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SoundHound AI Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of SoundHound AI, Inc. – SOUN

SoundHound AI Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of SoundHound AI, Inc. - SOUN
SoundHound AI Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of SoundHound AI, Inc. - SOUN

Kahn Swick & Foti, LLC Investigates SoundHound AI, Inc. (SOUN)

NEW YORK and NEW ORLEANS โ€“ Kahn Swick & Foti, LLC (“KSF”), a leading securities litigation law firm, has announced the initiation of an investigation into SoundHound AI, Inc. (NasdaqGM: SOUN). The investigation targets the officers and directors of SoundHound AI concerning potential breaches of their fiduciary duties to shareholders and violations of state or federal laws.

The firm, led by former Attorney General of Louisiana Charles C. Foti, Jr., Esq., focuses on the Company’s disclosures surrounding its significant acquisitions in January 2024 of artificial intelligence software companies SYNQ3 and Amelia Holdings, Inc. These acquisitions were initially touted as pivotal for SoundHound’s “breakthrough year” in 2024.

However, on March 4, 2025, SoundHound AI disclosed its inability to timely file its 2024 Annual Report, citing the “complexity of accounting for [the SYNQ3 and Amelia Acquisitions].” Further, the Company admitted to having “identified material weaknesses in its internal control over financial reporting.” A week later, its 2024 10-K filing restated certain financials and explicitly revealed that the Company’s lack of effective controls was hindering its ability to accurately account for corporate acquisitions.

Consequently, a securities class action lawsuit has been filed against SoundHound AI and certain executives. This lawsuit alleges that they failed to disclose material information during the Class Period, in violation of federal securities laws, and remains ongoing.

Invitation for SoundHound AI Shareholders

KSF encourages any SoundHound AI shareholders with relevant information that could assist in this investigation, or long-term holders of SoundHound shares who wish to discuss their legal rights, to contact the firm without obligation or cost. You can reach Kahn Swick & Foti, LLC toll-free at 1-833-538-3606, email Managing Partner Lewis Kahn at lewis.kahn@ksfcounsel.com, or visit their website at ksfcounsel.com/cases/nasdaqgm-soun/ to learn more.

About Kahn Swick & Foti, LLC

Kahn Swick & Foti, LLC is recognized as one of the nation’s premier boutique securities litigation law firms. With partners including former Louisiana Attorney General Charles C. Foti, Jr., KSF was ranked among the top 10 firms nationally by SCAS based on total settlement value in the past year. KSF is dedicated to representing various clients, including public and private institutional investors and retail investors, in recovering investment losses resulting from corporate fraud or malfeasance by publicly traded companies. The firm maintains offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

Learn more about KSF at www.ksfcounsel.com.

Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
1-833-538-3606
1100 Poydras St., Suite 960
New Orleans, LA 70163

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