Investor Alert: SoundHound AI, Inc. Securities Class Action Deadline Approaches

Rosen National Trial Lawyers Encourages SoundHound AI, Inc. Investors to Secure Counsel Before Important Deadline

NEW YORK, April 25, 2023 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds investors of SoundHound AI, Inc. (NASDAQ: SOUN) of the important April 27, 2023 lead plaintiff deadline in the ongoing securities class action lawsuit filed against the company.

The lawsuit alleges that SoundHound AI, Inc. made false and/or misleading statements and/or failed to disclose that: (1) the company's financial results were not as strong as they appeared due to the impact of the COVID-19 pandemic; and (2) the company's financial statements for the fiscal years 2020 and 2021 contained errors and/or omissions. As a result of these alleged misstatements and/or omissions, the company's stock price was artificially inflated, causing investors to suffer significant losses.

According to the lawsuit, SoundHound AI, Inc. and certain of its executives and/or directors made false and/or misleading statements and/or failed to disclose that: (1) the company's financial results were not as strong as they appeared due to the impact of the COVID-19 pandemic; and (2) the company's financial statements for the fiscal years 2020 and 2021 contained errors and/or omissions. As a result of these alleged misstatements and/or omissions, the company's stock price was artificially inflated, causing investors to suffer significant losses.

The Rosen Law Firm encourages investors who purchased SoundHound AI, Inc. securities between November 12, 2020 and April 21, 2023, to secure counsel before the important April 27, 2023 deadline.

If you wish to serve as lead plaintiff, you must move the Court no later than April 27, 2023. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. If you are a SoundHound AI, Inc. investor who has suffered significant losses, you are encouraged to contact the Rosen Law Firm directly to discuss your options and potentially participate in the lawsuit.

Rosen Law Firm represents investors worldwide and specializes in securities litigation and shareholder advocacy.

Contact Information:

The Rosen Law Firm

6333 Washington Boulevard, Suite 220 East

St. Louis, MO 63138

Phone: 888-737-7867

Email: info@rosenlegal.com

Case Name: Rosen v. SoundHound AI, Inc., et al.

Case Number: 1:23-cv-00587

District Court: United States District Court for the Southern District of New York

Contact: Kevin Deerstein, Esq.

info@rosenlegal.com