Important Information for Monolithic Power Systems, Inc. (MPWR) Stockholders: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
NEW YORK, Feb. 27, 2025 – The Rosen Law Firm, a global investor rights law firm, reminds purchasers of Monolithic Power Systems, Inc. (NASDAQ: MPWR) common stock between February 8, 2024, and November 8, 2024, both dates inclusive (the “Class Period”), of the important April 7, 2025 lead plaintiff deadline. If you purchased Monolithic Power Systems common stock during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
What is a Class Action Lawsuit?
A class action lawsuit is a type of lawsuit that allows a large group of people with similar claims to join together in one case. In this case, Monolithic Power Systems stockholders who purchased common stock during the Class Period are joining together to assert claims against the company. The Rosen Law Firm, as the lead plaintiff’s counsel, will represent the class and seek to recover damages on their behalf.
Why was the Class Action Filed?
The complaint alleges that Monolithic Power Systems and certain of its top executives made false and misleading statements and failed to disclose material information during the Class Period, violating the Securities Exchange Act of 1934. Specifically, the complaint alleges that the defendants failed to disclose that Monolithic Power Systems was experiencing declining demand for its power management products and was facing increased competition, which would negatively impact its financial results.
What Should Monolithic Power Systems Stockholders Do?
If you purchased Monolithic Power Systems common stock during the Class Period and wish to serve as lead plaintiff, you must apply to the Court no later than April 7, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation as a class member, you need take no action at this time.
How Will This Affect Me?
If you purchased Monolithic Power Systems common stock during the Class Period and wish to be a lead plaintiff, you may be entitled to compensation for your losses. The compensation will be in the form of damages, which will be determined through the litigation process. If you are not interested in serving as lead plaintiff, you will still be able to participate in the recovery of damages if the case is successful.
How Will This Affect the World?
The outcome of this class action lawsuit could have significant implications for the semiconductor industry and investors in general. If the allegations are proven true, it could lead to increased scrutiny of other companies in the industry and potentially result in more lawsuits. It could also lead to increased transparency and disclosure requirements for publicly traded companies.
Conclusion
If you purchased Monolithic Power Systems common stock during the Class Period, you may be entitled to compensation. The Rosen Law Firm is currently accepting new cases related to this class action lawsuit and encourages you to contact them for more information. The deadline to apply to be lead plaintiff is April 7, 2025. For more information, please visit the Rosen Law Firm website or contact them directly.
- Monolithic Power Systems, Inc. (NASDAQ: MPWR)
- Class Action Lawsuit
- Lead Plaintiff Deadline: April 7, 2025
- Purchasers of Monolithic Power Systems common stock between February 8, 2024, and November 8, 2024
- Allegations of false and misleading statements and failure to disclose material information
- Compensation for losses through a contingency fee arrangement
