NEW YORK and NEW ORLEANS, Could 05, 2026 (GLOBE NEWSWIRE) — Kahn Swick & Foti, LLC (“KSF”) and KSF associate, former Legal professional Normal of Louisiana, Charles C. Foti, Jr., remind traders with substantial losses that they’ve till June 26, 2026 to file lead plaintiff purposes in a securities class motion lawsuit towards SES AI Company (NYSE: SES) (“SES” or the “Company”), in the event that they bought or in any other case acquired the Firm’s securities between January 29, 2025 and March 4, 2026, inclusive (the “Class Period”). This motion is pending in america District Court docket for the District of Massachusetts.
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Concerning the Lawsuit
SES and sure of its executives are charged with failing to reveal materials data through the Class Interval, violating federal securities legal guidelines.
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The alleged false and deceptive statements and omissions embody, however aren’t restricted to, that: (i) the Firm overstated its enterprise outlook by exaggerating the potential outcomes of agreements with firms that had restricted or no operational capability; (ii) the corporate created the looks of income by buying companies tied to its personal Molecular Universe transactions; (iii) regardless of its optimistic progress statements, SES AI confronted vital logistics constraints in This autumn 2025 that materially impacted income for that quarter; (iv) these points raised critical doubts about SES AI’s 2026 progress prospects, which had been later confirmed by weaker-than-expected income steering for 2026; and (v) because of this, the Firm’s statements about its enterprise, operations, and prospects, had been materially false and deceptive and/or lacked an inexpensive foundation in any respect related instances.
The case is Patel v. SES AI Company, et al., Case No. 26-cv-11894.
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About Kahn Swick & Foti, LLC
KSF, whose companions embody former Louisiana Legal professional Normal Charles C. Foti, Jr., is without doubt one of the nation’s premier boutique securities litigation regulation corporations. This previous yr, KSF was ranked by SCAS among the many high 10 corporations nationally based mostly upon complete settlement worth. KSF serves quite a lot of purchasers, together with private and non-private institutional traders, and retail traders – in in search of recoveries for funding losses emanating from company fraud or malfeasance by publicly traded firms. KSF has workplaces in New York, Delaware, California, Louisiana, Chicago, and a consultant workplace in Luxembourg.
TOP 10 Plaintiff Regulation Companies – In accordance with ISS Securities Class Motion Companies
To be taught extra about KSF, chances are you’ll go to www.ksfcounsel.com.
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Kahn Swick & Foti, LLC
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