{"id":831779,"date":"2025-03-31T12:26:15","date_gmt":"2025-03-31T16:26:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/"},"modified":"2025-03-31T12:26:15","modified_gmt":"2025-03-31T16:26:15","slug":"investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/","title":{"rendered":"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of SoundHound AI, Inc. (SOUN) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ATLANTA, March  31, 2025  (GLOBE NEWSWIRE) &#8212; A shareholder class action lawsuit has been filed against SoundHound AI, Inc. (\u201cSoundHound\u201d or \u201cthe Company\u201d) (NASDAQ: SOUN). The lawsuit alleges that Defendants made materially false and\/or misleading statements, and\/or failed to disclose material adverse facts regarding SoundHound\u2019s business, operations, and prospects, including allegations that: (i) the material weaknesses in SoundHound\u2019s internal controls over financial reporting impaired the Company\u2019s ability to effectively account for corporate acquisitions; (ii) in addition, the Company overstated the extent to which it had remediated, and\/or its ability to remediate, the material weaknesses in its internal controls over financial reporting; (iii) as a result of the foregoing material weaknesses, SoundHound\u2019s reported goodwill following the Amelia Acquisition was inflated and would need to be corrected; (iv) further, SoundHound would likely require extra time and expense to effectively account for the SYNQ3 and Amelia Acquisitions; and (v) the foregoing increased the risk that the Company would be unable to timely file certain financial reports with the SEC.\u00a0\u00a0<\/p>\n<p align=\"justify\">If you bought shares of SoundHound between <strong>May 10, 2024 and March 3, 2025<\/strong>, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at\u202f<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=koHJO72gsJT_VlNSnNn6TatEvPOKjHsGGDuLe9D6noywTDijxQ8wW5qLS-7SbXp9RjYuUXgdR2MU8OHxLekdrKSlkE0P3v4BYshD3jQznDY=\" rel=\"nofollow\" target=\"_blank\">cholzer@holzerlaw.com<\/a>, by toll-free telephone at (888) 508-6832 or you may visit the firm\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jWBKBGR7QDIJRFvq39cDNkxunArA8UWYvX5P8iq2ExvMQik0hnmylEza4qpeRN6j_qOPcdv1ggy58T2Y0qsEvE3kE5TttSYPRfxVP33IMfxXx2Y5dnHviCktj9G0WAH7mvIiBdAfUz0121Yf6WdRdA==\" rel=\"nofollow\" target=\"_blank\"><u>www.holzerlaw.com\/case\/soundhound\/<\/u><\/a> to learn more.<\/p>\n<p align=\"justify\">\n        <strong>The deadline to ask the court to be appointed lead plaintiff in the case is May 27, 2025.<\/strong>\n      <\/p>\n<p align=\"justify\">Holzer &amp; Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, and 2023, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer &amp; Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.\u202fMore information about the firm is available through its website,\u202f<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jWBKBGR7QDIJRFvq39cDNmCuqd_qyGUjAW8vi3q1SEd0s0gcLVF-D8arLCGkzMcw9W_Kci_mn6w27F_hCTg0UvIR_qLY9BmkIvV3SqKA4Vc=\" rel=\"nofollow\" target=\"_blank\">www.holzerlaw.com<\/a>,\u202fand upon request from the firm. Holzer &amp; Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.\u202f\u00a0<\/p>\n<p align=\"justify\">CONTACT:<br \/>Corey Holzer, Esq.<br \/>(888) 508-6832 (toll-free) <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=koHJO72gsJT_VlNSnNn6TatEvPOKjHsGGDuLe9D6noziUDWb64yrW8zi-JucDHe1WLcU7U1h7-sBQ6QCYnH1uRbPMGCMhi9ASS0WF0Yx9CI=\" rel=\"nofollow\" target=\"_blank\">cholzer@holzerlaw.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxNDAyOCM2ODQzMTk2IzIxODA3Njc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NGVhOWUzYzUtMGQzMC00YzM4LWE2MWMtYzcyMTU2NmI1NmU5LTExOTIzMzYtMjAyNS0wMy0zMS1lbg==\/tiny\/Holzer-Holzer.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATLANTA, March 31, 2025 (GLOBE NEWSWIRE) &#8212; A shareholder class action lawsuit has been filed against SoundHound AI, Inc. (\u201cSoundHound\u201d or \u201cthe Company\u201d) (NASDAQ: SOUN). The lawsuit alleges that Defendants made materially false and\/or misleading statements, and\/or failed to disclose material adverse facts regarding SoundHound\u2019s business, operations, and prospects, including allegations that: (i) the material weaknesses in SoundHound\u2019s internal controls over financial reporting impaired the Company\u2019s ability to effectively account for corporate acquisitions; (ii) in addition, the Company overstated the extent to which it had remediated, and\/or its ability to remediate, the material weaknesses in its internal controls over financial reporting; (iii) as a result of the foregoing material weaknesses, SoundHound\u2019s reported goodwill following the Amelia Acquisition was inflated and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of SoundHound AI, Inc. (SOUN) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-831779","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of SoundHound AI, Inc. (SOUN) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of SoundHound AI, Inc. (SOUN) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATLANTA, March 31, 2025 (GLOBE NEWSWIRE) &#8212; A shareholder class action lawsuit has been filed against SoundHound AI, Inc. (\u201cSoundHound\u201d or \u201cthe Company\u201d) (NASDAQ: SOUN). The lawsuit alleges that Defendants made materially false and\/or misleading statements, and\/or failed to disclose material adverse facts regarding SoundHound\u2019s business, operations, and prospects, including allegations that: (i) the material weaknesses in SoundHound\u2019s internal controls over financial reporting impaired the Company\u2019s ability to effectively account for corporate acquisitions; (ii) in addition, the Company overstated the extent to which it had remediated, and\/or its ability to remediate, the material weaknesses in its internal controls over financial reporting; (iii) as a result of the foregoing material weaknesses, SoundHound\u2019s reported goodwill following the Amelia Acquisition was inflated and &hellip; Continue reading &quot;INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of SoundHound AI, Inc. (SOUN) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-31T16:26:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxNDAyOCM2ODQzMTk2IzIxODA3Njc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of SoundHound AI, Inc. 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(SOUN) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/","og_locale":"en_US","og_type":"article","og_title":"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of SoundHound AI, Inc. (SOUN) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - Market Newsdesk","og_description":"ATLANTA, March 31, 2025 (GLOBE NEWSWIRE) &#8212; A shareholder class action lawsuit has been filed against SoundHound AI, Inc. (\u201cSoundHound\u201d or \u201cthe Company\u201d) (NASDAQ: SOUN). The lawsuit alleges that Defendants made materially false and\/or misleading statements, and\/or failed to disclose material adverse facts regarding SoundHound\u2019s business, operations, and prospects, including allegations that: (i) the material weaknesses in SoundHound\u2019s internal controls over financial reporting impaired the Company\u2019s ability to effectively account for corporate acquisitions; (ii) in addition, the Company overstated the extent to which it had remediated, and\/or its ability to remediate, the material weaknesses in its internal controls over financial reporting; (iii) as a result of the foregoing material weaknesses, SoundHound\u2019s reported goodwill following the Amelia Acquisition was inflated and &hellip; Continue reading \"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of SoundHound AI, Inc. (SOUN) Investors \u2013 Holzer &amp; Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-31T16:26:15+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQxNDAyOCM2ODQzMTk2IzIxODA3Njc=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investor-alert-class-action-lawsuit-filed-on-behalf-of-soundhound-ai-inc-soun-investors-holzer-holzer-llc-encourages-investors-with-significant-losses-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of SoundHound AI, Inc. 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