MPS(MPWR) Prnewswire·2025-02-24 14:40Core Viewpoint - A securities class action lawsuit has been filed against Monolithic Power Systems, Inc. for alleged misleading statements and undisclosed performance issues affecting its products and relationship with Nvidia [1][2]. Allegations Against Defendants - 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 certain Nvidia products that utilized Monolithic's components [2]. - Monolithic allegedly failed to adequately address known issues affecting its power management solutions supplied to Nvidia [2]. - The relationship between Monolithic and Nvidia is said to have been irreparably damaged due to these performance and quality control problems [2]. - As a result of these issues, Monolithic is exposed to material undisclosed risks that could lead to significant business, financial, and reputational harm [2]. Lead Plaintiff Process - Investors in Monolithic have until April 7, 2025, to seek appointment as a lead plaintiff representative of the class [3]. - A lead plaintiff acts on behalf of all class members and typically has the largest financial interest in the case [3]. - Investors can choose to remain absent from the process without affecting their ability to share in any recovery [3].