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Home Press Releases Press Releases - Lifestyle

POET Investors Have Opportunity to Lead POET Technologies Inc. Securities Fraud Lawsuit with the Schall Law Firm

Cision PR Newswire by Cision PR Newswire
June 1, 2026
in Press Releases - Lifestyle
Reading Time: 3 mins read
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LOS ANGELES, June 1, 2026 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against POET Technologies Inc. (“POET” or “the Company”) (NASDAQ: POET) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.


(PRNewsfoto/The Schall Law Firm)

Investors who purchased the Company’s securities between April 1, 2026, and April 27, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before June 29, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. POET misrepresented its tax status due to the likelihood it would be deemed a passive foreign investment company (“PFIC”), which would have negative tax implications for individual investors. The Company’s business prospects were endangered by CFO Thomas Mika violating a business agreement in a public interview. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about POET, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.             

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/poet-investors-have-opportunity-to-lead-poet-technologies-inc-securities-fraud-lawsuit-with-the-schall-law-firm-302786666.html

SOURCE The Schall Law Firm

Cision PR Newswire

Cision PR Newswire

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