Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Monolithic Power Systems, Inc. (“Monolithic”) (NASDAQ: MPWR) common stock between February 8, 2024 and November 8, 2024, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Monolithic’ s voltage regulator modules and power management integrated circuits were suffering from significant performance and quality control issues; (2) these defects had, in turn, negatively impacted the performance of certain products offered by Nvidia in which such products were used; (3) Monolithic had failed to adequately address and resolve known issues affecting the performance of the power management solutions Monolithic supplied to Nvidia; (4) Monolithic’ s relationship with Nvidia had been irreparably damaged due to the significant performance and quality control problems affecting the products it supplied to Nvidia and Monolithic’ s failure to adequately address such issues; and (5) as a result of the above, Monolithic was acutely exposed to material undisclosed risks of significant business, financial, and reputational harm.
Current Status of Case:
On August 25, 2025, the Court appointed Lead Plaintiff and Lead Counsel. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.