#United States #New York #Class Action #Securities Fraud #Monolithic Power

Levi & Korsinsky Alert: Class Action Lawsuit Deadline Approaching

Levi & Korsinsky, LLP, a renowned legal firm, has officially notified shareholders of Monolithic Power Systems Inc. (NASDAQ: MPWR) about an impending deadline for appointing a lead plaintiff involved in an ongoing class action lawsuit. The deadline is set for April 7, 2025, and the lawsuit centers around alleged securities fraud that occurred between February 8, 2024, and November 8, 2024.

Understanding the Lawsuit

The class action seeks to recuperate losses for investors who were negatively impacted by the alleged fraudulent activities of Monolithic Power. According to the information disclosed, the complaint argues that Monolithic concealed critical information about significant issues affecting their voltage regulator modules and power management integrated circuits. The purported defects compromised the performance of products made by Nvidia, Monolithic's largest client.

Several allegations have emerged from this lawsuit:

• - The performance and quality control issues associated with Monolithic's products were not adequately disclosed.
• - These issues allegedly had detrimental effects on Nvidia's products, affecting their market reliability.
• - Monolithic's apparent failure to rectify these known issues has been cited as a direct cause of damage to its relationship with Nvidia, raising serious concerns about the integrity of its operations.

Next Steps for Investors

If you are an investor who experienced financial losses due to these alleged misrepresentations during the specified time frame, you have the opportunity to become involved in this lawsuit. It's important to note that while serving as a lead plaintiff is an option, it is not a requirement to recover any potential damages awarded by the court.

The firm has indicated that, as a class member, you may be entitled to compensation without incurring out-of-pocket costs or fees. Engaging with the legal team is entirely free and carries no obligations.

Why Choose Levi & Korsinsky?

With over two decades of experience, Levi & Korsinsky has established a formidable reputation in securities litigation, recovering hundreds of millions of dollars for aggrieved shareholders. The firm is recognized for its expertise in complex securities issues and consistently ranks as one of the top firms in the United States, according to ISS Securities Class Action Services. This experience makes them a reliable ally for shareholders affected by corporate misconduct.

Contact Information and More Details

For Monolithic investors interested in participating, correspondences can be directed to Joseph E. Levi, Esq. at the firm's office in New York:

Levi & Korsinsky, LLP
33 Whitehall Street, 17th Floor
New York, NY 10004
Email: [email protected]
Phone: (212) 363-7500

For more details, investors can complete a submission form through the official Levi & Korsinsky website, ensuring you stay informed about your rights and recovery options.

Stay proactive—ensure your voice is heard and your interests are represented in this class action. With the deadline fast approaching, timely action could be crucial to your financial restitution.