#United States #New York #Gross Law Firm #Monolithic Power #MPWR

Important Class Action Notice for Monolithic Power Systems Inc. Shareholders

The Gross Law Firm has initiated a crucial announcement for shareholders of Monolithic Power Systems Inc. (NASDAQ: MPWR). If you acquired shares between February 8, 2024, and November 8, 2024, it is vital to pay attention to the ongoing developments regarding a securities fraud class action lawsuit. This notification is designed to inform affected shareholders of their rights and the steps they should take to ensure they are adequately represented and protected.

What This Class Action is About

According to the legal complaint, it is alleged that Monolithic Power Systems Inc. misrepresented critical information and failed to disclose significant quality issues with its products, including important voltage regulator modules and power management integrated circuits. These misstatements reportedly had a negative impact on the performance of products supplied to Nvidia, one of Monolithic's largest clients. The situation escalated to a point where the integrity of the relationship between Monolithic and Nvidia was severely compromised.

Key allegations include:

• - Failure to disclose major performance and quality control issues in their power management solutions.
• - Negative consequences and product failures affecting Nvidia, which uses Monolithic’s circuits in its products.
• - A breach of trust in the relationship due to unresolved operational problems.

Registration Deadline and Next Steps

The cutoff date for shareholders to participate in this class action as a lead plaintiff is April 7, 2025. However, it is crucial to note that potential participants do not need to qualify as lead plaintiffs in order to be part of any recovery from this litigation.

Shareholders are encouraged to register as soon as possible to protect their interests. By registering through the provided link, participants will engage with a portfolio monitoring system, ensuring they receive timely updates regarding the case's progress throughout its lifecycle. This provides transparency and maintains awareness of vital developments.

Why Choose The Gross Law Firm?

The Gross Law Firm is dedicated to defending the rights of investors who have been misled or harmed by corporate misconduct. With extensive experience in handling class action lawsuits, the firm emphasizes the importance of ethical business practices while holding corporations accountable for deceitful behavior that leads to financial loss for shareholders. The firm’s commitment lies in securing recovery for investors who find themselves impacted by misleading statements or inadequate disclosures from companies like Monolithic Power Systems.

In short, the mission of the Gross Law Firm is to advocate for investors’ rights, ensuring they can pursue justice and recover losses incurred as a result of corporate fraud.

How to Get Involved

For shareholders of Monolithic Power Systems Inc. seeking to further inquire or register, it is strongly recommended to contact The Gross Law Firm. Interested parties can reach out via phone or by visiting the firm’s website. Make sure to act promptly to secure your rights and get informed about your potential entitlements from the lawsuit.

Contact Information:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

Remember, being proactive can significantly affect the outcome of this class action, so do not hesitate to take action now.