Core Viewpoint - Monolithic Power Systems Inc. is facing a class action securities lawsuit due to alleged securities fraud impacting 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 affected the performance of products from Monolithic's largest customer, Nvidia, leading to a negative impact on their relationship [2] - Monolithic is accused of failing to adequately address known issues that affected the performance of their power management solutions supplied to Nvidia [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 this [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 has extensive expertise in complex securities litigation [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]
April 7, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against MPWR