#United States #New York #Class Action #Monolithic Power #MPWR

Monolithic Power Systems Investors Targeted in Class Action

Levi & Korsinsky, a prominent law firm, has officially notified investors of Monolithic Power Systems Inc. about an ongoing class action lawsuit. This action seeks to address grievances related to alleged securities fraud occurring between February 8, 2024, and November 8, 2024. Investors affected by the alleged misconduct may have a chance to recover their losses as the firm aims to hold accountable those responsible for the downturn.

The allegations at the core of this lawsuit highlight that Monolithic's voltage regulator modules, along with its power management integrated circuits, have experienced significant performance and quality control failures. These defects have reportedly impacted the performance of products from Monolithic’s largest customer, Nvidia. Specifically, it has been claimed that Monolithic failed to adequately resolve known issues affecting their power management solutions supplied to Nvidia, leading to a deterioration in their business relationship, which may have irreversibly harmed Monolithic's standing with Nvidia.

Upcoming Deadlines and Your Rights

If you have suffered financial losses related to your investment in Monolithic Power Systems during the relevant time frame, you have until April 7, 2025, to step forward and request the court to appoint you as a lead plaintiff in this case. It's crucial to note that you don’t need to be a lead plaintiff to potentially share in any resulting compensation.

Levi & Korsinsky assures that class members might be entitled to compensation without any out-of-pocket expense or fees. This presents a unique opportunity for affected investors to seek restitution for their losses without financial risk on their part.

Why Choose Levi & Korsinsky?

With over two decades of experience, Levi & Korsinsky has established a robust track record of recovering financial damages for shareholders. The firm has successfully represented investors in complex securities litigations, managing to secure hundreds of millions of dollars for clients over the years. Its dedication to representing aggrieved shareholders has earned it a reputation as one of the top securities litigation firms in the United States, as recognized in ISS Securities Class Action Services' Top 50 Report.

As a part of this ongoing class action, investors are encouraged to reach out to the firm directly to discuss their rights and potential for recovery. Investors can get in contact via email at [email protected] or call (212) 363-7500. Additionally, essential information can be found on their official website: www.zlk.com.

Conclusion

For investors feeling the financial impact of Monolithic's alleged mismanagement, this class action lawsuit, led by Levi & Korsinsky, offers a pathway to recovery. It serves as a reminder of the ongoing commitment to investor protection and the importance of addressing corporate accountability in today's market landscape.