Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of April 7, 2025 in Monolithic Lawsuit - MPWR
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Levi & Korsinsky law firm has announced a class action securities lawsuit against Monolithic Power Systems (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 allegedly negatively impacted products for their largest customer, Nvidia.
March 27, 2025 | 3:30 pm
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The lawsuit alleges significant product performance issues and potential misrepresentation, which could impact investor confidence and the company's relationship with Nvidia.
The lawsuit directly targets MPWR, alleging serious product performance issues and potential securities fraud. This could lead to financial penalties, reputational damage, and potential loss of key customer relationships.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100