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Investors Urged to Act on Monolithic Power Systems Class Action

In an important reminder for investors, Robbins LLP has announced the launch of a class action lawsuit on behalf of stockholders who purchased shares of Monolithic Power Systems Inc. (NASDAQ: MPWR) between February 8, 2024, and November 8, 2024. Monolithic Power Systems is widely recognized for supplying essential power management components utilized in a variety of electronic systems, but recent events have raised significant concerns about its business practices and product quality.

The Allegations Against Monolithic Power Systems

The allegations in the complaint indicate that the company may have misled investors during this period by not disclosing critical information regarding its product performance and quality control issues. Specific concerns outlined include:

• - Monolithic's voltage regulator modules and power management integrated circuits were reportedly experiencing substantial performance deficits and quality control problems.
• - Defects in these components have adversely affected products supplied to Nvidia, a major customer of Monolithic.
• - The company's failure to adequately address these known issues has led to a deteriorated relationship with Nvidia, with reputational consequences.
• - As a direct result of these factors, Monolithic was allegedly exposed to unknown risks that could lead to significant business and financial harm.

When the true nature of these issues came to light, the price of Monolithic stock plummeted by more than 30%, dropping from a class period high of over $959 per share down to approximately $647 by the end of the affected time frame.

What Investors Should Do

Investors who were part of this class action period may be eligible to participate in the lawsuit against Monolithic Power Systems Inc. If you believe you have a case, it is recommended that you file necessary papers with the court by April 7, 2025, to take on the role of lead plaintiff. This position allows shareholders to act on behalf of other class members and provide guidance during the litigation process.

However, being part of the suit is not a requirement for recovering potential losses. Shareholders who wish to retain their status can choose not to take any action and remain as absent class members.

All representation costs will be covered under a contingency fee arrangement, meaning shareholders will not incur any fees unless there is a successful recovery.

About Robbins LLP

Robbins LLP has established itself as a leader in shareholder rights litigation since its inception in 2002. The firm is committed to safeguarding investors’ interests, ensuring corporate governance, and holding company executives accountable for their actions. With a strong track record in helping shareholders recover losses, Robbins LLP is ready to assist investors affected by this situation.

For more information, investors are encouraged to submit a form on the Robbins LLP website, reach out via email to attorney Aaron Dumas, Jr., or call them at (800) 350-6003. Additionally, those interested in receiving alerts regarding the outcomes of this class action or similar alerts about corporate executive misconduct can subscribe to their Stock Watch service.

Investors should remain informed about their rights and options following any significant changes impacting investments, especially in a landscape where corporate accountability is crucial.