Monolithic Power Systems Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – MPWR

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Monolithic Power Systems Inc. regarding a class action lawsuit due to alleged misleading statements and quality control issues affecting the company's products [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from February 8, 2024, to November 8, 2024 [3]. - Allegations include that Monolithic's voltage regulator modules and power management integrated circuits experienced significant performance and quality control issues [3]. - These defects reportedly impacted the performance of products from Monolithic's largest customer, Nvidia, and the relationship between Monolithic and Nvidia has been irreparably damaged [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by April 7, 2025, to potentially become lead plaintiffs [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [5].