Important Information for Investors: Class Action Lawsuit Against Monolithic Power Systems, Inc.
Feb. 18, 2025
Investors who purchased Monolithic Power Systems, Inc. (“Monolithic Power” or “the Company”) (NASDAQ: MPWR) securities between February 8, 2024, and November 8, 2024, inclusive (the “Class Period”), are encouraged to contact The Schall Law Firm, a national shareholder rights litigation firm, regarding a class action lawsuit. The lawsuit alleges that Monolithic Power violated §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Background
Monolithic Power Systems, Inc. is a semiconductor company that designs, develops, and markets power management, analog, and mixed-signal semiconductors for various applications. The Company’s products include voltage regulators, DC-DC converters, battery chargers, power management integrated circuits, and power management solutions for wireless and wired communications infrastructure, automotive, industrial, and consumer applications.
Allegations
The class action lawsuit alleges that Monolithic Power made false and misleading statements and failed to disclose material information during the Class Period. Specifically, the Company allegedly failed to disclose that:
- It was experiencing production issues with some of its power management products;
- These production issues were impacting its revenue growth;
- It was experiencing increased competition in the power management semiconductor market;
- Its financial guidance for the third and fourth quarters of 2024 was overstated.
Impact on Individual Investors
If you purchased Monolithic Power Systems securities during the Class Period and suffered losses, you may be eligible to recover your damages. The Schall Law Firm encourages you to contact the firm before April 7, 2025, to discuss your legal rights and potential remedies.
Impact on the World
The class action lawsuit against Monolithic Power Systems, Inc. could have significant implications for the semiconductor industry as a whole. The allegations of production issues, revenue growth concerns, and increased competition could lead to increased scrutiny of other companies in the industry. This could potentially result in more class action lawsuits, regulatory investigations, and increased volatility in the semiconductor market.
Conclusion
The class action lawsuit against Monolithic Power Systems, Inc. is a reminder for investors to be vigilant when investing in the stock market. Companies, no matter how large or well-established, can make false and misleading statements that can impact their stock prices and the investments of individual investors. If you believe you have been impacted by such actions, it’s important to seek legal advice to protect your rights and potential remedies.
For those who purchased Monolithic Power Systems securities during the Class Period, the deadline to contact The Schall Law Firm is April 7, 2025. By working together, we can help ensure that companies are held accountable for their actions and that investors are fairly compensated for their losses.
For more information about The Schall Law Firm and its pratice areas, visit www.schalllaw.com.
