MPWR Investor Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Lawsuit Filed Against Monolithic Power Systems, Inc. (MPWR)
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A securities class action lawsuit has been filed against Monolithic Power Systems (MPWR) alleging false statements and undisclosed issues with voltage regulator modules and power management integrated circuits supplied to Nvidia. The lawsuit covers the period from February 8, 2024, to November 8, 2024, with a lead plaintiff deadline of April 7, 2025.
March 24, 2025 | 6:00 pm
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Lawsuit alleges significant performance and quality control issues with products supplied to Nvidia, potentially damaging the company's business relationship and market reputation.
The lawsuit alleges serious product performance issues that could negatively impact MPWR's business with Nvidia, potentially leading to financial and reputational damage.
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IMPORTANCE 85
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