Contact Levi & Korsinsky by April 7, 2025 Deadline to Join Class Action Against Monolithic Power Systems Inc.(MPWR)
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Levi & Korsinsky law firm has filed a class action securities lawsuit against Monolithic Power Systems Inc. (MPWR) alleging securities fraud between February and November 2024. The lawsuit claims the company made false statements and concealed significant performance and quality control issues with voltage regulator modules and power management integrated circuits, which negatively impacted products for their largest customer, Nvidia.
March 27, 2025 | 11:45 am
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Class action lawsuit alleges securities fraud involving product performance issues that potentially damaged relationship with Nvidia, a key customer.
The lawsuit directly targets MPWR, alleging significant misconduct that could impact investor confidence, stock valuation, and potential financial liability. The involvement of a major customer like Nvidia adds weight to the allegations.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
NEUTRAL IMPACT
Lawsuit suggests Nvidia products were negatively affected by Monolithic Power Systems' allegedly defective components.
While Nvidia is mentioned as being impacted by the alleged product issues, the lawsuit's primary focus is on MPWR, making the direct impact on NVDA less significant.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50