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

Class Action Lawsuit Filed Against Monolithic Power Systems Inc.

On March 6, 2025, the Gross Law Firm announced a significant class action lawsuit against Monolithic Power Systems Inc. (NASDAQ: MPWR). This alert is especially important for shareholders who purchased MPWR shares between February 8, 2024, and November 8, 2024. If you find yourself among these investors, it is crucial to act soon, as the deadline to join the class action is set for April 7, 2025.

What is the Class Action About?

The lawsuit revolves around allegations that Monolithic Power Systems issued false and misleading statements during the specified class period. These claims pertain to the company's voltage regulator modules and power management integrated circuits, which reportedly experienced severe performance and quality control issues. A significant customer, Nvidia, faced product performance setbacks because of these defects. The allegations suggest that Monolithic failed to effectively address and resolve these issues, thereby damaging its relationship with Nvidia—an essential partner for its business operations.

Why You Should Participate

Being part of this class action does not require you to serve as a lead plaintiff; simply registering ensures you are kept informed throughout the case. Upon registration, participants will have access to a portfolio monitoring tool that provides updates on the proceedings. This means you'll be informed about key developments related to the case's progress. Although being a lead plaintiff has its benefits, it is not a prerequisite for claiming any recovery.

How to Register

Don't miss the opportunity to register your information. Following the link provided by the Gross Law Firm, you can submit your details to ensure you are enrolled in the class action. Prompt action is crucial since the deadline for registration to pursue your potential recovery is drawing near, with only a few weeks remaining until April 7, 2025.

About the Gross Law Firm

The Gross Law Firm focuses on protecting investors’ rights and takes pride in holding corporations accountable for deceptive practices. Their mission involves seeking justice for investors who have suffered losses due to companies manipulating information and influencing stock valuations. The firm emphasizes responsible business practices and continues to fight for fairness and transparency in corporate governance.

Conclusion

In summary, if you purchased Monolithic Power Systems shares during the specified period, you may be eligible to join this class action lawsuit. Act quickly, as the April 7, 2025, deadline is fast approaching. Joining this action might not only offer you potential recovery but also contribute to holding Monolithic accountable for its alleged misconduct. For further detail, you may contact the Gross Law Firm directly via their email or phone number provided. Stay informed, protect your investments, and ensure your voice is heard.

For more information and to register, visit the Gross Law Firm's specific link here.