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Monolithic Power Systems Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - MPWR
Prnewswire· 2025-02-20 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Monolithic Power Systems Inc. regarding a class action lawsuit due to allegations of misleading statements and quality control issues affecting the company's products [1]. Group 1: Allegations - The complaint alleges that Monolithic's voltage regulator modules and power management integrated circuits experienced significant performance and quality control issues [1]. - These defects negatively impacted the performance of products offered by Nvidia, Monolithic's largest customer [1]. - Monolithic failed to adequately address known issues affecting the performance of its power management solutions supplied to Nvidia [1]. - The relationship between Monolithic and Nvidia has been irreparably damaged due to these performance and quality control issues [1]. Group 2: Class Action Details - The class period for the lawsuit is from February 8, 2024, to November 8, 2024 [1]. - Shareholders are encouraged to register for the class action by April 7, 2025, to potentially be appointed as lead plaintiff [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered from deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [3].
NASDAQ: MPWR Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Lawsuit Filed Against Monolithic Power Systems, Inc.
Prnewswire· 2025-02-19 20:07
Core Viewpoint - A securities class action lawsuit has been filed against Monolithic Power Systems, Inc. for alleged misleading statements and undisclosed performance issues affecting its products, particularly those supplied to Nvidia [1][2]. Allegations Against Monolithic - The lawsuit claims that Monolithic's voltage regulator modules and power management integrated circuits experienced significant performance and quality control issues [2]. - These defects reportedly impacted the performance of certain Nvidia products that utilized Monolithic's components [2]. - Monolithic is accused of failing to adequately address known issues affecting its power management solutions supplied to Nvidia [2]. - The relationship between Monolithic and Nvidia is said to have been irreparably damaged due to these performance and quality control problems [2]. - As a result of these issues, Monolithic is alleged to be exposed to material undisclosed risks that could lead to significant business, financial, and reputational harm [2]. Lead Plaintiff Process - Investors in Monolithic have until April 7, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff acts on behalf of all class members in directing the litigation and is typically the investor or small group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3].
Monolithic Power Systems Inc. (MPWR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-02-18 17:00
Core Viewpoint - Investors in Monolithic Power Systems Inc. have the opportunity to lead a securities fraud class action lawsuit due to undisclosed performance and quality control issues affecting the company's products [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from February 8, 2024, to November 8, 2024, Monolithic failed to disclose significant performance and quality control issues with its voltage regulator modules and power management integrated circuits [2]. - The defects reportedly impacted the performance of products offered by Nvidia, Monolithic's most important customer [2]. - Monolithic's relationship with Nvidia has been described as irreparably damaged due to these issues, which were not adequately addressed by the company [2]. - Positive statements made by the company regarding its business and prospects were claimed to be materially misleading and lacked a reasonable basis during the relevant period [2]. Participation Information - Investors who suffered losses related to Monolithic Power Systems Inc. are encouraged to participate in the ongoing securities fraud lawsuit before the lead plaintiff deadline of April 7, 2025 [2]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information regarding participation in the class action [3][4].
Levi & Korsinsky Reminds Monolithic Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 7, 2025 - MPWR
Prnewswire· 2025-02-18 10:45
NEW YORK, Feb. 18, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Monolithic Power Systems Inc. ("Monolithic" or the "Company") (NASDAQ: MPWR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Monolithic investors who were adversely affected by alleged securities fraud between February 8, 2024 and November 8, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/monolithic-l ...
MPWR INVESTOR ALERT: Monolithic Power Systems, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-02-17 14:15
SAN DIEGO, Feb. 17, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers of Monolithic Power Systems, Inc. (NASDAQ: MPWR) common stock between February 8, 2024 and November 8, 2024, inclusive (the "Class Period"), have until April 7, 2025 to seek appointment as lead plaintiff of the Monolithic Power Systems class action lawsuit.  Captioned Waterford Township General Employees Retirement System v. Monolithic Power Systems, Inc., No. 25-cv-00220 (W.D. Wash.), the Monolithic Power Sy ...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 7, 2025 in Monolithic Lawsuit - MPWR
Prnewswire· 2025-02-14 10:45
NEW YORK, Feb. 14, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Monolithic Power Systems Inc. ("Monolithic" or the "Company") (NASDAQ: MPWR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Monolithic investors who were adversely affected by alleged securities fraud between February 8, 2024 and November 8, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/monolithic-l ...
The Gross Law Firm Notifies Monolithic Power Systems Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - MPWR
Prnewswire· 2025-02-13 10:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Monolithic Power Systems Inc. regarding a class action lawsuit due to allegations of misleading statements and quality control issues affecting the company's products [1][2]. Allegations - The complaint alleges that Monolithic's voltage regulator modules and power management integrated circuits experienced significant performance and quality control issues [1]. - These defects negatively impacted the performance of products offered by Nvidia, Monolithic's largest customer [1]. - Monolithic failed to adequately address known issues affecting the performance of its power management solutions supplied to Nvidia [1]. - The relationship between Monolithic and Nvidia has been irreparably damaged due to these performance and quality control issues [1]. Class Action Details - The class period for the lawsuit is from February 8, 2024, to November 8, 2024 [1]. - Shareholders are encouraged to register for the class action by April 7, 2025, to potentially become lead plaintiffs [2]. - There is no cost or obligation for shareholders to participate in the case [2]. Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm is committed to ensuring companies adhere to responsible business practices and good corporate citizenship [3].
Levi & Korsinsky Reminds Monolithic Power Systems Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 7, 2025 - MPWR
Prnewswire· 2025-02-11 10:45
NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Monolithic Power Systems Inc. ("Monolithic" or the "Company") (NASDAQ: MPWR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Monolithic investors who were adversely affected by alleged securities fraud between February 8, 2024 and November 8, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/monolithic-l ...
MPWR INVESTOR DEADLINE: Monolithic Power Systems, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-02-10 10:58
SAN DIEGO, Feb. 10, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers of Monolithic Power Systems, Inc. (NASDAQ: MPWR) common stock between February 8, 2024 and November 8, 2024, both dates inclusive (the "Class Period"), have until April 7, 2025 to seek appointment as lead plaintiff of the Monolithic Power Systems class action lawsuit.  Captioned Waterford Township General Employees Retirement System v. Monolithic Power Systems, Inc., No. 25-cv-00220 (W.D. Wash.), the Monolith ...
The Gross Law Firm Notifies Shareholders of Monolithic Power Systems Inc.(MPWR) of a Class Action Lawsuit and an Upcoming Deadline
Prnewswire· 2025-02-10 10:45
NEW YORK, Feb. 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Monolithic Power Systems Inc. (NASDAQ: MPWR).Shareholders who purchased shares of MPWR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/monolithic-loss-submission-form/?id=127861&from=4CLASS PERIOD: February 8, ...