Investors Can Contact the Law Firm at No Cost to Learn More About Recovering Their Losses
LOS ANGELES, July 28, 2025 – The Portnoy Law Firm is representing a class action lawsuit on behalf of investors who purchased Tempus AI, Inc. (NASDAQ: TEM) securities between August 6, 2024, and May 27, 2025 (the "Class Period"). Investors have until August 12, 2025, to file a lead plaintiff motion.
Investors interested in discussing their legal rights can contact attorney Lesley F. Portnoy at 310-692-8883 or via email at lesley@portnoylaw.com. The firm offers complimentary case evaluations and can explain options for recovering losses. Those wishing to join the case can click here to submit their information.
Case Allegations
Tempus AI is a technology company specializing in precision medicine using artificial intelligence, including generative AI. The lawsuit alleges that during the Class Period, Tempus AI and its executives made false or misleading statements and failed to disclose important information, such as:
- Inflating the value of certain contract agreements, many involving related parties, which included non-binding opt-ins or were self-funded;
- A joint venture with SoftBank Group Corporation that appeared to “round-trip” capital, artificially inflating revenue;
- Acquisition of Ambry Genetics Corporation, which relied on aggressive and potentially unethical billing practices, exposing it to regulatory and financial risks;
- Reduction in financial support from AstraZeneca PLC through a questionable “pass-through payment” structure involving a joint agreement with Pathos AI, Inc.;
- Underlying operational weaknesses and an uncertain long-term revenue outlook for Tempus AI.
On May 28, 2025, Spruce Point Capital Management, LLC released a research report raising serious concerns about Tempus AI’s management, operations, and financial disclosures. This report triggered a drop in Tempus AI’s stock price by more than 19%, as detailed in the complaint.
Investors affected by these issues are urged to review more information and submit their transaction details through the law firm’s website. The Portnoy Law Firm has a track record of recovering over $5.5 billion for investors harmed by corporate misconduct.
Attorney Advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
Email: lesley@portnoylaw.com
Phone: 310-692-8883
Website: www.portnoylaw.com
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