StockNews.AI
MPWR
StockNews.AI
171 days

Kessler Topaz Meltzer & Check, LLP Encourages Monolithic Power Systems, Inc. Investors with Losses to Contact the Firm

1. A class action lawsuit has been filed against Monolithic Power Systems. 2. Claims include false statements regarding product performance and quality control issues. 3. Monolithic's relationship with Nvidia is reported to be severely damaged. 4. Investors may seek lead plaintiff status by April 7, 2025. 5. Potential undisclosed risks could lead to substantial financial and reputational harm.

5m saved
Insight
Article

FAQ

Why Very Bearish?

The lawsuit's allegations could lead to significant financial liabilities and reputational damage. Similar lawsuits in the tech sector have led to declines in stock prices for companies facing serious allegations.

How important is it?

The lawsuit raises serious concerns about Monolithic's operations and potential liabilities, directly impacting investor confidence and stock value.

Why Short Term?

Initial market reactions tend to be swift following news of lawsuits. The deadlines and issues raised may create immediate volatility as investors react.

Related Companies

NVDAQCOMINTC
RADNOR, Pa., March 1, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Monolithic Power Systems, Inc. ("Monolithic") (NASDAQ: MPWR) on behalf of those who purchased or otherwise acquired Monolithic common stock between February 8, 2024, and November 8, 2024, inclusive (the "Class Period"). The lead plaintiff deadline is April 7, 2025. CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered Monolithic losses, you may CLICK HERE or copy and paste the following link into your browser: https://www.ktmc.com/new-cases/monolithic-power-systems-inc?utm_source=PR&utm_medium=link&utm_campaign=mpwr&mktm=r You can also contact attorney Jonathan Naji, Esq. by calling (484) 270-1453 or by email at [email protected]. DEFENDANTS' ALLEGED MISCONDUCT:The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Monolithic's voltage regulator modules and power management integrated circuits were suffering from significant performance and quality control issues; (2) these defects had, in turn, negatively impacted the performance of certain products offered by Nvidia in which such products were used; (3) Monolithic had failed to adequately address and resolve known issues affecting the performance of the power management solutions Monolithic supplied to Nvidia; (4) Monolithic's relationship with Nvidia had been irreparably damaged due to the significant performance and quality control problems affecting the products it supplied to Nvidia and Monolithic's failure to adequately address such issues; and (5) as a result of the above, Monolithic was acutely exposed to material undisclosed risks of significant business, financial, and reputational harm. THE LEAD PLAINTIFF PROCESS:Monolithic investors may, no later than April 7, 2025, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation.  The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP encourages Monolithic investors who have suffered significant losses to contact the firm directly to acquire more information. CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/monolithic-power-systems-inc?utm_source=PR&utm_medium=link&utm_campaign=mpwr&mktm=r ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world.  The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com. CONTACT:Kessler Topaz Meltzer & Check, LLPJonathan Naji, Esq.(484) 270-1453280 King of Prussia RoadRadnor, PA 19087[email protected] May be considered attorney advertising in certain jurisdictions.  Past results do not guarantee future outcomes. SOURCE Kessler Topaz Meltzer & Check, LLP

Related News