Rosen Law Firm Investigation into SoundHound AI, Inc. Securities Claims

Overview

The Rosen Law Firm, a prominent global law firm specializing in investor rights, is currently conducting an investigation into possible securities claims for shareholders of SoundHound AI, Inc. (NASDAQ: SOUN, SOUNW). This investigation arises after recent allegations that the company may have provided materially misleading information to the investment community regarding its financial status.

Background

On March 4, 2025, SoundHound filed a Notification of Late Filing on Form 12b-25 with the Securities and Exchange Commission (SEC). The notification indicated that SoundHound would not meet the deadline for its 10-K annual report for the fiscal year ending December 31, 2024. The delay was attributed to the complexities involved in accounting for the company's recent acquisitions of Synq3, Inc. and Amelia Holdings, Inc. Moreover, SoundHound disclosed the identification of material weaknesses in its internal control over financial reporting, which have remained unresolved as of the end of December 2024. Consequently, the firm expects to file its 10-K within a 15-day grace period allowed under Rule 12b-25, by March 18, 2025.

Following the news, SoundHound's stock experienced a notable decline, falling by 5.8% on the same day. Such market reactions can significantly impact the financial interests of investors and highlight the importance of investor awareness and protection.

What This Means for Investors

For shareholders who purchased SoundHound securities during this turbulent period, the Rosen Law Firm aims to provide assistance through a contingency fee arrangement, which means no upfront costs for participation in the litigation process. Investors may be entitled to compensation based on the losses incurred from their investments.

To join the potential class action, interested parties can visit the Rosen Law Firm's website at rosenlegal.com or contact Phillip Kim, Esq. at 866-767-3653. Email inquiries are also welcome at [email protected]. This is a crucial opportunity for impacted investors to seek recovery for their losses with no initial financial burden.

Why Choose Rosen Law Firm?

The Rosen Law Firm has a distinguished reputation in securities class action litigation. Historically, it has achieved significant settlements for investors, including a record securities class action settlement against a Chinese company. In 2017, the firm was ranked first by ISS Securities Class Action Services in terms of the number of securities class action settlements. In recent years, Rosen Law Firm has consistently ranked among the top firms in this area, recovering hundreds of millions of dollars for investors. For instance, in 2019, the firm secured over $438 million for its clients, showcasing its capability and commitment to investor rights.

Moreover, the firm’s founding partner, Laurence Rosen, was recognized by Law360 as a Titan of the Plaintiffs' Bar, which further emphasizes the firm’s expertise and credentials. With numerous attorneys acknowledged by Lawdragon and Super Lawyers, Rosen Law Firm assures potential clients of their proficiency in navigating the complexities of securities litigation.

Conclusion

As the situation surrounding SoundHound AI, Inc. develops, it is vital for investors who might be affected by these allegations to stay informed and consider their options. The Rosen Law Firm is here to help navigate this challenging landscape and ensure that investors can pursue justice effectively. Follow their updates on platforms like LinkedIn, Twitter, and Facebook for ongoing information regarding this class action and other similar cases.

Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel (212) 686-1060
Toll Free (866) 767-3653
Email: [email protected]
Website: rosenlegal.com

Disclaimer: Attorney advertising. Prior results do not guarantee similar outcomes. Investing always carries risks, including the risk of loss. Please consult with a financial advisor for tailored advice.