Levi & Korsinsky Investigates SoundHound AI, Inc. for Potential Securities Law Violations
New York, NY – March 16, 2025
Levi & Korsinsky, a leading securities law firm, notifies investors that it has commenced an investigation of SoundHound AI, Inc. (“SoundHound AI” or the “Company”) (NASDAQ: SOUN) concerning potential securities laws violations. The investigation follows the Company’s filing of a Notification of Late Filing (Form 12b-25) with the Securities and Exchange Commission (“SEC”) regarding its Annual Report on Form 10-K for the fiscal year ended December 31, 2024.
About the Investigation
Levi & Korsinsky is investigating whether SoundHound AI and certain of its officers or directors may have violated the Securities Exchange Act of 1934. Specifically, the investigation concerns whether the Company and its executives violated federal securities laws by making materially false and/or misleading statements and/or failing to disclose material information to investors. The investigation focuses on whether the Company’s financial statements and public disclosures were accurate and complete.
Background
SoundHound AI is a leading innovator in voice-enabled AI and machine learning technologies, with a focus on creating intelligent, conversational interfaces that enable humans and computers to communicate more naturally and effectively. The Company’s flagship product, Hound, is a virtual voice assistant that uses deep learning neural networks and artificial intelligence to understand human speech and respond appropriately. SoundHound AI’s technology is used in various applications, including music discovery, home automation, and voice commerce.
Implications for Investors
If the investigation uncovers any wrongdoing, SoundHound AI investors may be entitled to compensation. Investors who purchased SoundHound AI securities between certain dates and suffered losses as a result may be able to recover their losses. Levi & Korsinsky encourages investors to contact the firm to discuss their potential eligibility to recover damages.
Implications for the World
The investigation of SoundHound AI raises concerns for investors and stakeholders in the tech industry. The technology sector has seen a surge in IPOs and investment activity in recent years, with many companies focusing on AI and machine learning technologies. The investigation highlights the importance of accurate financial reporting and disclosures in the tech industry, as well as the need for transparency and accountability from publicly traded companies.
Conclusion
Levi & Korsinsky’s investigation of SoundHound AI underscores the importance of accurate financial reporting and disclosures in the tech industry. The investigation also serves as a reminder for investors to be vigilant and to seek professional advice if they believe they have suffered losses due to potential securities law violations. Levi & Korsinsky will continue to closely monitor the situation and provide updates as more information becomes available.
- Levi & Korsinsky commences investigation of SoundHound AI, Inc.
- Investigation concerns potential securities laws violations.
- Investors who purchased SoundHound AI securities may be entitled to compensation.
- Implications for investors and the tech industry.
- Levi & Korsinsky to provide updates as more information becomes available.
