Important Information for Monolithic Power Systems, Inc. (MPWR) Investors: Rosen Law Firm Announces Class Action Lawsuit and Lead Plaintiff Deadline
NEW YORK, March 09, 2025
Rosen Law Firm, a global investor rights law firm, alerts 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. The lawsuit seeks to recover damages for Monolithic Power Systems investors under the Securities Exchange Act of 1934.
Background
Monolithic Power Systems, Inc. is a leading designer and manufacturer of high-performance, analog and mixed-signal semiconductor solutions for power management and power conversion applications. The Company’s products are used in various industries, including industrial, automotive, computing, consumer electronics, and telecommunications.
Allegations
The complaint alleges that Monolithic Power Systems and certain of its top executives made false and/or misleading statements and/or failed to disclose: (1) that the Company’s financial statements for the quarters ended June 25, 2024, and September 24, 2024, contained material errors; (2) that the Company’s internal controls over financial reporting were inadequate; and (3) that, as a result of the foregoing, the Company’s financial statements were not accurate and could not be relied upon.
Impact on Individual Investors
If you purchased Monolithic Power Systems common stock during the Class Period, you may be entitled to compensation without incurring any out-of-pocket costs or being required to serve as a class representative. To participate in this class action lawsuit, you must have purchased Monolithic Power Systems securities during the Class Period and must have suffered a loss. The lead plaintiff deadline is April 7, 2025. To obtain additional information regarding the lawsuit, contact Mark D. DeCicco of Rosen Law Firm at 866-767-3653 or by email at [[email protected]](mailto:[email protected]).
- If you purchased Monolithic Power Systems securities during the Class Period and suffered a loss, you may be entitled to compensation.
- The lead plaintiff deadline is April 7, 2025.
Impact on the World
The lawsuit against Monolithic Power Systems could have significant implications for the semiconductor industry, particularly in the areas of power management and power conversion. The allegations of financial misstatements and inadequate internal controls could lead to increased scrutiny of other companies in the industry and potentially impact investor confidence. Additionally, the outcome of the lawsuit could result in financial damages for Monolithic Power Systems and its executives, which could have ripple effects on the broader market.
- The lawsuit against Monolithic Power Systems could lead to increased scrutiny of other companies in the semiconductor industry.
- The outcome of the lawsuit could result in financial damages for Monolithic Power Systems and its executives.
Conclusion
Rosen Law Firm encourages Monolithic Power Systems investors to contact the firm before the lead plaintiff deadline to ensure their rights are protected. The lawsuit alleges significant misstatements and inadequate internal controls, which could have serious implications for the semiconductor industry and investor confidence. For more information, please contact Mark D. DeCicco of Rosen Law Firm at 866-767-3653 or by email at [[email protected]](mailto:[email protected]).
Disclaimer: This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Rosen Law Firm is not licensed or authorized to practice law in any jurisdiction outside of the United States of America. Therefore, the material in this press release may not be construed as providing legal advice or creating an attorney-client relationship.
