Investors have until June 26, 2026, to seek lead plaintiff status in a securities class action against SES AI Corporation. The lawsuit targets statements made between January 29, 2025, and March 4, 2026.
The complaint alleges SES AI overstated business prospects through deals with companies lacking significant operations. It further claims the company manufactured revenue appearances through questionable transactions.
The suit also asserts SES AI hid logistics constraints in the fourth quarter of 2025. These constraints resulted in 2026 revenue guidance that fell below analyst projections. SES AI stock experienced a sharp decline on March 5, 2026, following the guidance update.