Robbins LLP Alerts Investors About Class Action Lawsuit Against Tempus AI for Misleading Information
Class Action Lawsuit Against Tempus AI, Inc.
On June 13, 2025, Robbins LLP announced a critical alert for investors regarding Tempus AI, Inc. (NASDAQ: TEM), as a class action lawsuit has been filed on behalf of shareholders who purchased or acquired common stock from August 6, 2024, to May 27, 2025. The legal actions stem from serious allegations that Tempus misled investors about its business prospects, particularly in the realm of artificial intelligence-based precision medicine solutions.
Allegations in the Lawsuit
The lawsuit outlines several key allegations against Tempus AI:
1. Inflated Contract Values: The complaint claims that Tempus exaggerated the value of multiple contract agreements, with links to related party transactions and non-binding commitments.
2. Credibility Risks: Concerns have been raised about Tempus’s joint venture with SoftBank, suggesting it appeared to engage in