Newsfile Corp
08 Jun 2026, 13:43 UTC · 2h ago
SES AI CORPORATION (SES) CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Investors to Inquire About a Securities Fraud Class Action by June 26, 2026
Newsfile Corp
08 Jun 2026, 13:43 UTC · 2h ago
Story key points
3 claims · impact-rated
SES AI Corporation is facing a class action lawsuit alleging it misled investors regarding business prospects, financial condition, and product demand. — Securities fraud allegations and class action lawsuits create significant legal liability and erode investor trust in corporate governance.
-0.60SES AI issued 2026 revenue guidance of $30-$35 million, which was materially below analyst expectations. — A significant miss in revenue guidance indicates fundamental operational weakness and lowers the company's valuation.
-0.50Claims have emerged that SES AI relied on 'phantom deals' and partnership agreements lacking genuine economic substance to mask declining fundamentals. — Accusations of fabricated partnerships suggest systemic deception and a lack of true commercial traction for the company's technology.
-0.40Ticker attribution
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Model heads
The company is facing a class action lawsuit alleging securities fraud and misleading investors regarding its financial condition.
The company is the subject of an investigation and class action filing by a plaintiffs' law firm.
The company is mentioned as the subject of a class action lawsuit notification.
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