#United States #New York #Rosen Law Firm #Securities Class Action #SoundHound AI

Rosen Law Firm's Investigation on SoundHound AI, Inc.

The Rosen Law Firm, a well-known player in the field of investor rights, recently announced it is looking into possible securities claims involving SoundHound AI, Inc. This investigation is mainly geared towards shareholders who may have suffered losses due to misleading information provided by the company that has caused fluctuations in its stock value.

Background of the Case

On March 4, 2025, SoundHound AI disclosed that it would be unable to file its annual report (Form 10-K) within the required filing period, as per regulations from the Securities and Exchange Commission (SEC). This notification stated that the firm encountered difficulties related to accounting aspects linked to its previous acquisitions, particularly Synq3, Inc. and Amelia Holdings, Inc. More alarmingly, the company admitted to having identified material weaknesses in its internal control over financial reporting as of December 31, 2024.

In light of this announcement, SoundHound's stock experienced a significant drop of 5.8% on the very day this information was made public, directly impacting the investor confidence and raising eyebrows about the company's potential accountability.

The Role of Rosen Law Firm

Rosen Law Firm aims to represent the interests of affected shareholders by pursuing a class action lawsuit, enabling investors who purchased SoundHound securities to claim compensation for their losses without upfront costs. The firm assures that it operates under a contingency fee arrangement that only requires payment if they successfully recover losses on behalf of investors.

Encouraging potential class members to reach out, the firm has provided a detailed contact procedure. Investors can either visit a specific online form or reach out directly to Phillip Kim, an experienced attorney at Rosen Law, for further inquiries.

Importance of Choosing Qualified Counsel

Rosen Law emphasizes the importance of selecting a law firm with a solid record in handling securities class actions. Distinguishing itself from many other firms that issue similar notices, Rosen Law boasts an impressive number of successful settlements, including the largest securities class action settlement against a Chinese company at the time. The firm has consistently been ranked among the top firms for number of settlements and has successfully recovered hundreds of millions of dollars on behalf of investors over the years.

Staying Updated

Investors are encouraged to remain informed through Rosen Law's social media channels where they post important updates regarding the investigation and related proceedings. Whether on LinkedIn, Twitter, or Facebook, regular updates will help keep shareholders in the loop about their rights and potential developments impacting their investments.

Conclusion

With this investigation into SoundHound AI, Inc., affected investors may finally have a pathway to justice as Rosen Law Firm takes steps to ensure accountability. Given the challenges surrounding public disclosures and their implications on investor confidence, this case may set a significant precedence for how similar cases are approached in the future. Investors are advised to act promptly to join the prospective class action and seek any possible compensatory measures that may arise from the investigation.