Class Action Filed Against Monolithic Power Systems Inc. (MPWR) - April 7, 2025 Deadline to Join - Contact Levi & Korsinsky
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A class action securities lawsuit has been filed 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 | 2:45 pm
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The class action lawsuit alleges significant product performance issues that could damage MPWR's relationship with Nvidia and potentially impact future business prospects.
The lawsuit alleges serious product performance issues that could harm MPWR's reputation, potentially damaging its relationship with a key customer (Nvidia) and creating financial and legal risks.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
While not a direct defendant, Nvidia is mentioned as the largest customer potentially affected by alleged performance issues with MPWR's components.
Nvidia is peripherally mentioned as the customer experiencing product performance issues, but the direct legal action is against Monolithic Power Systems.
CONFIDENCE 60
IMPORTANCE 40
RELEVANCE 50