Class Action Lawsuit Filed Against Monolithic Power Systems, Inc.:
On March 25, 2025, The Schall Law Firm announced that it has filed a class action lawsuit against Monolithic Power Systems, Inc. (Monolithic Power or the Company) for alleged violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. The lawsuit was filed on behalf of all persons who purchased Monolithic Power securities between February 8, 2024, and November 8, 2024, inclusive (the “Class Period”).
Details of the Lawsuit:
According to the complaint, Monolithic Power made false and misleading statements to the market throughout the Class Period. Specifically, the Company issued materially false and misleading statements regarding its business, operations, and financial condition. Monolithic Power failed to disclose to investors that its financial statements were materially misstated, and that its revenue growth was primarily due to the acquisition of certain businesses, rather than organic growth.
Impact on Individual Investors:
If you are a Monolithic Power investor who purchased securities during the Class Period, your financial losses may be eligible for recovery. You may, however, have a limited time to act. The deadline to request appointment as lead plaintiff is April 7, 2025. To be a member of the class action, you need not take any action at this time. However, the Court must authorize the lead plaintiff before class certification can be granted.
Impact on the World:
The filing of this class action lawsuit against Monolithic Power Systems may have significant implications for the semiconductor industry as a whole. Monolithic Power is a leading supplier of power management and analog integrated circuits for various industries, including industrial, automotive, computing, consumer, and communications markets. The lawsuit alleges that the Company’s misstatements and omissions regarding its financial statements and revenue growth may have affected investor confidence in the semiconductor sector, which could lead to increased volatility and uncertainty in the market. Additionally, the lawsuit may encourage other investors to come forward with similar claims against other companies in the industry, potentially leading to further litigation and regulatory scrutiny.
Conclusion:
The Schall Law Firm’s class action lawsuit against Monolithic Power Systems, Inc. alleges that the Company violated securities laws by making false and misleading statements regarding its financial condition and revenue growth during the Class Period. The lawsuit may have significant implications for individual investors and the semiconductor industry as a whole. If you are a Monolithic Power investor who purchased securities during the Class Period, you may be eligible for recovery. To learn more about the lawsuit and your potential recovery options, contact The Schall Law Firm before the deadline to request appointment as lead plaintiff.
- Monolithic Power Systems, Inc. (NASDAQ: MPWR) filed a class action lawsuit for alleged securities law violations.
- The lawsuit was filed on behalf of all persons who purchased Monolithic Power securities between February 8, 2024, and November 8, 2024.
- The Company is accused of making false and misleading statements regarding its financial condition and revenue growth.
- The lawsuit may have significant implications for individual investors and the semiconductor industry as a whole.
- The deadline to request appointment as lead plaintiff is April 7, 2025.
