SoundHound AI Under Fire: Investors Rally as Legal Storm Brews Over Alleged Missteps
SoundHound AI, Inc. faces a class action lawsuit from investors over alleged misleading statements regarding the company’s financial health. The dispute centers on claims of concealment of financial control weaknesses and inflated goodwill post-Amelia Acquisition. Delayed SEC filings raise concerns, potentially damaging investor trust amid competitive tech sector pressures. Law firm Bronstein, Gewirtz & Grossman […]
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