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 contacting the law firm or visiting their website [3][6]. - The deadline to move the Court to serve as lead plaintiff is April 7, 2025, and a lead plaintiff represents other class members in directing the litigation [3]. Group 2: Case Allegations - The lawsuit alleges that Monolithic Power Systems made materially false and misleading statements regarding their 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 [5]. - The relationship between Monolithic Power Systems and Nvidia was claimed to be irreparably damaged due to these performance and quality control problems, exposing the company to undisclosed risks of significant business, financial, and reputational harm [5].
ROSEN, LEADING INVESTOR COUNSEL, Encourages Monolithic Power Systems, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – MPWR