ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages POET Technologies Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – POET

Source · https://www.globenewswire.com/news-release/2026/05/30/3303895/673/en/ROSEN-RECOGNIZED-INVESTOR-COUNSEL-Encourages-POET-Technologies-Inc-Investors-to-Secure-Counsel-Before-Important-Deadline-in-Securities-Class-Action-First-Filed-by-the-Firm-POET.html

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ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages POET Technologies Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – POET

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POET Technologies is facing a securities class action lawsuit alleging it misrepresented its tax status as a Passive Foreign Investment Company (PFIC). — Incorrect tax classifications can lead to unexpected tax burdens for US investors and potential regulatory penalties, negatively impacting the stock's attractiveness.

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The lawsuit claims that POET Technologies' representative, Thomas Mika, violated a non-disclosure agreement during a public interview, potentially endangering business prospects. — Breaches of confidentiality agreements can damage critical B2B partnerships and jeopardize future revenue-generating contracts.

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A deadline of June 29, 2026, has been set for investors to move the Court to serve as lead plaintiff in the class action. — While a procedural step, the formalization of lead plaintiffs increases the likelihood and scale of continued litigation.

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ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages POET Technologies Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – POET

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ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages POET Technologies Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – POET

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