MPS(US:MPWR) Newsfilterยท2025-03-15 11:30Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Monolithic Power Systems due to allegations of false statements and undisclosed risks that have negatively impacted the company's performance and relationship with Nvidia [2][4]. Group 1: Legal Investigation and Claims - Faruqi & Faruqi is encouraging investors who suffered losses in Monolithic Power Systems to discuss their legal options, particularly in light of a federal securities class action with a deadline of April 7, 2025 [1][2]. - The complaint against Monolithic Power Systems alleges violations of federal securities laws, including misleading statements regarding product performance and quality control issues [4]. Group 2: Financial Performance and Market Reaction - Monolithic Power Systems reported a decline in quarterly revenue for its Enterprise Data segment, falling to $184 million from $187 million, missing estimates by nearly 13% [5][6]. - Following the announcement of the revenue decline, Monolithic Power Systems' stock price dropped over 17% [6]. - A subsequent report indicated that Nvidia canceled half of its orders with Monolithic Power Systems due to performance issues, leading to an additional stock price decline of nearly 15% [7]. Group 3: Company Background and Contact Information - Faruqi & Faruqi, LLP has a history of recovering significant amounts for investors since its establishment in 1995 [3]. - The firm is actively seeking information from whistleblowers, former employees, and shareholders regarding Monolithic Power Systems' conduct [9].