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Wolf Haldenstein Adler Freeman & Herz LLP Reminds Investors that a Class Action was Filed Against SoundHound AI, Inc.
GlobeNewswire News Room· 2025-04-17 12:55
NEW YORK, April 17, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP, a distinguished law firm, announces that a class action lawsuit has been filed against SoundHound AI, Inc. ("SoundHound" or the "Company")(NASDAQ: SOUN) and certain officers on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired SoundHound securities between May 10, 2024 and March 3, 2025, both dates inclusive (the "Class Period"). If you are an investor who ...
Class Action Reminder for SOUN Investors: Kessler Topaz Meltzer & Check, LLP Reminds SoundHound AI, Inc. (SOUN) Investors of Securities Fraud Class Action Lawsuit
GlobeNewswire News Room· 2025-04-16 15:40
RADNOR, Pa., April 16, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against SoundHound AI, Inc. (“SoundHound”) (NASDAQ: SOUN) on behalf of those who purchased or otherwise acquired SoundHound securities between May 10, 2024, and March 3, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is May 27, 202 ...
ROSEN, SKILLED INVESTOR COUNSEL, Encourages SoundHound AI, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SOUN, SOUNW
GlobeNewswire News Room· 2025-04-14 19:12
NEW YORK, April 14, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of SoundHound AI, Inc. (NASDAQ: SOUN, SOUNW) between May 10, 2024 and March 3, 2025, both dates inclusive (the “Class Period”), of the important May 27, 2025 lead plaintiff deadline. SO WHAT: If you purchased SoundHound securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangeme ...
SOUN INVESTOR ALERT: SoundHound AI, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-04-14 13:28
SAN DIEGO, April 14, 2025 /PRNewswire/ -- 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, all dates 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 top ex ...
1 Reason SoundHound AI Could Be the Next Nvidia
The Motley Fool· 2025-04-14 10:45
Growth investors are racing to find the next Nvidia. Since 1999, its shares have risen by more than 253,000%. A relatively small investment would have turned into millions of dollars over that time frame.While there are some distinct differences, SoundHound AI (SOUN 0.73%) has one major similarity to Nvidia. The latter's rise, especially in recent years, is fueled by the rise of artificial intelligence (AI). Based on this, SoundHound investors have a front row seat to future growth.Investment in AI has gone ...
SOUN Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds SoundHound AI, Inc. (SOUN) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed
Prnewswire· 2025-04-14 01:05
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][2]. Summary by Relevant Sections Allegations Against SoundHound - The lawsuit claims that SoundHound had material weaknesses in its internal controls over financial reporting, which impaired its ability to account for corporate acquisitions [2]. - It is alleged that SoundHound overstated its remediation efforts regarding these internal control weaknesses [2]. - The reported goodwill from the acquisition of Amelia Holdings, Inc. in August 2024 was inflated and would require correction due to these weaknesses [2]. - SoundHound is expected to incur additional time and costs to properly account for the acquisitions of Amelia Holdings, Inc. and SYNQ3 [2]. - The issues raised increased the risk of SoundHound failing to file certain financial reports with the SEC in a timely manner [2]. - Overall, the public statements made by SoundHound were claimed to be materially false and misleading throughout the relevant period [2]. Lead Plaintiff Process - Investors in SoundHound have until May 27, 2025, to seek appointment as a lead plaintiff representative in the class action [3]. - A lead plaintiff acts on behalf of all class members and typically has the largest financial interest in the case [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the class action and has a reputation for prosecuting class actions and recovering significant amounts for victims of corporate misconduct [4].
SOUN Investors Have the Opportunity to Lead the SoundHound AI Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
GlobeNewswire News Room· 2025-04-13 13:05
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 ...
Kessler Topaz Meltzer & Check, LLP Reminds SoundHound AI, Inc. Investors of Important Deadline in Securities Fraud Class Action Lawsuit
GlobeNewswire News Room· 2025-04-12 19:53
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].
SOUN INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that SoundHound AI, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
GlobeNewswire News Room· 2025-04-12 02:15
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].
SoundHound AI, Inc. (SOUN) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-04-11 16:00
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 ...