Overview

A class action lawsuit has been filed against SES AI Corporation (“SES AI” or the “Company”) (NYSE: SES) and the Company’s Chief Executive Officer (collectively, “Defendants”), alleging violations of the federal securities laws. The SES AI lawsuit is brought on behalf of all persons and entities who purchased or otherwise acquired SES AI securities between January 29, 2025, and March 4, 2026, inclusive (the “Class Period”). Investors have until June 26, 2026, to seek appointment as lead plaintiff of the SES AI class action lawsuit.

SES AI describes itself as a global leader in the development and manufacturing of AI-enhanced high-performance batteries.

According to the complaint, Defendants overstated SES AI’s business prospects by promoting agreements and partnerships with entities that purportedly had limited operations or lacked the capacity to support the revenue opportunities described by the Company. The complaint further alleges that SES AI misrepresented the commercial potential of its Molecular Universe artificial intelligence platform and created the appearance of demand and revenue through transactions involving purchases of services and software licenses. In addition, the complaint alleges that Defendants failed to disclose material logistics constraints that negatively impacted fourth-quarter 2025 revenues and undermined the Company’s growth projections.

The truth began to emerge on December 9, 2025, when Wolfpack Research published a report questioning the legitimacy and commercial viability of several of SES AI’s announced business relationships. The report also raised concerns regarding the value and commercialization of the Company’s Molecular Universe platform.

Then, on March 4, 2026, SES AI disclosed that logistics constraints had delayed shipments and pushed revenue into the first quarter of 2026. At the same time, the Company issued 2026 revenue guidance that was significantly below analyst expectations. On this news, the Company’s stock price plummeted, declining nearly 37%. 

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If you purchased or otherwise acquired SES AI securities between January 29, 2025, and March 4, 2026, and you wish to serve as lead plaintiff in this lawsuit, you are encouraged to submit your information to DiCello Levitt LLP via the form on this page. 

You can also contact DiCello Levitt attorneys Brian O’Mara and Hani Farah by calling (888) 287-9005 or at investors@dicellolevitt.com. 

The deadline to apply to the Court to serve as a lead plaintiff in the SES AI class action lawsuit is June 26, 2026.