Several law firms are investigating Tempus AI, Inc. for potential securities fraud after a Spruce Point Capital report alleged the company overstated its AI capabilities and had operational weaknesses.

The allegations triggered a 19.2% decline in Tempus AI's stock price, leading to significant financial losses for investors and prompting legal action on their behalf.

A class action lawsuit has been filed against Tempus AI, and investors who purchased stock during the specified class period have until August 12, 2025, to seek lead plaintiff status.