SonicCloud Records Suit Alleges Fake Reviews, Mismanagement

Founders and funders of SonicCloud Inc., which developed audio-assist software for the hearing-impaired, are facing a demand for company records that an ousted cofounder says will show “massive fraudulent conduct.”

SonicCloud should have dissolved in 2015, after its founders obtained funding to establish Sonitum Inc. as its successor, Jon Lederman claims in a March 8 Delaware Chancery Court complaint seeking access to SonicCloud’s books and records.

But even though Sonitum now markets the audio-assist software—also called Sonic Cloud—the original SonicCloud entity never wound down, instead continuing to exist as a shell company, Lederman’s suit says.

Because SonicCloud’s top shareholders and ...