Faruqi & Faruqi Reminds SES AI Investors of June 26, 2026 Lead Plaintiff Deadline

GlobeNewswire··Read original
3▲0 ▼1Impact / 5
Summary · why it matters

Faruqi & Faruqi, LLP reminds investors in SES AI Corporation of the June 26, 2026 deadline to seek lead plaintiff appointment in a securities class action lawsuit. The complaint alleges that SES AI and its executives made false and misleading statements by overstating business prospects through deals with companies having limited or no operations, creating an artificial appearance of revenue, and concealing logistics constraints that delayed approximately $1.5 million of expected fourth-quarter 2025 revenue into the first quarter of 2026. On March 4, 2026, SES disclosed the shipment delays, causing its stock price to fall $0.63 per share, or 36.84%, to close at $1.08 on March 5, 2026. Investors who purchased or acquired SES AI securities between January 29, 2025 and March 4, 2026 and suffered losses may contact the firm to discuss their legal rights.

Impact on assets 1

Electrification & Mobility▼
SES AI Corp
SES
▼ NegativeRegulationrelevance

Securities class action lawsuit alleging false statements and revenue delays, causing stock drop.