Rosen Law Firm Reminds SES AI Investors of June 26 Deadline in Securities Class Action

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โดย GlobeNewswire·Read original
Summary · why it matters

Rosen Law Firm reminds purchasers of SES AI Corporation securities between January 29, 2025 and March 4, 2026 of the June 26, 2026 lead plaintiff deadline in a securities class action first filed by the firm. Investors who bought SES AI securities during that period may be entitled to compensation without out-of-pocket costs through a contingent fee arrangement. The lawsuit alleges that defendants made materially false and misleading statements and failed to disclose that SES AI overstated its business prospects by exaggerating expected results from deals with companies having limited or no operations, created the appearance of revenue by purchasing services in exchange for purchases by Molecular Universe, faced material logistical constraints in the fourth quarter of 2025 that materially impacted fourth-quarter 2025 revenue, and that these issues jeopardized SES AI's 2026 growth prospects, which were confirmed by lower-than-expected 2026 revenue guidance. Rosen Law Firm highlights its track record in securities class actions, including achieving the largest-ever securities class action settlement against a Chinese company and returning hundreds of millions of dollars to investors.

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Securities class action lawsuit alleging false statements and overstatement of business prospects.