Shareholders that lost money on SoundHound AI, Inc.(SOUN) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More

Core Viewpoint - A class action securities lawsuit has been filed against SoundHound AI, Inc. alleging securities fraud that affected investors between May 10, 2024, and March 3, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that SoundHound AI, Inc. made false statements regarding its internal controls over financial reporting, which impaired its ability to account for corporate acquisitions [2]. - It is alleged that the company overstated its remediation efforts concerning material weaknesses in its internal controls [2]. - The reported goodwill following the Amelia Acquisition is claimed to be inflated and in need of correction due to these material weaknesses [2]. - The lawsuit indicates that SoundHound AI, Inc. may require additional time and resources to account for the SYNQ3 and Amelia Acquisitions [2]. - There is an increased risk that the company would be unable to file certain financial reports with the SEC in a timely manner [2]. - The public statements made by the company were materially false and misleading during the relevant time period [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 27, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff to share in any potential recovery [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and has extensive expertise in complex securities litigation [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].