{"id":967507,"date":"2026-05-27T09:30:22","date_gmt":"2026-05-27T13:30:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/poet-shareholder-alert-investors-with-losses-may-seek-to-lead-the-class-action-in-poet-technologies-securities-lawsuit-contact-levi-korsinsky\/"},"modified":"2026-05-27T09:30:22","modified_gmt":"2026-05-27T13:30:22","slug":"poet-shareholder-alert-investors-with-losses-may-seek-to-lead-the-class-action-in-poet-technologies-securities-lawsuit-contact-levi-korsinsky","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/poet-shareholder-alert-investors-with-losses-may-seek-to-lead-the-class-action-in-poet-technologies-securities-lawsuit-contact-levi-korsinsky\/","title":{"rendered":"POET Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in POET Technologies Securities Lawsuit – Contact Levi & Korsinsky"},"content":{"rendered":"
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PR Newswire<\/p>\n<\/p><\/div>\n

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\n Notice to Pension Funds, Asset Managers, and Fiduciaries Holding POET Technologies Positions: $7.15 Per-Share Loss Raises Fiduciary Review Obligations<\/i>\n <\/p>\n

\n NEW YORK<\/span>, May 27, 2026<\/span> \/PRNewswire\/ — Institutional investors holding positions in POET Technologies Inc. (NASDAQ: POET) during the period from April 1, 2026 through April 27, 2026 may wish to evaluate lead plaintiff opportunities in a pending securities class action. Request an institutional investor loss assessment<\/a>. You may also contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com<\/a>\u00a0or (212) 363-7500.<\/p>\n

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POET shares collapsed $7.15 per share, a 47.3% single-day decline, on April 27, 2026, after the Company disclosed that Marvell Semiconductor Inc. cancelled all purchase orders from Celestial AI due to alleged<\/span> confidentiality breaches by POET’s management. The window to apply for lead plaintiff closes on June 29, 2026.<\/p>\n

\n Notice to Institutional Holders<\/b>\n <\/p>\n

Pension funds, mutual funds, hedge funds, and registered investment advisers that held POET common stock during the class period face potential portfolio losses stemming from two distinct alleged<\/span> disclosure failures: (1) material understatement of the likelihood that POET qualified as a Passive Foreign Investment Company under U.S. tax law, and (2) management conduct that allegedly<\/span> breached confidentiality obligations with a major customer, directly triggering the cancellation of critical revenue-generating purchase orders.<\/p>\n

Institutional holders with fiduciary obligations to beneficiaries should assess whether the magnitude of POET-related portfolio losses warrants active participation in the recovery process.<\/p>\n

\n ERISA and Fiduciary Considerations<\/b>\n <\/p>\n

For ERISA-governed plans and public pension systems that held POET securities, the class action presents specific fiduciary review questions:<\/p>\n