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Events / Business / Monolithic Power Systems Securities...
Business class action lawsuit

Monolithic Power Systems Securities Fraud Lawsuit

Analysis based on 66 articles · First reported Feb 06, 2025 · Last updated Apr 04, 2025

Sentiment
-50
Attention
4
Articles
66
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The market is impacted by the class action lawsuit against Monolithic Power Systems, which alleges securities fraud and significant performance issues with its products. This could lead to a decline in Monolithic Power Systems' stock price and potentially affect Nvidia due to their damaged relationship and product performance issues.

Semiconductor Legal Services
Event Summary

A class action securities lawsuit has been filed against Monolithic Power Systems, alleging that the company made false statements and concealed significant performance and quality control issues with its voltage regulator modules and power management integrated circuits. These defects reportedly negatively impacted products offered by Monolithic Power Systems' largest customer, Nvidia, and irreparably damaged their relationship. Levi & Korsinsky is notifying investors of the lawsuit, which covers losses incurred between February 8, 2024, and November 8, 2024. Investors have until April 7, 2025, to request to be appointed as lead plaintiff.

Key Actions
100 Kessler Topaz Meltzer & Check filed lawsuit Monolithic Power Systems
100 Berger Montague filed lawsuit Monolithic Power Systems
95 Edgewater Research published report Monolithic Power Systems
95 Nvidia cancelled orders Monolithic Power Systems
91 Monolithic Power Systems made false statements
90 Levi & Korsinsky notifies investors of lawsuit Monolithic Power Systems
90 Faruqi & Faruqi investigates claims Monolithic Power Systems
85 Monolithic Power Systems damaged relationship Nvidia
70 Edgewater Research published report
Entities Involved
stock
Monolithic Power Systems
Monolithic Power Systems is the defendant in a class action lawsuit alleging securities fraud due to performance and quality control issues with its products, which negatively impacted Nvidia's products and damaged their relationship.
Importance 100.0 Sentiment -70.0
priv
Kessler Topaz Meltzer & Check
Kessler Topaz Meltzer & Check is a law firm that filed a securities class action lawsuit against Monolithic Power Systems, Inc. on behalf of investors.
Importance 80.0 Sentiment 20.0
priv
Edgewater Research
Edgewater Research analysts published a report revealing Nvidia's cancellation of orders and intention to eliminate Monolithic Power Systems' allocation for future chips due to performance issues.
Importance 40.0 Sentiment 0.0
per
Jonathan Naji
Jonathan Naji is an attorney at Kessler Topaz Meltzer & Check, serving as a contact for investors regarding the class action lawsuit.
Importance 30.0 Sentiment 10.0
govactor
United States — United States District Court for the Western District of Washington
The United States — United States District Court for the Western District of Washington is the venue where the securities class action lawsuit against Monolithic Power Systems, Inc. has been filed.
Importance 20.0 Sentiment 0.0
per
Peter Hamner
Peter Hamner is associated with Berger Montague PC, providing contact information for investors interested in the lawsuit.
Importance 10.0 Sentiment 0.0
per
Andrew Abramowitz
Andrew Abramowitz is a Senior Counsel at Berger Montague, providing contact information for investors interested in the lawsuit.
Importance 10.0 Sentiment 0.0
per
Joseph E. Levi
Importance 0.0 Sentiment 0.0
priv
Berger Montague
Importance 0.0 Sentiment 0.0
priv
Levi & Korsinsky
Importance 0.0 Sentiment 0.0
stock
Nvidia
Importance 0.0 Sentiment 0.0
priv
Faruqi & Faruqi
Importance 0.0 Sentiment 0.0
per
James Wilson
Importance 0.0 Sentiment 0.0
Relationships
Kessler Topaz Meltzer & Check related ↔ Jonathan Naji
Kessler Topaz Meltzer & Check related ↔ Joseph E. Levi
Kessler Topaz Meltzer & Check related ↔ Levi & Korsinsky
Jonathan Naji related ↔ Joseph E. Levi
Jonathan Naji related ↔ Levi & Korsinsky
Andrew Abramowitz related ↔ Berger Montague
Joseph E. Levi partner ↔ Levi & Korsinsky Joseph E. Levi is an attorney and named partner at Levi & Korsinsky, where he represents investors in securities class a
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