Important Shareholder Alert on Tempus AI Class Action Lawsuit
The legal landscape surrounding
Tempus AI, Inc. is heating up as Kahn Swick & Foti, LLC, led by former Louisiana Attorney General Charles C. Foti, Jr., alerts investors to act swiftly regarding a class action lawsuit against the company. If you have suffered losses exceeding
$100,000 due to your Tempus AI investments, this is a crucial time to be informed and take necessary actions.
Key Deadlines and Actions Required
Investors are reminded that the deadline to file lead plaintiff applications is
August 12, 2025. This lawsuit pertains to shareholders who acquired shares of Tempus AI within the time frame from
August 6, 2024 to May 27, 2025. If you fall within this category and wish to recover your economic losses, it's imperative you secure your rights by contacting KSF.
Kahn Swick & Foti provides free consultations, allowing investors to discuss their legal rights. To speak with Managing Partner Lewis Kahn, you can reach out via:
Or, for additional information, visit [KSF's website.
Background of the Lawsuit
The crux of the allegations against Tempus and its executives involves a systematic failure to disclose crucial information during the defined class period, which constitutes a violation of federal securities laws. Reports from Spruce Point Capital Management shed light on various issues tied to the company's management practices. Key allegations include:
- - Claims that CEO Eric Lefkofsky and associates have a history of cashing out before shareholder losses become evident.
- - Overstatements regarding the AI capabilities of Tempus.
- - Historical connections of board members with companies characterized by dubious financial results, prompting questions about the integrity of reporting practices.
- - Evidence of aggressive accounting techniques and concerning financial reporting patterns.
- - Recent controversies related to the AstraZeneca and Pathos AI partnership.
- - Recent financial guidance adjustments raising red flags about core operational weaknesses.
Following these revelations, on
May 28, 2025, Tempus AI’s stock plummeted by
$12.67, reflecting a staggering
19.23% drop from previous closing rates. The closing price nosedived from
$65.87 to
$53.20, a stark indicator of investor distress.
About Kahn Swick & Foti LLC
Kahn Swick & Foti, known for being one of the foremost boutique securities litigation firms in the country, has a strong reputation for advocating on behalf of both retail and institutional investors. Partnering with former Louisiana Attorney General Charles C. Foti, Jr., KSF has gained solid footing in the industry, particularly recognized for its results in facilitating recoveries for investment losses arising from corporate fraud and malfeasance.
In the past year, KSF’s performance in terms of total settlement value evidently secured its place among the top 10 law firms nationally, as reported by SCAS. Investors looking to grasp further insights into KSF's services can check their official website at
www.ksfcounsel.com.
Final Remarks
For those who have suffered significant losses related to Tempus AI, the urgency to act cannot be understated. With a clear deadline for lead plaintiff applications and the potential for substantial recovery on the horizon, now is a pivotal moment to protect your investments. Ensure you stay informed and act before the August deadline to preserve your rights entirely.