.D. Cal.), asserts that SoundHound and some of its top executives violated the Securities Exchange Act of 1934. Investors who suffered significant losses are encouraged to seek the role of lead plaintiff by May 27, 2025, when the application period closes. Those interested can submit their … Read more

Investors Alert: Class Action Lawsuit Against SoundHound AI Targets Alleged Financial Misconduct; Deadline Approaching

Radnor, Pa. – A class action lawsuit was initiated against SoundHound AI, Inc., a notable Nasdaq-listed company, alleging false and misleading financial information to its investors. Kessler Topaz Meltzer & Check, LLP, the law firm handling the lawsuit, asserts that the accusations pertain to the period between May 10, 2024, and March 3, 2025. During this timeframe, it’s claimed that SoundHound mismanaged its internal controls regarding financial reporting and overstated its remediation capabilities. This has reportedly led to an inflated valuation of goodwill for its recent acquisition and may have jeopardized its ability to timely … Read more