{"id":836656,"date":"2025-04-11T12:30:03","date_gmt":"2025-04-11T16:30:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/soundhound-ai-inc-soun-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit\/"},"modified":"2025-04-11T12:30:03","modified_gmt":"2025-04-11T16:30:03","slug":"soundhound-ai-inc-soun-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/soundhound-ai-inc-soun-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit\/","title":{"rendered":"SoundHound AI, Inc. (SOUN) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n Shareholders with losses of $50,000<\/span> or more are encouraged to contact the firm.<\/i>\u00a0<\/b>\n <\/p>\n

\n
\n BENSALEM, Pa.<\/span>
\n <\/span>, April 11, 2025<\/span><\/span> \/PRNewswire\/ — The Law Offices of Howard G. Smith<\/span><\/a> announces that investors with substantial losses have opportunity to lead the securities fraud<\/span> class action lawsuit against SoundHound AI, Inc. (“SoundHound” or the “Company”) (NASDAQ:\u00a0SOUN<\/a>).<\/p>\n

\n IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SOUNDHOUND AI, INC. (SOUN), <\/b>
\n CONTACT THE LAW OFFICES OF HOWARD G. SMITH\u00a0BEFORE MAY 27, 2025<\/span> (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD<\/span> LAWSUIT.<\/b>\n <\/p>\n

Contact the Law Offices of Howard G. Smith<\/span> to discuss your legal rights by email at\u00a0howardsmith@howardsmithlaw.com<\/a>, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com<\/a>.<\/p>\n

\n What Is The Lawsuit About?
<\/b>The complaint filed alleges<\/span> that, between May 10, 2024<\/span> and March 3, 2025<\/span>, Defendants failed to disclose to investors that: (1) the material weaknesses in SoundHound’s internal controls over financial reporting impaired the Company’s ability to effectively account for corporate acquisitions; (2) 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; (3) as a result of the foregoing material weaknesses, SoundHound’s reported goodwill following the Amelia Acquisition was inflated and would need to be corrected; (4) SoundHound would likely require extra time and expense to effectively account for the SYNQ3 and Amelia Acquisitions; (5) the foregoing increased the risk that the Company would be unable to timely file certain financial reports with the SEC; and (6) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and\/or lacked a reasonable basis at all relevant times.<\/p>\n

\n Contact Us To Participate or Learn More: \u00a0
<\/b>If you wish to\u00a0learn more\u00a0about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.<\/span>,
Law Offices of Howard G. Smith<\/span>,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania<\/span> 19020,
Call us at: (215) 638-4847
Email us at: howardsmith@howardsmithlaw.com<\/a>,
Visit our website at: www.howardsmithlaw.com<\/a>.<\/p>\n

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.<\/p>\n

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.<\/p>\n

\n Contact Us:\u00a0
<\/b>Law Offices of Howard G. Smith<\/span>
Howard G. Smith, Esquire<\/span>
215-638-4847
howardsmith@howardsmithlaw.com<\/a>
www.howardsmithlaw.com<\/a><\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/soundhound-ai-inc-soun-investors-who-lost-money-have-opportunity-to-lead-securities-fraud-lawsuit-302426259.html<\/a><\/p>\n

SOURCE Law Offices of Howard G. Smith<\/span><\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire Shareholders with losses of $50,000 or more are encouraged to contact the firm.\u00a0 BENSALEM, Pa. , April 11, 2025 \/PRNewswire\/ — The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against SoundHound AI, Inc. (“SoundHound” or the “Company”) (NASDAQ:\u00a0SOUN). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SOUNDHOUND AI, INC. (SOUN), CONTACT THE LAW OFFICES OF HOWARD G. SMITH\u00a0BEFORE MAY 27, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at\u00a0howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com. What Is … <\/p>\n

Continue reading “SoundHound AI, Inc. (SOUN) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit”<\/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-836656","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSoundHound AI, Inc. 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Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against SoundHound AI, Inc. (“SoundHound” or the “Company”) (NASDAQ:\u00a0SOUN). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SOUNDHOUND AI, INC. (SOUN), CONTACT THE LAW OFFICES OF HOWARD G. SMITH\u00a0BEFORE MAY 27, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT. Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at\u00a0howardsmith@howardsmithlaw.com, by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com. What Is … Continue reading "SoundHound AI, Inc. 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