◆ NeutralPOET

POET SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of POET Technologies Inc. Investors - Contact Kirby McInerney LLP by June 29, 2026

GlobeNewswire Inc.·
POET SHAREHOLDER ALERT: Securities Fraud Lawsuit Filed on Behalf of POET Technologies Inc. Investors - Contact Kirby McInerney LLP by June 29, 2026

A securities fraud class action lawsuit has been filed against POET Technologies Inc. on behalf of investors who purchased shares between April 1-27, 2026. The lawsuit alleges the company misrepresented its tax status as a potential PFIC, and that CFO Thomas Mika violated confidentiality agreements by disclosing business information. The stock declined 8% on April 14 following a Wolfpack Research report about PFIC concerns, and dropped 47.4% on April 27 after the company announced cancellation of major purchase orders from Celestial AI/Marvell Semiconductor due to alleged disclosure violations.

Read Full Article at GlobeNewswire Inc.
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