Lost Money in POET Technologies Inc. (NASDAQ: POET)? Investors Urged to Contact Award-Winning Firm, Gibbs Mura
OAKLAND, Calif.--( BUSINESS WIRE)--Shares of POET Technologies Inc. (“POET Technologies”) plummeted over 47% on April 27, 2026, after disclosing that Celestial AI, which was recently acquired by Marvell, had cancelled all of the company’s purchase orders, citing alleged confidentiality violations. Gibbs Mura is investigating a potential POET Technologies (NASDAQ: POET) Securities Class Action Lawsuit concerning whether POET Technologies has violated federal securities laws by providing false or misleading statements to investors.
YOU MAY BE ABLE TO RECOVER YOUR LOSSES. VISIT OUR POET TECHNOLOGIES CLASS ACTION LAWSUIT INVESTIGATION WEBPAGE OR CALL US AT (888) 410-2925 TO LEARN MORE.
What is the POET Technologies Investigation About?
On April 21, 2026, POET Technologies CFO Thomas Mika told Stocktwits that the company had secured an order from Celestial AI and planned to “continue that relationship [with Marvell] and build it over time.” Just a week later, on April 27, 2026, POET Technologies announced that all purchase orders it had received from Celestial AI were now cancelled, including initial production units first disclosed by the company in an April 25, 2023 press release. Marvell gave POET written notice on April 23, 2026 that it was cancelling the orders because “the company had wrongly shared details about the purchase orders and shipping information, breaking confidentiality rules,” as reported by Yahoo Finance.
Following this news, shares of POET Technologies fell over 47% on April 27, 2026, causing significant harm to investors.
About Gibbs Mura
Gibbs Mura represents investors nationwide in securities litigation and has more than two decades of experience prosecuting fraud. The firm has recovered billions of dollars for its clients against some of the world’s largest corporations, and our attorneys have received numerous honors for their work, including “Best Lawyers in America,” “Top Plaintiff Lawyers in California,” “California Lawyer Attorney of the Year,” “Class Action Practice Group of the Year,” “Consumer Protection MVP,” and “Top Women Lawyers in California.”
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