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Stocks•6 May 2026•

1 min read

SES AI Faces Securities Fraud Class Action After 37% Stock Collapse

Key Facts

1A securities fraud class action lawsuit has been filed against SES AI Corporation following weak revenue guidance.

2SES stock declined by 37% during the class period between January 2025 and March 2026.

3The deadline for investors to file lead plaintiff applications is June 26, 2026.

SES AI Corporation is facing a securities fraud class action lawsuit following the issuance of weak revenue guidance that disappointed the markets. The company's stock price plummeted by 37% during the class period spanning from January 2025 to March 2026. The lawsuit alleges that SES AI misled investors regarding its financial outlook, leading to significant financial losses once the actual guidance was disclosed. Investors who suffered losses have until June 26, 2026, to file applications to serve as lead plaintiff in the case. Law firm Kahn Swick & Foti LLC is spearheading the legal action, focusing on potential violations of federal securities laws. This legal challenge adds significant pressure to the firm's valuation and investor sentiment amid ongoing financial volatility.