This event is archived. Final snapshot from when the story concluded. View on Dashboard
Events / Business / SoundHound AI Class Action Lawsuit
Business class action

SoundHound AI Class Action Lawsuit

Analysis based on 8 articles · First reported Apr 03, 2025 · Last updated Apr 18, 2025

Sentiment
-40
Attention
3
Articles
8
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The class action lawsuit against SoundHound AI for alleged false and misleading statements regarding its financial controls and acquisitions is likely to negatively impact SoundHound AI's stock price and investor confidence. Investors who purchased SoundHound AI securities during the Class Period may be entitled to compensation.

Technology Legal Services
Event Summary

Rosen Law Firm has filed a class action lawsuit against SoundHound AI, Inc. on behalf of investors who purchased its securities between May 10, 2024, and March 3, 2025. The lawsuit alleges that SoundHound AI made false and misleading statements and failed to disclose material weaknesses in its internal controls over financial reporting. Specifically, the company is accused of impairing its ability to account for corporate acquisitions, overstating its remediation efforts, inflating reported goodwill after the Amelia Acquisition, and facing increased risk of being unable to timely file financial reports with the United States — United States Securities and Exchange Commission. Investors are encouraged to secure counsel before the May 27, 2025, lead plaintiff deadline.

Key Actions
100 Rosen Law Firm filed class action SoundHound AI
Entities Involved
stock
SoundHound AI
SoundHound AI is the defendant in a class action lawsuit, accused of making false and misleading statements regarding its internal controls and corporate acquisitions, which could lead to significant financial and reputational damage.
Importance 100.0 Sentiment -50.0
priv
Rosen Law Firm
Rosen Law Firm is initiating and representing investors in a class action lawsuit against SoundHound AI, Inc. for alleged misleading statements.
Importance 90.0 Sentiment 60.0
per
Lawrence Rosen
Lawrence Rosen, founding partner of Rosen Law Firm, is mentioned as a key figure in the firm initiating the class action lawsuit against SoundHound AI.
Importance 40.0 Sentiment 50.0
per
Philip Kim
Philip Kim, an attorney at Rosen Law Firm, is a contact person for investors interested in joining the class action lawsuit against SoundHound AI.
Importance 40.0 Sentiment 50.0
govactor
United States — United States Securities and Exchange Commission
SoundHound AI's alleged inability to timely file certain financial reports with the United States — United States Securities and Exchange Commission is a key point in the class action lawsuit.
Importance 20.0 Sentiment 0.0
Relationships
SoundHound AI regulated ↔ United States — United States Securities and Exchange Commission SoundHound AI is a publicly traded company subject to the regulatory oversight and financial disclosure requirements of
Rosen Law Firm related ↔ Lawrence Rosen
Rosen Law Firm related ↔ Philip Kim
Rosen Law Firm none ↔ United States — United States Securities and Exchange Commission Rosen Law Firm has no direct structural or regulatory relationship with the SEC. The firm's connection to the agency is
Lawrence Rosen founding partner ↔ Philip Kim Lawrence Rosen is a founding partner of the Rosen Law Firm, where he directs attorneys including Philip Kim. Together, t
Lawrence Rosen securities lawyer ↔ United States — United States Securities and Exchange Commission Lawrence Rosen is a founding partner of the Rosen Law Firm, a private legal practice that litigates class action lawsuit
Philip Kim unaffiliated ↔ United States — United States Securities and Exchange Commission Philip Kim is a private attorney whose securities class action lawsuits cite SEC regulations, but he holds no direct rel
ERGEN INTELLIGENCE
Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard

About Ergen

Ergen is a news intelligence platform that converts raw news articles into structured data. It tracks events, entities, and the relationships between them, with sentiment and attention metrics derived from thousands of articles. Pages on this site are daily static snapshots from the platform's live database. For real-time tracking, search, and alerts, the full dashboard is at app.ergen.ai.