Monolithic Power Systems, Inc. (NasdaqGS: MPWR)

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Monolithic Power Systems, Inc. (NasdaqGS: MPWR) (“Monolithic” or the “Company”).

On November 11, 2024, Edgewater Research analysts published a report revealing that Nvidia, the Company’s largest customer, had cancelled half of its outstanding Monolithic Power orders and intended to eliminate Monolithic Power Systems’ allocation to most variants of its next-generation Blackwell chips due to “[p]erformance issues” with the Company’s products, and that Nvidia engineers had “lost confidence” in the Company’s products and decided to turn to its competitors as “primary suppliers.”

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period in violation of federal securities laws, which remains ongoing.

KSF’s investigation is focusing on whether Monolithic’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Monolithic shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or fill out the form on this page.