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ROSEN, LEADING INVESTOR COUNSEL, Encourages SoundHound AI, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SOUN, SOUNW
SOUNSoundHound AI(SOUN) GlobeNewswire News Room·2025-04-20 20:36

Core Points - Rosen Law Firm is reminding purchasers of SoundHound AI, Inc. securities of the lead plaintiff deadline for a class action lawsuit [1] - Investors who purchased SoundHound securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees [2] - A class action lawsuit has already been filed, and interested parties must act by May 27, 2025, to serve as lead plaintiff [3] Company Details - The lawsuit alleges that SoundHound made false and misleading statements regarding its internal controls over financial reporting, particularly related to corporate acquisitions [5] - Specific claims include that SoundHound overstated its remediation efforts for material weaknesses in its internal controls and inflated reported goodwill following the Amelia Acquisition [5] - The lawsuit suggests that these issues increased the risk of delayed financial report filings with the SEC and that SoundHound's public statements were materially false and misleading [5] Legal Representation - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions [4] - Rosen Law Firm has a history of significant settlements and has been recognized for its success in this area [4]