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 directly targets MPWR, alleging serious product performance issues that could harm its business relationship with a major customer (Nvidia), potentially leading to financial penalties, reputation damage, and investor uncertainty.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100