Important Information for SoundHound AI, Inc. Securities Holders
Rosen Law Firm, a leading global investor rights law firm, is reminding purchasers of SoundHound AI, Inc. (NASDAQ: SOUN, SOUNW) securities between May 10, 2024, and March 3, 2025 (the “Class Period”), of the significant lead plaintiff deadline in the securities class action. This deadline is approaching, and if you purchased SoundHound securities during this period, you may be entitled to compensation without any out-of-pocket fees or costs through a contingency fee arrangement.
What is a Securities Class Action?
A securities class action is a type of lawsuit that allows a large group of investors to collectively sue a company and its officers or directors for securities fraud. The plaintiffs allege that the defendants made false or misleading statements or failed to disclose material information, thereby artificially inflating the stock price and causing investors to suffer losses.
Why is Rosen Law Firm Filing a Lawsuit Against SoundHound?
Rosen Law Firm believes that SoundHound may have violated the federal securities laws. Specifically, the complaint alleges that the company and certain of its executives made false and/or misleading statements and/or failed to disclose material information during the Class Period. These statements were alleged to have artificially inflated the stock price, causing investors harm.
How Does This Affect Me?
If you purchased SoundHound securities during the Class Period and suffered losses, you may be entitled to compensation. The lead plaintiff deadline is May 27, 2025, and if you wish to act as a lead plaintiff, you must contact Rosen Law Firm before this deadline. If you do not wish to serve as a lead plaintiff, you can still join the class action.
How Does This Affect the World?
The securities class action against SoundHound is significant because it highlights the importance of transparency and accuracy in corporate communications. When companies and their executives make false or misleading statements, it can have far-reaching consequences, including damage to the company’s reputation, loss of investor confidence, and financial losses for investors. By filing this lawsuit, Rosen Law Firm is seeking to hold SoundHound and its executives accountable for their actions and to recover losses for affected investors.
Conclusion
If you purchased SoundHound securities between May 10, 2024, and March 3, 2025, and suffered losses, you may be entitled to compensation. The lead plaintiff deadline is May 27, 2025, so it is essential to act quickly if you wish to participate in the class action. Contact Rosen Law Firm today to learn more about your options and to protect your investment.
- Rosen Law Firm is filing a securities class action against SoundHound AI, Inc.
- The lawsuit alleges that SoundHound and certain executives made false or misleading statements during the Class Period.
- If you purchased SoundHound securities during the Class Period and suffered losses, you may be entitled to compensation.
- The lead plaintiff deadline is May 27, 2025.
- Contact Rosen Law Firm to learn more about your options and to protect your investment.
