Faruqi & Faruqi Announces Investigation into Potential Securities Fraud Claims Against SoundHound AI Inc.

Faruqi & Faruqi Reminds SoundHound AI Investors of the Pending Class Action Lawsuit with a Lead Plaintiff

New York, NY - Faruqi & Faruqi, a leading national securities law firm, reminds investors of SoundHound AI, Inc. ("SoundHound AI" or the "Company") of the pending class action lawsuit filed on behalf of all persons who purchased or acquired SoundHound AI securities between March 30, 2022 and March 27, 2023.

The lawsuit was filed in the United States District Court for the Southern District of New York and alleges that the Company and certain of its officers and directors made false and/or misleading statements and/or failed to disclose material information, including that the Company was experiencing significant delays and difficulties in the development and launch of its flagship product, Hound, which was touted as a revolutionary AI-powered search engine.

On March 27, 2023, the Company announced that it would be delaying the launch of Hound, citing the need for additional development and testing. This news caused the Company's stock price to plummet, wiping out hundreds of millions of dollars in investor value.

The lawsuit seeks to recover losses sustained by the Company's investors. If you have invested in SoundHound AI and suffered a loss, you may wish to consider joining the lawsuit.

Faruqi & Faruqi, LLP is a national securities law firm with extensive experience in representing investors in securities litigation. The firm's litigators are skilled in resolving complex securities cases through both individual and class action lawsuits.

If you have any information or would like to learn more about the lawsuit, please contact Faruqi & Faruqi, LLP's office at (212) 983-9330 or info@farquirrelaw.com. You can also learn more about the lawsuit by visiting the firm's website at www.farquirrelaw.com. You can also join the lawsuit by clicking here: www.farquirrelaw.com/cases/soundhound-ai/.