MPWR Investors Have Opportunity to Lead Monolithic Power Systems, Inc. Securities Fraud Lawsuit
MPWR Investors Have Opportunity to Lead Monolithic Power Systems, Inc. Securities Fraud Lawsuit |
| [06-February-2025] |
NEW YORK, Feb. 6, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of Monolithic Power Systems, Inc. (NASDAQ: MPWR) between February 8, 2024 and November 8, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 7, 2025.
So what: If you purchased Monolithic Power Systems common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Monolithic Power Systems class action, go to https://rosenlegal.com/submit-form/?case_id=34600 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 7, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Monolithic Power Systems' voltage regulator modules and power management integrated circuits were suffering from significant performance and air quality issues; (2) these defects had, in turn, negatively impacted the performance of certain products offered by Nvidia in which such products were used; (3) Monolithic Power Systems had failed to adequately address and resolve known issues affecting the performance of the power management solutions that it supplied to Nvidia; (4) Monolithic Power Systems' relationship with Nvidia had been irreparably damaged due to the significant performance and quality control problems affecting the products it supplied to Nvidia and Monolithic Power Systems' failure to adequately address such issues; and (5) as a result of the above, Monolithic Power Systems was acutely exposed to material undisclosed risks of significant business, financial, and reputational harm. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Monolithic Power Systems class action, go to https://rosenlegal.com/submit-form/?case_id=34600 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq.
SOURCE THE ROSEN LAW FIRM, P. A. | ||
Company Codes: NASDAQ-NMS:MPWR |
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