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SOUN Investors Have Opportunity to Join SoundHound AI, Inc. Fraud Investigation with the Schall Law Firm
SOUNSoundHound AI(SOUN) Prnewswire·2025-03-14 06:37

Core Viewpoint - The Schall Law Firm is investigating claims against SoundHound AI, Inc. for potential violations of securities laws, particularly concerning misleading statements and undisclosed information [1][2]. Group 1: Investigation Details - The investigation centers on whether SoundHound issued false or misleading statements and failed to disclose critical information to investors [2]. - SoundHound filed a Notification of Late Filing on Form 12b-25 with the SEC on March 4, 2025, indicating it could not file its 10-K annual report on time due to accounting complexities [2]. - The company identified material weaknesses in its internal control over financial reporting, which persisted as of December 31, 2024 [2]. Group 2: Company Response - SoundHound expects to file its Form 10-K within the fifteen-day period allowed under Rule 12b-25, no later than March 18, 2025 [2].