Investor Alert: Class Action Lawsuit Against Monolithic Power Systems Set to Start Soon

As the financial landscape continues to evolve, a critical deadline approaches for investors of Monolithic Power Systems, Inc. (NASDAQ: MPWR). Faruqi & Faruqi, LLP, a respected law firm specializing in securities litigation, is currently investigating claims on behalf of investors who may have incurred losses exceeding $75,000 between February 8, 2024, and November 8, 2024. The deadline to seek the role of lead plaintiff in this class action lawsuit is fast approaching on April 7, 2025.

Background of the Situation

Recent months have seen significant turbulence for Monolithic Power Systems as it grapples with allegations regarding the quality of its products. The firm is facing claims of federal securities law violations, including making false or misleading statements about the company’s performance and products. These claims stem from reports indicating substantial issues with the company's voltage regulator modules and power management integrated circuits, particularly concerning their performance and overall quality control.

In a shocking announcement made on October 30, 2024, Monolithic Power reported dismal quarterly revenue figures, particularly within its Enterprise Data segment. The revenue fell from $187 million to $184 million, significantly missing consensus estimates of $211 million by nearly 13%. This unexpected decline triggered a rattling of investor confidence, resulting in a stock price drop of more than 17%.

Adding to the concerning developments, a report published by Edgewater Research on November 11, 2024, revealed that Nvidia, a major client of Monolithic Power, had canceled a majority of its outstanding orders. This cancellation was attributed to serious performance issues with Monolithic Power's products, which prompted Nvidia engineers to lose faith in the efficacy of the company’s offerings.

Call to Action

As losses mount and investor sentiment continues to falter, Faruqi & Faruqi is encouraging any individuals who have suffered losses exceeding $75,000 during the specified period to contact them directly. Securities Litigation Partner James (Josh) Wilson is at the forefront of this initiative, emphasizing the urgency for investors to understand their legal rights as potential lead plaintiffs in this pivotal class action. He can be reached at 877-247-4292 or 212-983-9330 (Ext. 1310).

It is crucial for affected investors to consider the implications of this class action suit, which allows them to recover losses by joining forces with others in a similar predicament. If you believe you have relevant information regarding Monolithic Power's business practices or have been adversely affected, your story is essential. Faruqi & Faruqi also welcomes insights from whistleblowers, former employees, and shareholders who may have additional information to contribute.

Conclusion

With a significant deadline on the horizon, investors are urged to act quickly to safeguard their rights and options regarding the ongoing litigation against Monolithic Power Systems. The law firm Faruqi & Faruqi has successfully recovered substantial sums for investors in the past, and their expertise could be pivotal in navigating this complex landscape. For more information, please visit Faruqi & Faruqi's website or call their partner Josh Wilson.

This class action lawsuit serves as a reminder of the volatile nature of the investments, and it underscores the importance of being vigilant and informed as an investor.