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

Rosen Law Firm Investigates SoundHound AI, Inc.'s Securities Claims

On March 12, 2025, the Rosen Law Firm, a globally recognized advocate for investor rights, announced its investigation into potential securities claims involving shareholders of SoundHound AI, Inc. (NASDAQ: SOUN, SOUNW). This investigation arises from allegations suggesting that SoundHound may have presented misleading business information to the public consciousness, impacting investor decisions and share values.

Why the Investigation?

In a recent disclosure, SoundHound filed a Notification of Late Filing on Form 12b-25 with the Securities and Exchange Commission (SEC). This notification indicated that the firm would be unable to submit its annual report (10-K) for the fiscal year ending December 31, 2024, by the required deadline. The late filing was attributed to complexities in accounting for previous acquisitions, specifically those involving Synq3, Inc. and Amelia Holdings, Inc.

The notification also revealed existing material weaknesses in the company's internal controls over its financial reporting, which continue to persist as of the end of 2024. SoundHound stated it plans to file within a 15-day grace period allotted under Rule 12b-25, targeting a completion date of March 18, 2025. Following this news, the stock price of SoundHound experienced a significant drop of 5.8% on March 4, 2025.

What Should Investors Do?

For those who invested in SoundHound securities, there may be an opportunity to seek compensation without upfront fees or costs, depending on the outcomes of the class action that the Rosen Law Firm is preparing. Interested investors are encouraged to visit their official website or contact attorney Phillip Kim, Esq. at 866-767-3653 or via email at [email protected] to gather more details about how to join this potential class action lawsuit.

Trust in Experience

The Rosen Law Firm emphasizes the importance of selecting experienced legal counsel. They possess a strong record in leading significant cases and have recovered hundreds of millions of dollars for investors. The firm had previously achieved one of the largest securities class action settlements against a Chinese firm and has consistently ranked high in settlement amounts over the years.

In 2019, for example, the firm secured over $438 million for investors. Their founding partner, Laurence Rosen, was recognized by Law360 as a Titan of the Plaintiffs' Bar.

In conclusion, the firm urges investors to understand their rights and take necessary actions to protect their financial interests amidst the ongoing investigation into SoundHound AI, Inc. Stay updated with the Rosen Law Firm on platforms like LinkedIn, Twitter, and Facebook.

Final Thoughts

As investigations like this unfold, it's crucial for investors of all types to be informed and equipped with the right legal support to navigate complex securities claims. For those affected by the scenarios mentioned, now is a vital time to engage with legal expertise to assess any potential standing in this matter, as well as to ensure that their rights as shareholders are upheld. The Rosen Law Firm continues to advocate for justice on behalf of investors globally.