Bronstein, Gewirtz & Grossman LLC Urges POET Technologies Inc. Investors to Act After Class Action Filed Alleging Investor Harm

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Bronstein, Gewirtz & Grossman, LLC, an investor-rights law firm, announced that it has filed a class action lawsuit against POET Technologies Inc. (NASDAQ: POET) and certain of its officers.

The lawsuit seeks damages for alleged violations of federal securities laws on behalf of investors who purchased or otherwise acquired POET Technologies Inc. securities between April 1, 2026 and April 27, 2026, inclusive (the “Class Period”). Investors are encouraged to review the complaint at bgandg.com/POET.

Allegations in the complaint

The complaint alleges that the defendants made false and/or misleading statements and/or failed to disclose information regarding the company’s tax status and related business disclosures, including:

Tax status misrepresentation: POET allegedly misrepresented its tax status due to it likely being deemed a passive foreign investment company (PFIC) under U.S. tax laws, which the filing says could have negative tax implications for U.S. stockholders if not properly reported.
Potential impact on valuation: The complaint alleges that the tax issue, if discovered, would make POET a less attractive investment and could threaten the company’s valuation.
Alleged agreement breach: The complaint alleges that Defendant Thomas Mika, despite affirming he was not violating a non-disclosure agreement, violated a business agreement by discussing POET’s business agreements in a public interview, which the filing says could endanger POET’s business prospects.
Materially false or unsupported statements: As a result, the complaint alleges that statements about POET’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at relevant times.

What investors can do next

The class action lawsuit has been filed. The firm states that investors who wish to review the complaint can do so at bgandg.com/POET or by contacting Peretz Bronstein, Esq., or Client Relations Manager Nathan Miller at 917-590-0911.

The firm also states that investors who suffered losses in POET Technologies Inc. have until June 29, 2026 to request that the court appoint them as lead plaintiff. It notes that an investor’s ability to share in any recovery does not require serving as lead plaintiff.

Fee structure

Bronstein, Gewirtz & Grossman, LLC says it represents investors in class actions on a contingency-fee basis. The firm states it will seek reimbursement for out-of-pocket expenses and attorneys’ fees—typically as a percentage of any total recovery—only if the case is successful.

Firm statement

The firm said: “Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace,” according to Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.