Tempus AI under investigation for alleged accounting, financial misconduct.
ByAinvest
Monday, Jun 23, 2025 11:48 am ET1min read
SPRU--
The investigation stems from a report published by Spruce Point Capital Management on May 28, 2025, which raised concerns about Tempus AI's AI capabilities, financial guidance, and partnerships. The report alleged that Tempus AI inflated the value of contract agreements, used aggressive accounting practices, and engaged in questionable business practices with key partners. On the day of the report's publication, Tempus AI's stock price fell by 19.2%, from $66.87 to $53.20 per share, causing significant losses for investors.
Investors who purchased Tempus AI common stock between August 6, 2024, and May 27, 2025, are encouraged to contact the respective law firms to participate in the class action lawsuit or to inquire about pursuing a claim to recover their losses. The Law Offices of Frank R. Cruz, Robbins Geller Rudman & Dowd LLP, and the Schall Law Firm are all accepting inquiries from investors who suffered losses due to Tempus AI's alleged actions.
The investigations are ongoing, and the outcome is yet to be determined. However, the allegations have raised significant concerns about the company's financial health and the accuracy of its reported earnings. Investors are advised to stay informed and consult with legal professionals if they have questions about their rights or potential claims.
References:
[1] https://www.businesswire.com/news/home/20250618421629/en/Securities-Fraud-Investigation-Into-Tempus-AI-Inc.-TEM-Announced-Investors-Who-Lost-Money-Urged-To-Contact-The-Law-Offices-of-Frank-R.-Cruz
[2] https://www.marketscreener.com/quote/stock/TEMPUS-AI-INC-171113321/news/Robbins-Geller-Rudman-Dowd-LLP-Announces-that-Tempus-AI-Inc-Investors-with-Substantial-Losses-Ha-50296777/
[3] https://www.prnewswire.com/news-releases/tem-investors-have-opportunity-to-join-tempus-ai-inc-fraud-investigation-with-the-schall-law-firm-302487900.html
[4] https://www.marketscreener.com/quote/stock/TEMPUS-AI-INC-171113321/news/Securities-Fraud-Investigation-Into-Tempus-AI-Inc-TEM-Announced-Investors-Who-Lost-Money-Urg-50279819/
TEM--
• Tempus AI, Inc. faces investigation for securities law violations. • Allegations include false/misleading statements and undisclosed information. • Report by Spruce Point Capital Management raised concerns about accounting, partnerships. • Shares fell by 19.2% after report publication. • Investigation focuses on impact on shareholders who suffered losses.
Tempus AI, Inc. (NASDAQ: TEM) is under investigation for potential violations of federal securities laws, following allegations of false and misleading statements and undisclosed information. The Law Offices of Frank R. Cruz, Robbins Geller Rudman & Dowd LLP, and the Schall Law Firm have all announced investigations on behalf of investors who lost money due to Tempus AI's actions.The investigation stems from a report published by Spruce Point Capital Management on May 28, 2025, which raised concerns about Tempus AI's AI capabilities, financial guidance, and partnerships. The report alleged that Tempus AI inflated the value of contract agreements, used aggressive accounting practices, and engaged in questionable business practices with key partners. On the day of the report's publication, Tempus AI's stock price fell by 19.2%, from $66.87 to $53.20 per share, causing significant losses for investors.
Investors who purchased Tempus AI common stock between August 6, 2024, and May 27, 2025, are encouraged to contact the respective law firms to participate in the class action lawsuit or to inquire about pursuing a claim to recover their losses. The Law Offices of Frank R. Cruz, Robbins Geller Rudman & Dowd LLP, and the Schall Law Firm are all accepting inquiries from investors who suffered losses due to Tempus AI's alleged actions.
The investigations are ongoing, and the outcome is yet to be determined. However, the allegations have raised significant concerns about the company's financial health and the accuracy of its reported earnings. Investors are advised to stay informed and consult with legal professionals if they have questions about their rights or potential claims.
References:
[1] https://www.businesswire.com/news/home/20250618421629/en/Securities-Fraud-Investigation-Into-Tempus-AI-Inc.-TEM-Announced-Investors-Who-Lost-Money-Urged-To-Contact-The-Law-Offices-of-Frank-R.-Cruz
[2] https://www.marketscreener.com/quote/stock/TEMPUS-AI-INC-171113321/news/Robbins-Geller-Rudman-Dowd-LLP-Announces-that-Tempus-AI-Inc-Investors-with-Substantial-Losses-Ha-50296777/
[3] https://www.prnewswire.com/news-releases/tem-investors-have-opportunity-to-join-tempus-ai-inc-fraud-investigation-with-the-schall-law-firm-302487900.html
[4] https://www.marketscreener.com/quote/stock/TEMPUS-AI-INC-171113321/news/Securities-Fraud-Investigation-Into-Tempus-AI-Inc-TEM-Announced-Investors-Who-Lost-Money-Urg-50279819/
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet