Shareholders that lost money on Monolithic Power Systems Inc.(MPWR) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
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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 that negatively impacted Nvidia's product performance.
March 28, 2025 | 2:45 pm
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The class action lawsuit alleges significant product performance issues that potentially damaged the company's relationship with key customer Nvidia, which could impact future business prospects.
The lawsuit directly targets MPWR, alleging serious product performance issues that could harm its reputation, customer relationships, and potentially lead to financial damages. The involvement of a major customer like Nvidia increases the potential negative impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100