Monolithic Power Systems Inc. Class Action Lawsuit - MPWR

Company
Monolithic Power Systems Inc. (NASDAQ: MPWR)
Lead Plaintiff Deadline
April 7, 2025 (Expired)
Class Period
February 8, 2024 - November 8, 2024

Expired

Lead Plaintiff Deadline

Apr 7, 2025

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Allegations

The filed complaint alleges that Monolithic Power Systems Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) Monolithic’s voltage regulator modules and power management integrated circuits were suffering from significant performance and quality control issues; (b) the defects listed in (a), above, had, in turn, negatively impacted the performance of certain products offered by the Company's largest customer, Nvidia, in which such products were used; (c) Monolithic had failed to adequately address and resolve known issues affecting the performance of the power management solutions the Company supplied to Nvidia; (d) Monolithic’s relationship with Nvidia had been irreparably damaged due to the significant performance and quality control.

Eligibility

In order to be eligible to join the MPWR class action lawsuit, you must have incurred a loss on shares of Monolithic purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Monolithic during the relevant time frame or pursuant to the relevant offering(s), you have until April 7, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

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