Important Deadline Approaches: Join Class Action Against SoundHound AI, Inc. by May 27, 2025

Protecting Investors' Rights Against SoundHound AI

Shareholders of SoundHound AI, Inc. (NASDAQ: SOUN) are urged to take action as the deadline to join a class action lawsuit approaches. The Gross Law Firm has recently announced the potential for lead plaintiff appointments for those who invested in SoundHound between May 10, 2024, and March 3, 2025. The firm has made it clear that it's not necessary to be appointed lead plaintiff to partake in any recovery related to this case.

Background of the Case

The allegations surrounding SoundHound AI center on potentially misleading statements and undisclosed material weaknesses in the company's internal controls regarding financial reporting. Specifically, the complaint asserts that during the class period, the Defendants failed to adequately disclose that significant deficiencies existed in their ability to account for corporate acquisitions effectively. This oversight potentially inflated the goodwill value reported after the Amelia Acquisition and implied that additional time and expenses would be necessary to accurately account for both the SYNQ3 and Amelia acquisitions.

Consequently, this raised concerns about whether SoundHound could timely file essential financial reports with the Securities and Exchange Commission (SEC), ultimately affecting shareholders' confidence and the company's integrity in financial disclosures.

Why You Should Act Now

The deadline for potential claimants to register for the class action lawsuit is May 27, 2025. Shareholders who purchased SoundHound shares during the specified period should not delay in registering, as this action is crucial for protecting their rights as investors. Those who choose to register will benefit from the monitoring software, keeping them informed about the case’s developments and their role within it.

The Gross Law Firm, a well-regarded class action law firm, emphasizes their mission to protect the rights of investors who have faced losses due to deceptive business practices. Their commitment includes advocating for responsible corporate conduct and seeking recoveries for investors affected by misrepresentations or omissions that have impacted stock values.

Next Steps for Interested Shareholders

For more information on joining the class action or to register your claim, shareholders are encouraged to visit the Gross Law Firm's dedicated page. It’s simple to participate, and there is no cost involved. Registration ensures that you receive all updates and can monitor your participation throughout the lawsuit's lifecycle.

Every investor deserves a chance to stand up against corporate mismanagement and misleading practices. Don't let this opportunity pass by—ensure that your voice is heard and your investments are protected.

For further inquiries, contact The Gross Law Firm at their New York office: