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SHAREHOLDER ALERT Bernstein Liebhard LLP Announces a Securities Fraud Class Action Lawsuit Has Been Filed
The Rosen Law Firm initiated a securities class action against POET Technologies Inc. on June 4, 2026, with a June 29, 2026 lead plaintiff deadline for investors who purchased securities between April 1 and April 27, 2026.
According to the lawsuit, POET Technologies misrepresented its tax status as a passive foreign investment company, or "PFIC," while Defendant Thomas Mika allegedly violated a business agreement by publicly discussing sensitive company information.
These misleading disclosures threatened POET Technologies' valuation, making it a less attractive investment than represented during the Class Period. The lawsuit claims investors suffered damages because statements regarding business prospects lacked a reasonable basis.
Investors wishing to serve as lead plaintiff must move the Court no later than June 29, 2026. Interested parties may contact Phillip Kim, Esq., toll-free at 866-767-3653 for information on joining the litigation.
The Rosen Law Firm specializes in securities class actions and shareholder derivative litigation globally, recovering over $438 million for investors in 2019 alone. Investors may select counsel of their choice, though prior results do not guarantee similar outcomes.