Securities Class Action Lawsuit Filed Against Monolithic Power Systems, Inc.
RADNOR, Pa., March 1, 2025 – The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities class action lawsuit has been filed against Monolithic Power Systems, Inc. (Monolithic) on behalf of investors who purchased or otherwise acquired Monolithic common stock between February 8, 2024, and November 8, 2024, inclusive (the “Class Period”).
Monolithic Power Systems, Inc. is a semiconductor company that designs, develops, and markets solutions for power management and power conversion. The company’s products are used in various applications, including industrial, automotive, mobile, computing, and consumer markets.
Allegations in the Lawsuit
The complaint alleges that Monolithic and certain of its executive officers made false and misleading statements and failed to disclose material adverse facts about the company’s business, operations, and financial condition. Specifically, the complaint alleges that Monolithic failed to disclose that:
- It was experiencing production issues with certain of its power management integrated circuits;
- Its financial results were negatively impacted by these production issues;
- It was experiencing delays in the development of new products;
- Its revenue and earnings growth prospects were overstated.
As a result of these allegedly false and misleading statements, Monolithic’s stock traded at artificially inflated prices during the Class Period.
Impact on Individual Investors
If you purchased or otherwise acquired Monolithic common stock during the Class Period and suffered a loss, you may be eligible to participate in the securities class action. The securities class action seeks to recover damages on behalf of all Monolithic investors who purchased or otherwise acquired Monolithic common stock during the Class Period.
To learn more about this securities class action or to discuss your legal options, you can contact Kessler Topaz Meltzer & Check, LLP at (888) 299-0718 or via email at [email protected].
Impact on the World
The securities class action against Monolithic Power Systems, Inc. is significant because it highlights the importance of accurate and transparent disclosures by publicly traded companies. The lawsuit alleges that Monolithic failed to disclose material information about its production issues and the impact of those issues on its financial results, which may have misled investors and artificially inflated the company’s stock price.
More broadly, the lawsuit also underscores the importance of investor protection and the role of securities class actions in holding companies accountable for their disclosures. Securities class actions can provide a remedy for individual investors who have suffered losses as a result of allegedly false or misleading statements made by publicly traded companies.
Conclusion
The securities class action lawsuit filed against Monolithic Power Systems, Inc. alleges that the company failed to disclose material information about its production issues and the impact of those issues on its financial results. The lawsuit seeks to recover damages on behalf of all Monolithic investors who purchased or otherwise acquired Monolithic common stock during the Class Period. The lawsuit highlights the importance of accurate and transparent disclosures by publicly traded companies and the role of securities class actions in holding companies accountable for their disclosures.
If you purchased or otherwise acquired Monolithic common stock during the Class Period and suffered a loss, you may be eligible to participate in the securities class action. To learn more about this securities class action or to discuss your legal options, you can contact Kessler Topaz Meltzer & Check, LLP at (888) 299-0718 or via email at [email protected].
