SES AI Investors Face June 26 Deadline to Seek Lead Role in Securities Suit

The appointment will determine who directs a case over SES AI’s growth claims plus disputed revenue timing.

Overview

Two law firms, which issued notices Wednesday, urged SES AI shareholders with losses to move by June 26 to seek lead-plaintiff status in the case.
The filed complaint says that from January 29, 2025 to March 4, 2026 the company misled investors about its business outlook and deals with firms that had little or no operations.
It alleges SES AI made revenue look stronger by purchasing services in exchange for purchases of Molecular Universe.
Plaintiffs point to SES AI’s March 4 disclosure that shipping delays pushed about $1.5 million of expected Q4 2025 revenue into Q1 2026, followed by a 36.84% share drop on March 5.
In securities class actions, the lead plaintiff usually has the largest loss and sets strategy, while other investors can stay in the class without taking any step.