OAKLAND, Calif.–(BUSINESS WIRE)–$TEM #TEM–Shares of Tempus AI, Inc. fell over 19% in intraday trading on Wednesday, May 28, 2025, after Spruce Point Capital Management published a report alleging that Tempus AI is engaging in “aggressive and suspicious accounting practices,” and the company’s leaders are “connected to troubling financial restatements and SEC-charged fraud allegations.” Gibbs Mura is investigating a potential Tempus AI, Inc. (NASDAQ: TEM) Securities Class Action Lawsuit on behalf of shareholders who lost money in Tempus AI, Inc.
What Should Tempus AI, Inc. Investors Do?
If you invested in Tempus AI, Inc., visit our Tempus AI, Inc. investigation webpage, or call us at (888) 410-2925 to get more information about how you may be able to recover your losses. Our investigation concerns whether Tempus AI, Inc. has violated federal securities laws by providing false or misleading statements to investors.
What is the Tempus AI, Inc. (TEM) Lawsuit Investigation About?
On May 28, 2025, Spruce Point Capital Management published a report alleging that Tempus AI is engaging in “aggressive and suspicious accounting practices,” and that the company is run by “leaders who have a dubious history.”
According to Spruce Point, Tempus AI’s CEO has a documented history of “public shareholder wealth destruction,” and the company’s board members and Chief Accounting Officer are connected to “troubling financial restatements and SEC-charged fraud allegations.”
The report also raises questions about Tempus AI’s accounting and financial reporting, claiming that the company has “suspicious revenue-generating partnerships,” which purportedly “embellish the Company’s weakening position.”
Following this news, shares of Tempus AI, Inc. dropped over 19% in intraday trading on May 28, 2025, causing harm to investors.
About Gibbs Mura
Gibbs Mura represents investors nationwide in securities litigation to correct abusive corporate governance practices, breaches of fiduciary duty, and proxy violations. The firm has recovered over a billion dollars for its clients against some of the world’s largest corporations, and our attorneys have received numerous honors for their work, including “Best Lawyers in America,” “Top Plaintiff Lawyers in California,” “California Lawyer Attorney of the Year,” “Class Action Practice Group of the Year,” “Consumer Protection MVP,” and “Top Women Lawyers in California.”
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Contacts
CONTACT: CATHERINE CONROY
PHONE: 510.350.9705
EMAIL: [email protected]
