SES AI Shareholders File Class Action Lawsuit
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 11 2026
0mins
Source: Globenewswire
- Class Action Initiated: Shareholders of SES AI Corporation have filed a class action lawsuit for the period between January 29, 2025, and March 4, 2026, alleging that the company made false and misleading statements that resulted in investor losses.
- Financial Results Disclosure: On March 4, 2026, SES disclosed its fourth quarter and full year 2025 financial results, revealing that logistics constraints delayed approximately $1.5 million in expected revenue into the first quarter of 2026, raising further doubts about the company's growth prospects.
- Stock Price Plummet: Following the lawsuit announcement, SES's stock price fell by $0.63, or 36.84%, closing at $1.08 per share on March 5, 2026, reflecting the market's pessimism regarding the company's future outlook.
- Legal Implications: Investors must apply by June 26, 2026, to be appointed as lead plaintiffs in the lawsuit, indicating that the legal risks faced by the company could have far-reaching effects on its future operations and shareholder confidence.
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Analyst Views on SES
Wall Street analysts forecast SES stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.340
Low
4.00
Averages
4.00
High
4.00
Current: 1.340
Low
4.00
Averages
4.00
High
4.00
About SES
SES AI Corporation is a battery manufacturing company. The Company is a developer and manufacturer of high-performance, artificial intelligence (AI)-enhanced Lithium-Metal (Li-Metal) and Lithium-ion (Li-ion) rechargeable battery technologies for electric vehicles (EVs), Urban Air Mobility, drones, robotics, Battery Energy Storage Systems and other applications. It utilizes AI across the spectrum of its business, from research and development; materials sourcing; cell design; engineering and manufacturing; to battery health and safety monitoring. The Company's differentiated battery technology is designed to combine the high energy density of Li-Metal with the manufacturability of conventional Li-ion batteries. It produces large 50 Amp-hour (Ah) and 100Ah B-sample Li-Metal battery cells for EVs. Its AI programs fall under three major categories: AI for Science, AI for Manufacturing, and AI for Safety. The Company also specializes in premium energy storage systems.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Litigation Deadline: Investors must file lead plaintiff applications in the securities class action against SES AI Corporation by June 26, 2026, for trades made between January 29, 2025, and March 4, 2026, or risk losing their right to recover losses.
- Allegations Overview: SES and certain executives are accused of failing to disclose material information during the class period, violating federal securities laws, including overstating business prospects and creating false revenue appearances, which led to significant investor losses.
- Financial Impact: SES faced substantial logistics constraints in Q4 2025, materially affecting revenue and raising serious doubts about its growth prospects for 2026, which were later confirmed by weaker-than-expected revenue guidance.
- Legal Consultation Access: Investors can contact KSF Managing Partner Lewis Kahn to discuss their legal rights and the claims process, ensuring they protect their interests in the ongoing litigation.
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- Class Action Notice: Rosen Law Firm reminds investors who purchased SES AI securities between January 29, 2025, and March 4, 2026, to apply as lead plaintiffs by June 26, 2026, to participate in the class action without any out-of-pocket fees.
- Lawsuit Background: The lawsuit alleges that SES AI made materially false and misleading statements during the class period, overstating business prospects and affecting 2026 growth outlook, leading to investor losses when the truth emerged.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and recovered over $438 million for investors in 2019 alone, being ranked first in 2017 for the number of settlements, showcasing its expertise in this legal domain.
- Investor Guidance: Investors are advised to carefully select qualified counsel with a proven track record, avoiding firms that act merely as intermediaries, to ensure effective legal representation in the class action.
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- Class Action Notice: Rosen Law Firm reminds investors who purchased SES AI securities between January 29, 2025, and March 4, 2026, to apply as lead plaintiffs by June 26, 2026, to participate in the class action without any out-of-pocket fees.
- Lawsuit Background: The lawsuit alleges that SES AI made materially false or misleading statements during the class period, overstating business prospects and leading to investor losses when the truth was revealed.
- Law Firm's Track Record: Rosen Law Firm specializes in securities class actions and recovered over $438 million for investors in 2019 alone, demonstrating its successful track record and extensive experience in this field.
- Investor Selection Advice: Investors are advised to carefully select law firms with proven success in leadership roles to ensure effective legal representation in class actions, avoiding firms that merely act as intermediaries.
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- Significant Stock Decline: SES AI's shares plummeted by $0.63, or 36.8%, closing at $1.08 on March 5, 2026, following the company's revenue guidance for 2026 of $30 million to $35 million, which starkly contrasts with the analyst consensus of $51.67 million, indicating a severe deterioration in financial health.
- Allegations of Fraudulent Deals: The lawsuit alleges that SES AI inflated its business prospects through deals with entities lacking meaningful operations while creating a facade of software revenue through circular purchasing arrangements, posing significant legal and financial risks for institutional investors holding the stock.
- Fiduciary Responsibilities: Fund managers and pension trustees holding SES AI shares face fiduciary duties to exercise prudent oversight, necessitating an assessment of potential losses and recovery options when credible allegations of securities fraud arise to protect investor interests and ensure compliance.
- Legal Action Opportunities: The court has set June 26, 2026, as the deadline for applying for lead plaintiff status, allowing institutional investors to seek compensation for losses through participation in the class action, thereby ensuring rigorous oversight of the litigation and enhancing the likelihood of success.
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- Lawsuit Background: Bragar Eagel & Squire, P.C. announces a class action lawsuit against SES AI Corporation on behalf of investors who purchased securities between January 29, 2025, and March 4, 2026, aimed at protecting investor rights and seeking compensation.
- Allegation Details: The lawsuit alleges that SES AI overstated its business prospects and created an appearance of revenue through misleading transactions, which negatively impacted the company's future growth outlook and investor confidence.
- Financial Impact: SES AI faced significant revenue declines in Q4 2025 due to logistics constraints, which adversely affected its 2026 revenue guidance, leading to potential substantial financial losses for investors.
- Investor Action: Investors must apply by June 26, 2026, to be appointed as lead plaintiffs in the lawsuit, with Bragar Eagel & Squire offering free consultations to encourage affected investors to reach out for more information.
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- Deadline for Filing: ClaimsFiler reminds SES AI investors that lead plaintiff applications must be submitted by June 26, 2026, for those who purchased securities between January 29, 2025, and March 4, 2026, indicating potential legal risks for investors.
- Overview of Allegations: SES AI and certain executives are accused of failing to disclose material information during the class period, violating federal securities laws, including exaggerating business outlooks and creating the appearance of revenue, which could lead to investor losses.
- Financial Impact Analysis: SES AI faced significant logistics constraints in Q4 2025 that materially impacted revenue, and the company's optimistic growth projections for 2026 were not realized, further heightening investor concerns about its future prospects.
- Legal Assistance Information: Investors can visit ClaimsFiler's website for legal help and guidance on how to file claims, demonstrating the company's proactive role in assisting investors in protecting their rights.
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