Shareholders that lost money on SoundHound AI, Inc.(SOUN) should contact The Gross Law Firm about pending Class Action - SOUN

Core Viewpoint - The Gross Law Firm is notifying shareholders of SoundHound AI, Inc. regarding a class action lawsuit due to alleged misleading statements and material weaknesses in financial reporting during a specified class period [1][2]. Group 1: Allegations - The complaint alleges that SoundHound's internal controls over financial reporting had material weaknesses that impaired its ability to account for corporate acquisitions [2] - It is claimed that the company overstated its remediation efforts regarding these weaknesses, leading to inflated reported goodwill following the Amelia Acquisition [2] - The allegations suggest that SoundHound may require additional time and resources to account for the SYNQ3 and Amelia Acquisitions, increasing the risk of delayed financial report filings with the SEC [2] Group 2: Class Action Details - The class period for the lawsuit is defined as May 10, 2024, to March 3, 2025, with a deadline for shareholders to register by May 27, 2025 [2][3] - Shareholders who register will be enrolled in a portfolio monitoring system to receive updates on the case [3] - There is no cost or obligation for shareholders to participate in the case [3] Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [4] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [4]