MPS(MPWR) Prnewswire·2025-02-25 10:45Core 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 negatively impacted the performance of products from Monolithic's largest customer, Nvidia [2] - Monolithic is accused of failing to adequately address known issues affecting the performance of its power management solutions supplied to Nvidia, leading to irreparable damage in 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 serving as a lead plaintiff [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky 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]