MPWR Class Action Alert: Kessler Topaz Meltzer & Check, LLP Reminds Monolithic Power Systems, Inc. (MPWR) Shareholders of Securities Fraud Class Action Lawsuit Deadline

Associated Press

15-03-2025

RADNOR, PA - March 15, 2025 ( NEWMEDIAWIRE) - The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Monolithic Power Systems, Inc. ('Monolithic') ( NASDAQ: MPWR) on behalf of those who purchased or otherwise acquired Monolithic common stock between February 8, 2024, and November 8, 2024, inclusive (the 'Class Period'). The lead plaintiff deadline is April 7, 2025.
CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:
You can also contact attorney Jonathan Naji, Esq. by calling [phone] or by email at [email protected].
DEFENDANTS' ALLEGED MISCONDUCT:
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Monolithic's voltage regulator modules and power management integrated circuits were suffering from significant performance and quality control issues; (2) these defects had, in turn, negatively impacted the performance of certain products offered by Nvidia in which such products were used; (3) Monolithic had failed to adequately address and resolve known issues affecting the performance of the power management solutions Monolithic supplied to Nvidia; (4) Monolithic's relationship with Nvidia had been irreparably damaged due to the significant performance and quality control problems affecting the products it supplied to Nvidia and Monolithic's failure to adequately address such issues; and (5) as a result of the above, Monolithic was acutely exposed to material undisclosed risks of significant business, financial, and reputational harm.
THE LEAD PLAINTIFF PROCESS:
Monolithic investors may, no later than April 7, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
[phone]
280 King of Prussia Road
Radnor, PA 19087
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