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Multiple securities class action lawsuits have been filed against POET Technologies (NasdaqCM:POET). The suits allege misleading statements about its tax status, business agreements, and internal controls. The lawsuits follow the cancellation of major purchase orders and related operational consequences, which plaintiffs claim were tied to misrepresented information and confidentiality issues. Investors are confronting new legal and reputational risks for the company, alongside heavy share...

POET Technologies stock continued its slide on Friday, falling another 7.3%.

Multiple securities class action lawsuits have been filed against POET Technologies (NasdaqCM:POET), alleging misleading statements about its tax status and business agreements. Claims focus on an alleged failure to disclose likely PFIC status and related tax consequences for US shareholders. The suits also allege a breach of confidentiality that is linked to customer order cancellations and lost business. These issues raise fresh legal, governance, and commercial questions that are highly...

Fresh capital for AI photonic interconnects collides with mounting dilution, today, May 19, 2026.

POET Technologies Inc (TSX-V:PTK, NASDAQ:POET, FRA:RI4A) stock fell about 12% on Friday following the announcement of a $400 million registered direct offering and weaker-than-expected first quarter earnings. The company, which designs and develops Photonic Integrated Circuits (PICs), light...

8am: Stocks set for pullback US stock futures are pointing to a softer open on Friday, with investors taking a step back after a barnstorming session on Thursday that saw both the S&P 500 and Nasdaq close at fresh record highs and the Dow Jones reclaim the psychologically important 50,000...

In late April 2026, POET Technologies disclosed that Marvell Semiconductor had cancelled all Celestial AI-related purchase orders, prompting a wave of federal securities class action lawsuits alleging misleading statements about the company’s tax status and confidentiality obligations. The allegations that POET may be treated as a passive foreign investment company under U.S. tax law add an unusual layer of potential complexity for its U.S. shareholders. With these legal challenges and the...

Poet stock plummeted more than 50% on news that has raised some big questions about its outlook.

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Wednesday

Shares of POET Technologies Inc are trading sharply lower Monday morning following news that Marvell Semiconductor has canceled all outstanding purchase orders from Celestial AI, a company Marvell recently acquired. The cancellation notice, received on April 23, effectively terminates a partnership that included initial production units first disclosed by POET in April 2023. Here’s what investors need to know. Marvell Alleges Confidentiality Breach In POET Order Cancellation The justification fo

Shares of networking chips designer Marvell Technology (NASDAQ: MRVL) fell 4% in the afternoon session after the company canceled all purchase orders with POET Technologies that were originally placed by Celestial AI, a firm Marvell recently acquired.