NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Tempus AI, Inc. (“Tempus” or the “Company”) (NASDAQ: TEM). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
The investigation concerns whether Tempus and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On May 28, 2025, Spruce Point Capital Management (“Spruce Point”) published a report on Tempus, describing a number of “concerns” about the Company. Among other issues, the Spruce Point report asserted that the Company used “aggressive accounting and financial reporting”; that several members of the Company’s Board and “other executives have been associated with troubled companies that restated financial results”; and that “[k]ey strategic partnerships and deal announcement[s] with AstraZeneca and Pathos AI merit scrutiny.”
On this news, Tempus’ stock price fell $12.67 per share, or 19.23%, to close at $53.20 per share on May 28, 2025.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980
