Law Firms Urge SES AI Shareholders To Join Securities-Fraud Class Action

Overview

• Plaintiff firms Glancy Prongay Wolk and The Law Offices of Frank R. Cruz are soliciting SES AI investors after publicizing a newly filed class-action complaint in early May 2026.
• The complaint alleges SES AI overstated its outlook and created an appearance of revenue through transactions involving Molecular Universe, and these claims have not been proven.
• Plaintiffs say logistics bottlenecks hurt SES AI’s fourth-quarter 2025 revenue, which they argue conflicted with prior upbeat statements about growth.
• SES AI reported fourth-quarter and full-year 2025 results and issued 2026 revenue guidance below expectations on March 4, 2026, and the stock fell 36.8% to close at $1.08 on March 5, 2026.
• Shareholders who want to ask the court to serve as lead plaintiff, a role that lets an investor help choose counsel and guide the case, must file by June 26, 2026.