MPS(US:MPWR) GlobeNewswire News Room·2025-03-29 18:45Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of Monolithic Power Systems, Inc. during the specified class period of the upcoming lead plaintiff deadline on April 7, 2025 [1] Group 1: Class Action Details - Investors who bought Monolithic Power Systems common stock between February 8, 2024, and November 8, 2024, may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting the law firm [3][6] - The lead plaintiff must file a motion with the court by April 7, 2025, to represent other class members in the litigation [3] Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4] - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4] - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4] Group 3: Case Allegations - The lawsuit alleges that Monolithic Power Systems made materially false and misleading statements regarding its voltage regulator modules and power management integrated circuits, which suffered from significant performance and air quality issues [5] - These defects negatively impacted the performance of products offered by Nvidia that utilized Monolithic Power Systems' components [5] - The relationship between Monolithic Power Systems and Nvidia was reportedly damaged due to these performance and quality control problems, exposing the company to undisclosed risks of significant business, financial, and reputational harm [5]