{"success":true,"data":{"pressRelease":{"id":"30229","rtpr_id":"nGNX6QdYQY","ticker":"POET","exchange":"NASDAQ","all_tickers":["POET"],"title":"POET Shareholder Alert: POET Technologies Inc. Securities Class Action Lawsuit - Investors With Losses May Contact Levi & Korsinsky","author":"Globe Newswire","published_at":"2026-05-11T20:00:00.915Z","article_body":"NEW YORK, May 11, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP alerts\ninvestors in POET Technologies Inc. (NASDAQ: POET) of a pending securities\nclass action. Class Period: April 1, 2026 through April 27, 2026. Check if\nyou can recover your investment losses\n(https://www.globenewswire.com/Tracker?data=pchlQj-7soNL4mqvAqbB-vHYhUdONdHmgplZ_AB-p0J80pbMdAJlhN9EEH_1pnIONIZS4_FCViqc-U8iag_oRiBvRUkbWvMKeLHZt_qFAh43a4I1oAudQ7SKYq0qLAyl9EW7aSSUNxHovjczMULf9P-5fIVIVeWs-zuxdPM91_lnFKnnxvzpjsZZwrzsu-7tEav4MvPr-2CF75MOeNEN8w==)\nor contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com | (212) 363-7500.\n\nPOET shares lost $7.15 per share, a 47.3% collapse, after the Company revealed\nthat its largest customer cancelled all purchase orders. The lead plaintiff\ndeadline is June 29, 2026.\n\nHow Confidential Information Allegedly Reached the Public\n\nThe lawsuit asserts that during an April 21, 2026 interview published on\nYouTube by Stocktwits, management publicly identified the Company's customer\nrelationship with Celestial AI and its acquirer, disclosed the existence of an\noutstanding invoice, and stated that product shipments were expected \"this\nyear\" and \"next quarter.\" When asked directly whether the Company was under a\nnon-disclosure agreement with a hyperscaler, the response allegedly\nmischaracterized the scope of confidentiality obligations. According to the\naction, this public airing of purchase order details and shipping timelines\ndirectly violated contractual confidentiality provisions.\n\nWhy Confidentiality Allegedly Matters to POET Investors\n\nThe securities action claims that the consequences were swift and severe:\n* Marvell Semiconductor Inc. provided written notice on April 23, 2026 that\nthe Company had breached its confidentiality obligations\n* The breach specifically cited disclosures of purchase order and shipping\ninformation made during the public interview\n* All purchase orders from Celestial AI were cancelled, including initial\nproduction units first disclosed in April 2023\n* The Company had generated only $2.3 million in total revenue since 2020,\nmaking the loss of this customer relationship particularly damaging\n* Shares outstanding had increased 303% from late 2022 to early 2026, meaning\ndiluted shareholders bore the full impact of the business loss\n* The stock fell from a Class Period high of $15.10 to $7.95 following the\ncancellation announcement\nThe NDA Breach and Its Business Consequences\n\nAs alleged in the complaint, management was asked on camera whether an NDA\nexisted with a hyperscaler. The response indicated that NDAs existed with\n\"suppliers to hyperscalers\" but then proceeded to identify the specific\ncustomer, the product being supplied, invoice details, and an expected\nshipping timeline. The action contends this disclosure pattern was itself the\nbreach that triggered cancellation of the Company's most significant\ncommercial relationship.\n\n\"Investors deserve transparency about material risks that could affect their\ninvestments. When confidential business relationships are allegedly\ncompromised through public statements by senior officers, the resulting harm\nto shareholders can be substantial and immediate.\" — Joseph E. Levi, Esq.\n\nSpeak with an attorney about recovering damages\n(https://www.globenewswire.com/Tracker?data=8RzUDMzzOKteypi124-2n09bkFY7MwHd36AaIcsFxZU6-MzybFtcyWEVIDISxYt6BXMBHQvCyWGicTOEjWV1HBQVEDxBPqr4lqwdQ7I-TzlWfdsxWQ2KjQ5rRjp8NO9K0N44FwNQ6uhGgzcIynR5ZazryS5AB-a0ffXdN0l5gOyE0ZNwT77VpF618N--GGGZx2p-CPbjUE3qEuQrQRQmhw==)\nor call (212) 363-7500.\n\nWHY LEVI & KORSINSKY — Ranked in ISS Securities Class Action Services' Top\n50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally\nrecognized leader in shareholder rights litigation. With a team of over 70\nprofessionals, the firm has recovered hundreds of millions of dollars for\ninvestors. The Court has set June 29, 2026 as the deadline to apply for lead\nplaintiff appointment.\n\nFrequently Asked Questions About the POET Lawsuit\n\nQ: Who is eligible to join the POET investor lawsuit? A: Investors who\npurchased POET stock or securities between April 1, 2026 and April 27, 2026\nand suffered financial losses may be eligible. Eligibility is based on\npurchase date and documented losses, not on whether you still hold the shares.\n\nQ: How much did POET stock drop? A: Shares fell approximately 47.3%, a decline\nof $7.15 per share, after the Company disclosed the cancellation of all\npurchase orders from Celestial AI following an alleged NDA breach. Investors\nwho purchased shares during the class period at artificially inflated prices\nmay be entitled to compensation.\n\nQ: What specific misstatements does the POET lawsuit allege? A: The complaint\nalleges POET made materially false or misleading statements regarding its\nconfidentiality obligations and the security of its key customer relationships\nduring the class period. When the true state was revealed, the stock price\ndeclined sharply.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the\ninvestor appointed by the court to represent the entire class. Lead plaintiffs\nare typically investors with the largest documented losses. Being appointed\ndoes not increase individual recovery but gives direct oversight of how the\ncase is run.\n\nQ: What if I already sold my POET shares — can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthem. Investors who bought during the class period and sold at a loss may\nstill participate.\n\nQ: What does it cost me to participate? A: Nothing. Securities class actions\nare handled on a pure contingency basis. No upfront fees, no retainer, no\nout-of-pocket costs.\n\nQ: What if I missed the lead plaintiff deadline? A: The deadline applies only\nto investors seeking lead plaintiff appointment. Class members who miss it can\nstill participate in any settlement or recovery.\n\nCONTACT:\n\nLevi & Korsinsky, LLP\n\nJoseph E. Levi, Esq.\n\nEd Korsinsky, Esq.\n\n33 Whitehall Street, 27th Floor\n\nNew York, NY 10004\n\njlevi@levikorsinsky.com\n\nTel: (212) 363-7500\n\nFax: (212) 363-7171\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d91bd4e6-7d18-43f7-a479-4f992242a82a)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX6QdYQY","title":"POET Shareholder Alert: POET Technologies Inc. Securities Class Action Lawsuit - Investors With Losses May Contact Levi & Korsinsky","author":"Globe Newswire","ticker":"POET","created":"2026-05-11T20:00:00.915Z","tickers":["POET"],"exchange":"NASDAQ","article_body":"NEW YORK, May 11, 2026 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP alerts\ninvestors in POET Technologies Inc. (NASDAQ: POET) of a pending securities\nclass action. Class Period: April 1, 2026 through April 27, 2026. Check if\nyou can recover your investment losses\n(https://www.globenewswire.com/Tracker?data=pchlQj-7soNL4mqvAqbB-vHYhUdONdHmgplZ_AB-p0J80pbMdAJlhN9EEH_1pnIONIZS4_FCViqc-U8iag_oRiBvRUkbWvMKeLHZt_qFAh43a4I1oAudQ7SKYq0qLAyl9EW7aSSUNxHovjczMULf9P-5fIVIVeWs-zuxdPM91_lnFKnnxvzpjsZZwrzsu-7tEav4MvPr-2CF75MOeNEN8w==)\nor contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com | (212) 363-7500.\n\nPOET shares lost $7.15 per share, a 47.3% collapse, after the Company revealed\nthat its largest customer cancelled all purchase orders. The lead plaintiff\ndeadline is June 29, 2026.\n\nHow Confidential Information Allegedly Reached the Public\n\nThe lawsuit asserts that during an April 21, 2026 interview published on\nYouTube by Stocktwits, management publicly identified the Company's customer\nrelationship with Celestial AI and its acquirer, disclosed the existence of an\noutstanding invoice, and stated that product shipments were expected \"this\nyear\" and \"next quarter.\" When asked directly whether the Company was under a\nnon-disclosure agreement with a hyperscaler, the response allegedly\nmischaracterized the scope of confidentiality obligations. According to the\naction, this public airing of purchase order details and shipping timelines\ndirectly violated contractual confidentiality provisions.\n\nWhy Confidentiality Allegedly Matters to POET Investors\n\nThe securities action claims that the consequences were swift and severe:\n* Marvell Semiconductor Inc. provided written notice on April 23, 2026 that\nthe Company had breached its confidentiality obligations\n* The breach specifically cited disclosures of purchase order and shipping\ninformation made during the public interview\n* All purchase orders from Celestial AI were cancelled, including initial\nproduction units first disclosed in April 2023\n* The Company had generated only $2.3 million in total revenue since 2020,\nmaking the loss of this customer relationship particularly damaging\n* Shares outstanding had increased 303% from late 2022 to early 2026, meaning\ndiluted shareholders bore the full impact of the business loss\n* The stock fell from a Class Period high of $15.10 to $7.95 following the\ncancellation announcement\nThe NDA Breach and Its Business Consequences\n\nAs alleged in the complaint, management was asked on camera whether an NDA\nexisted with a hyperscaler. The response indicated that NDAs existed with\n\"suppliers to hyperscalers\" but then proceeded to identify the specific\ncustomer, the product being supplied, invoice details, and an expected\nshipping timeline. The action contends this disclosure pattern was itself the\nbreach that triggered cancellation of the Company's most significant\ncommercial relationship.\n\n\"Investors deserve transparency about material risks that could affect their\ninvestments. When confidential business relationships are allegedly\ncompromised through public statements by senior officers, the resulting harm\nto shareholders can be substantial and immediate.\" — Joseph E. Levi, Esq.\n\nSpeak with an attorney about recovering damages\n(https://www.globenewswire.com/Tracker?data=8RzUDMzzOKteypi124-2n09bkFY7MwHd36AaIcsFxZU6-MzybFtcyWEVIDISxYt6BXMBHQvCyWGicTOEjWV1HBQVEDxBPqr4lqwdQ7I-TzlWfdsxWQ2KjQ5rRjp8NO9K0N44FwNQ6uhGgzcIynR5ZazryS5AB-a0ffXdN0l5gOyE0ZNwT77VpF618N--GGGZx2p-CPbjUE3qEuQrQRQmhw==)\nor call (212) 363-7500.\n\nWHY LEVI & KORSINSKY — Ranked in ISS Securities Class Action Services' Top\n50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally\nrecognized leader in shareholder rights litigation. With a team of over 70\nprofessionals, the firm has recovered hundreds of millions of dollars for\ninvestors. The Court has set June 29, 2026 as the deadline to apply for lead\nplaintiff appointment.\n\nFrequently Asked Questions About the POET Lawsuit\n\nQ: Who is eligible to join the POET investor lawsuit? A: Investors who\npurchased POET stock or securities between April 1, 2026 and April 27, 2026\nand suffered financial losses may be eligible. Eligibility is based on\npurchase date and documented losses, not on whether you still hold the shares.\n\nQ: How much did POET stock drop? A: Shares fell approximately 47.3%, a decline\nof $7.15 per share, after the Company disclosed the cancellation of all\npurchase orders from Celestial AI following an alleged NDA breach. Investors\nwho purchased shares during the class period at artificially inflated prices\nmay be entitled to compensation.\n\nQ: What specific misstatements does the POET lawsuit allege? A: The complaint\nalleges POET made materially false or misleading statements regarding its\nconfidentiality obligations and the security of its key customer relationships\nduring the class period. When the true state was revealed, the stock price\ndeclined sharply.\n\nQ: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the\ninvestor appointed by the court to represent the entire class. Lead plaintiffs\nare typically investors with the largest documented losses. Being appointed\ndoes not increase individual recovery but gives direct oversight of how the\ncase is run.\n\nQ: What if I already sold my POET shares — can I still recover losses? A:\nYes. Eligibility is based on when you purchased, not whether you still hold\nthem. Investors who bought during the class period and sold at a loss may\nstill participate.\n\nQ: What does it cost me to participate? A: Nothing. Securities class actions\nare handled on a pure contingency basis. No upfront fees, no retainer, no\nout-of-pocket costs.\n\nQ: What if I missed the lead plaintiff deadline? A: The deadline applies only\nto investors seeking lead plaintiff appointment. Class members who miss it can\nstill participate in any settlement or recovery.\n\nCONTACT:\n\nLevi & Korsinsky, LLP\n\nJoseph E. Levi, Esq.\n\nEd Korsinsky, Esq.\n\n33 Whitehall Street, 27th Floor\n\nNew York, NY 10004\n\njlevi@levikorsinsky.com\n\nTel: (212) 363-7500\n\nFax: (212) 363-7171\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/d91bd4e6-7d18-43f7-a479-4f992242a82a)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-11T20:00:00.958046951Z","server_sent_at_ms":1778529600958},"received_at":"2026-05-11T20:00:01.188Z","source_url":null},"analysis":{"id":"22393","press_release_id":"30229","analysis_json":{"redFlags":[],"eventType":"legal_litigation","narrative":"Levi & Korsinsky, LLP issued a shareholder-solicitation notice for POET Technologies Inc. (NASDAQ: POET) regarding a pending securities class action.\n\nThe lawsuit alleges that management disclosed confidential information about a key customer, Celestial AI, during a public interview, leading to the cancellation of all purchase orders and a 47.3% stock decline.\n\nThe lead plaintiff deadline is June 29, 2026. Investors who purchased POET stock between April 1, 2026 and April 27, 2026 and suffered financial losses may be eligible to join the lawsuit.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{},"quotedText":"Investors deserve transparency about material risks that could affect their investments. When confidential business relationships are allegedly compromised through public statements by senior officers, the resulting harm to shareholders can be substantial and immediate.","namedEntities":{"people":[{"name":"Joseph E. 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Boilerplate lead-plaintiff-deadline reminder."},"tickerRelevance":{"others":[],"primary":"POET"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Levi & Korsinsky, LLP issued a shareholder-solicitation notice for POET Technologies Inc. (NASDAQ: POET) regarding a pending securities class action.\n\nThe lawsuit alleges that management disclosed confidential information about a key customer, Celestial AI, during a public interview, leading to the cancellation of all purchase orders and a 47.3% stock decline.\n\nThe lead plaintiff deadline is June 29, 2026. Investors who purchased POET stock between April 1, 2026 and April 27, 2026 and suffered financial losses may be eligible to join the lawsuit.","key_figures":{},"named_entities":{"people":[{"name":"Joseph E. Levi, Esq.","role":"attorney"},{"name":"Ed Korsinsky, Esq.","role":"attorney"}],"products":[],"companies":[{"name":"POET Technologies Inc.","ticker":"POET"},{"name":"Levi & Korsinsky, LLP","relationship":"plaintiff law firm"},{"name":"Marvell Semiconductor Inc.","relationship":"customer"},{"name":"Celestial AI","relationship":"customer"}],"dollarAmounts":[{"amount":"$7.15","context":"per-share stock decline"},{"amount":"$2.3 million","context":"total revenue since 2020"},{"amount":"$15.10","context":"Class Period high stock price"},{"amount":"$7.95","context":"stock price after cancellation announcement"}]},"model_name":"Qwen/Qwen2.5-72B-Instruct-AWQ","prompt_hash":"sha256:a76fb3b19e8e8b7b","schema_hash":"sha256:8658c370b800cf3d","created_at":"2026-05-11T20:19:30.522Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":58798,"modelName":"george-droid-qwen-72b"}}