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Johnson Fistel Investigates Monolithic Power Systems on Behalf of Long-Term Shareholders
Globenewswire· 2025-10-01 21:30
Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims against Monolithic Power Systems, Inc. for breaches of fiduciary duties and violations of federal securities laws related to performance and quality control issues affecting its products [1][2]. Group 1: Investigation Details - A securities fraud class action complaint alleges that Monolithic Power Systems made false or misleading statements regarding its voltage regulator modules and power management integrated circuits, which suffered from significant performance and quality control issues [2]. - The defects in Monolithic's products negatively impacted the performance of certain products offered by Nvidia, its most important customer, leading to irreparable damage in their relationship [2]. - Monolithic failed to adequately address known issues affecting the performance of its power management solutions supplied to Nvidia, exposing the company to material undisclosed risks of significant business, financial, and reputational harm [2]. Group 2: Shareholder Rights - Current long-term stockholders who held Monolithic Power Systems shares before February 8, 2024, are encouraged to contact Johnson Fistel to discuss their legal rights regarding the ongoing investigation [3].
MONOLITHIC POWER SYSTEMS ALERT: Bragar Eagel & Squire, P.C. is Investigating Monolithic Power Systems, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-04-12 01:00
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Monolithic Power Systems, Inc. due to a class action lawsuit alleging breaches of fiduciary duties by the board of directors [1] Company Overview - Monolithic Power Systems is a provider of power management components used in electronic systems, with Nvidia Corporation as its largest customer [2] Class Action Lawsuit Details - The class action lawsuit claims that Monolithic Power Systems made false or misleading statements regarding the performance and quality control of its voltage regulator modules and power management integrated circuits [3] - Allegations include that these issues negatively impacted Nvidia's products, that Monolithic Power Systems failed to address known performance issues, and that its relationship with Nvidia was irreparably damaged [3] - The lawsuit asserts that Monolithic Power Systems was exposed to significant undisclosed risks affecting its business, financial standing, and reputation [3] Financial Performance - On October 30, 2024, 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% [4] - Following this announcement, the stock price dropped over 17% [4] Customer Relationship Issues - A report from Edgewater Research on November 11, 2024, indicated that Nvidia canceled half of its orders with Monolithic Power Systems due to performance issues, leading Nvidia to seek alternative suppliers [5] - This news resulted in a nearly 15% decline in Monolithic Power Systems' stock price [5]
MPWR DEADLINE MONDAY: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Monolithic Power Systems, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 7 Deadline in Securities Class Action – MPWR
GlobeNewswire News Room· 2025-04-04 22:02
Core 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 for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Monolithic Power Systems common stock between February 8, 2024, and November 8, 2024, may be eligible for 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 visiting the provided link or contacting the law firm directly [3][6]. - The deadline to move the Court to serve as lead plaintiff is April 7, 2025, with the lead plaintiff acting on behalf of other class members [3]. Group 2: Background of the Case - 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 reportedly affected the performance of products offered by Nvidia that utilized Monolithic Power Systems' components, leading to a damaged relationship between the two companies [5]. - The lawsuit claims that Monolithic Power Systems failed to adequately address known issues, exposing the company to undisclosed risks of significant business, financial, and reputational harm [5].
MPWR Investors Have Opportunity to Lead Monolithic Power Systems Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
Prnewswire· 2025-04-03 19:50
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Monolithic Power Systems due to allegations of false and misleading statements related to product performance and quality control issues, which have led to significant financial losses for investors [2][4]. Group 1: Allegations and Financial Impact - The complaint alleges that Monolithic Power Systems and its executives violated federal securities laws by failing to disclose significant performance and quality control issues with their voltage regulator modules and power management integrated circuits [4]. - These defects negatively impacted the performance of products offered by Nvidia, leading to a damaged relationship between the two companies [4]. - On October 30, 2024, Monolithic Power Systems reported a decline in quarterly revenue for its Enterprise Data segment to $184 million, missing consensus estimates by nearly 13%, resulting in a stock price drop of over 17% [5]. - Following a report on November 11, 2024, indicating that Nvidia canceled half of its orders due to performance issues, Monolithic Power Systems' stock fell nearly 15% [6]. Group 2: Legal Proceedings and Investor Actions - Investors who suffered losses exceeding $50,000 between February 8, 2024, and November 8, 2024, are encouraged to discuss their legal rights and options with Faruqi & Faruqi [1]. - There is an April 7, 2025, deadline for investors to seek the role of lead plaintiff in the federal securities class action against Monolithic Power Systems [2]. - Any member of the putative class can move the court to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [7].
Monolithic Power Systems, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. April 7, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-04-03 19:39
Core Viewpoint - A class action lawsuit has been initiated against Monolithic Power Systems, alleging misleading statements and undisclosed quality control issues that have negatively impacted its relationship with Nvidia and its financial performance [3][4][5]. Group 1: Company Overview - Monolithic Power Systems specializes in power management components for electronic systems, with Nvidia Corporation as its largest customer [2]. Group 2: Legal Action - Investors who purchased Monolithic Power Systems securities between February 8, 2024, and November 8, 2024, are eligible to join the class action lawsuit, with a deadline to file a lead plaintiff motion by April 7, 2025 [1]. Group 3: Allegations and Impact - The lawsuit claims that Monolithic Power Systems failed to disclose significant performance and quality control issues with its voltage regulator modules and power management integrated circuits, which adversely affected Nvidia products [3]. - Following the disclosure of a revenue decline in the Enterprise Data segment, Monolithic Power Systems' stock price fell over 17% after missing analysts' estimates [4]. - A subsequent report indicated that Nvidia canceled half of its orders with Monolithic Power Systems and planned to exclude its components from future products due to performance issues, leading to an additional stock price drop of nearly 15% [5].
MPWR Deadline in 6 Days: Kessler Topaz Meltzer & Check, LLP Reminds Monolithic Power Systems, Inc. (MPWR) Investors of Filing Deadline in Class Action Lawsuit
GlobeNewswire News Room· 2025-04-01 23:09
Core Viewpoint - A securities class action lawsuit has been filed against Monolithic Power Systems, Inc. for alleged misleading statements and undisclosed risks affecting its business performance and relationship with Nvidia [1][3]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Western District of Washington on behalf of investors who purchased Monolithic common stock between February 8, 2024, and November 8, 2024 [1]. - The lead plaintiff deadline for the lawsuit is April 7, 2025 [1][4]. Group 2: Allegations Against Monolithic - The complaint alleges that Monolithic's voltage regulator modules and power management integrated circuits faced significant performance and quality control issues [3]. - These defects reportedly negatively impacted the performance of products offered by Nvidia that utilized Monolithic's components [3]. - Monolithic is accused of failing to adequately address known issues affecting its power management solutions supplied to Nvidia, leading to irreparable damage to their relationship [3]. - As a result of these issues, Monolithic is said to be exposed to material undisclosed risks of significant business, financial, and reputational harm [3]. Group 3: Lead Plaintiff Process - Investors may seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or may choose to remain an absent class member [4]. - The lead plaintiff is typically the investor or small group of investors with the largest financial interest and who are representative of the proposed class [4].
Contact Levi & Korsinsky by April 7, 2025 Deadline to Join Class Action Against Monolithic Power Systems Inc. (MPWR)
GlobeNewswire News Room· 2025-04-01 17:40
NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- 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: CASE DETAILS: The filed compl ...
Monolithic Power Systems Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 7, 2025 to Discuss Your Rights - MPWR
Prnewswire· 2025-04-01 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Monolithic Power Systems Inc. due to alleged securities fraud affecting investors between February 8, 2024, and November 8, 2024 [1][2]. Group 1: Allegations and Impact - 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 products from Monolithic's largest customer, Nvidia, which utilized these components [2]. - It is alleged that Monolithic failed to adequately address known issues affecting the performance of its power management solutions supplied to Nvidia, leading to irreparable damage to their relationship [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until April 7, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3]. - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees, with no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Monolithic Power Systems Inc. Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – MPWR
GlobeNewswire News Room· 2025-03-31 17:14
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].
Shareholders that lost money on Monolithic Power Systems Inc.(MPWR) should contact The Gross Law Firm about pending Class Action - MPWR
Prnewswire· 2025-03-31 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Monolithic Power Systems Inc. regarding a class action lawsuit due to alleged misleading statements and quality control issues affecting the company's products [1][2]. Group 1: Allegations and Issues - The class period for the allegations is from February 8, 2024, to November 8, 2024 [2]. - Allegations include 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 products from Monolithic's largest customer, Nvidia, and the relationship between Monolithic and Nvidia has been irreparably damaged [2]. Group 2: Shareholder Actions - Shareholders are encouraged to register for the class action lawsuit by April 7, 2025, to potentially become lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [3]. Group 3: Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to misleading statements or omissions by companies [4].