Monolithic Power Systems, Inc. (MPWR) Investors: April 7, 2025 Filing Deadline in Securities Class Action

RADNOR, Pa., March 20, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that a securities class action lawsuit has been filed in the United States District Court for the Western District of Washington against Monolithic Power Systems, Inc. ("Monolithic") (NASDAQ: MPWR). This lawsuit represents individuals who purchased or otherwise acquired Monolithic common stock during the specified period from February 8, 2024, to November 8, 2024 (the "Class Period"). The deadline for lead plaintiffs is April 7, 2025.

For further information, you can contact attorney Jonathan Naji, Esq. at (484) 270-1453 or via email at [email protected].

Details of the Allegations

The complaint details several serious allegations against Monolithic. It claims that throughout the Class Period, the Defendants made false or misleading statements and failed to disclose critical information. Among the claims are: (1) Monolithic's voltage regulator modules and power management integrated circuits were facing substantial performance and quality control issues; (2) these issues adversely affected the performance of certain products offered by Nvidia, which utilized Monolithic's components; (3) Monolithic did not adequately address the known problems with their power management solutions supplied to Nvidia; (4) the relationship between Monolithic and Nvidia suffered irreparable harm because of these ongoing performance and quality control issues; and (5) as a result of these factors, Monolithic faced significant undisclosed risks that could harm its business, finances, and reputation.

The Process for Becoming a Lead Plaintiff

Investors of Monolithic may seek to become a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other legal counsel by April 7, 2025. Alternatively, investors may choose not to engage and remain as absent class members. A lead plaintiff takes action on behalf of all class members in directing the litigation and is usually the individual or small group of investors with the largest financial stake who can also adequately represent the class. This lead plaintiff will select legal counsel to advocate for their interests and those of the entire class, pending court approval. Importantly, the decision to serve as a lead plaintiff does not impact your share in any potential recovery.

Kessler Topaz Meltzer & Check, LLP encourages all Monolithic investors who believe they have suffered significant losses to reach out for more information and assistance.

To participate in the case, you can click here or visit the provided link.

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions in various courts across the United States and internationally. The firm has earned a strong reputation for its efforts, having recovered billions of dollars for individuals affected by fraud and corporate misconduct. The firm's mission focuses on safeguarding investors, consumers, employees, and others from business-related fraud, abuse, misconduct, and negligence. It is worth noting that the complaint in this case was not filed by Kessler Topaz Meltzer & Check, LLP. For additional information about the firm, please visit their website.

Contact Information

Kessler Topaz Meltzer & Check, LLP
Jonathan Naji, Esq.
(484) 270-1453
280 King of Prussia Road
Radnor, PA 19087
[email protected]

lawsuit, investors, classaction