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CLASS ACTION DEADLINE TONIGHT: SES AI Corporation (SES) Investors Who Suffered Losses Encouraged to Contact Faruqi & Faruqi Before June 26, 2026 Securities Class Action Deadline

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CLASS ACTION DEADLINE TONIGHT: SES AI Corporation (SES) Investors Who Suffered Losses Encouraged to Contact Faruqi & Faruqi Before June 26, 2026 Securities Class Action Deadline
Business

Business

CLASS ACTION DEADLINE TONIGHT: SES AI Corporation (SES) Investors Who Suffered Losses Encouraged to Contact Faruqi & Faruqi Before June 26, 2026 Securities Class Action Deadline

2026-06-27 01:31 Last Updated At:01:40

NEW YORK--(BUSINESS WIRE)--Jun 26, 2026--

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against SES AI Corporation (“SES AI” or the “Company”) (NYSE: SES) and reminds investors of the June 26, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260626145716/en/

Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com.

As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) SES AI overstated its business prospects by materially overstating the expected results that could be achieved by deals with companies that have limited or no operations; (2) SES AI created an appearance of revenue by purchasing services in exchange for purchases of Molecular Universe; (3) Contrary to its positive statements regarding growth prospects, SES AI was affected by material logistics constraints in the fourth quarter of 2025 which would materially affect Q4 2025 revenues; (4) the foregoing called into question SES AI's growth prospects for 2026, which were confirmed due to lower-than expected 2026 revenue guidance; and (5) as a result, defendants' statements about SES AI's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

On March 4, 2026, SES reported its fourth quarter and full year 2025 financial results. Among other items, SES disclosed that logistics constraints delayed shipments at the end of the year, pushing approximately $1.5 million of expected revenue into the first quarter of 2026. The disclosure followed SES's presentation at the 28th Annual Needham Growth Conference on January 16, 2026, where the Company discussed its business outlook and growth initiatives but did not disclose that shipment delays were affecting revenue timing.

On this news, SES's stock price fell $0.63 per share, or 36.84%, to close at $1.08 per share on March 5, 2026.

The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not.

Faruqi & Faruqi, LLP also encourages anyone with information regarding SES AI’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

To learn more about the SES AI Corporation class action, go to www.faruqilaw.com/SES or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).

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Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com ). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

CLASS ACTION DEADLINE TONIGHT: SES AI Corporation (SES) Investors Who Suffered Losses Encouraged to Contact Faruqi & Faruqi Before June 26, 2026 Securities Class Action Deadline

CLASS ACTION DEADLINE TONIGHT: SES AI Corporation (SES) Investors Who Suffered Losses Encouraged to Contact Faruqi & Faruqi Before June 26, 2026 Securities Class Action Deadline

WASHINGTON (AP) — The District of Columbia has reached a settlement agreement for an undisclosed amount of money with a resident who claims police illegally detained him for following an Ohio National Guard patrol while playing Darth Vader’s theme song from “Star Wars” on his phone — an act of protest against the Trump administration's federal law-enforcement surge in the nation's capital.

A court filing late Thursday says the plaintiff, Sam O'Hara, will drop his lawsuit's claims against the district and four Metropolitan Police Department officers within three business days of receiving the settlement payment. The filing doesn't specify a dollar amount for the deal between the district and O'Hara, who is represented by the American Civil Liberties Union of the District of Columbia.

In an email on Friday, an ACLU spokesperson referred to the settlement's financial terms as “a significant amount" that O’Hara "is pleased with” but said they aren't disclosing the dollar figure to protect his privacy. A spokesperson for D.C. Attorney General Brian Schwalb's office declined to comment on the settlement.

O'Hara's agreement with the district doesn't resolve his related claims against an Ohio National Guard member. Attorneys for the Guard member, Sgt. Devon Beck, have asked a judge to dismiss O'Hara's claims against him.

“He was there because that was his assigned duty,” Beck’s lawyers wrote. “This was not an accidental encounter or a one-time disagreement on a public sidewalk.”

An earlier court filing, in February, said O'Hara had reached a settlement agreement “in principle” with the district. In response, a judge agreed to suspend the case while they negotiated terms.

O'Hara sued the district last October, claiming police officers violated his First Amendment rights to free speech and his Fourth Amendment rights against unreasonable seizures and excessive force.

The ominous orchestral music of “The Imperial March” from Star Wars movies was the soundtrack for O'Hara's peaceful protests against President Donald Trump’s ongoing deployment of Guard members in Washington. Millions of TikTok users have viewed O’Hara’s videos of his interactions with troops, according to his lawsuit.

O’Hara, an artist who works in the hospitality industry, says he didn’t interfere with the Guard troops during their Sept. 11, 2025, encounter on a public street. One of the troops summoned Metropolitan Police Department officers, who stopped O’Hara and kept him handcuffed for 15 to 20 minutes before releasing him without charges, according to the lawsuit.

“The law might have tolerated government conduct of this sort a long time ago in a galaxy far, far away. But in the here and now, the First Amendment bars government officials from shutting down peaceful protests,” the suit says.

Trump, a Republican, issued an executive order declaring a crime emergency in Washington last August. Within weeks, hundreds of Guard troops and federal agents were helping police patrol the city. The surge inflamed tensions with residents of the heavily Democratic district. Hundreds of Guard members remain deployed in the district nearly a year later, with no clear end in sight.

National Guard members look at the Lincoln Memorial Reflecting Pool, Monday, June 22, 2026, in Washington. (AP Photo/Mark Schiefelbein)

National Guard members look at the Lincoln Memorial Reflecting Pool, Monday, June 22, 2026, in Washington. (AP Photo/Mark Schiefelbein)

Members of the National Guard stop and look at the Lincoln Memorial Reflecting Pool Sunday, June 21, 2026, on the National Mall in Washington. (AP Photo/Jon Elswick

Members of the National Guard stop and look at the Lincoln Memorial Reflecting Pool Sunday, June 21, 2026, on the National Mall in Washington. (AP Photo/Jon Elswick

National guard on patrol at the Lincoln Memorial, Wednesday, June 24, 2026, in Washington. (AP Photo/Rahmat Gul)

National guard on patrol at the Lincoln Memorial, Wednesday, June 24, 2026, in Washington. (AP Photo/Rahmat Gul)

FILE - Members of the National Guard walking in the lobby of Union Station in Washington, May 27, 2026. (AP Photo/Matt Rourke, file)

FILE - Members of the National Guard walking in the lobby of Union Station in Washington, May 27, 2026. (AP Photo/Matt Rourke, file)

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