Rosen Law Firm Encourages Monolithic Power Systems Shareholders to Consult Legal Representation Before Impending Deadlines

Rosen Law Firm, recognized globally for its plaintiff representation, is actively exhorting investors of Monolithic Power Systems, Inc. (NASDAQ: MPWR) who have secured shares between February 22, 2023, and August 10, 2023, to seek legal counsel prior to the impending November 21, 2023 deadline. This call to action is in relation to the ongoing class action lawsuit, filed as *Wells v. Monolithic Power Systems, Inc., et al.*, case number 3:23-cv-05232 within the United States District Court for the Northern District of California.

Underlying Allegations

The litigation alleges that Monolithic Power Systems and certain of its top executives misled investors with potentially inaccurate information regarding the company’s financial well-being and revenue prospects. This misinformation, as claimed, brought about financial harm to the company’s investors.

Potential Violations of Federal Securities Laws

Critical to the lawsuit, the allegations suggest that the statements issued by Monolithic Power Systems were materially false or misleading as they either misrepresented or omitted adverse facts pertinent to the company’s operations and fiscal forecasts. These inadequately disclosed truths pertained to the disagreeable financial trajectory that Monolithic was on, which was notably condemned to significantly affect their business and stock market performance.

Legal Process and Shareholder Action

Lead Plaintiff Status: Eligible investors wishing to become principal plaintiffs must act by the November 21 deadline. This status is not mandatory for shareholders to be part of any recovery; however, it allows for an enhanced role in guiding the litigation. The Rosen Law Firm is prepared to assist investors in fulfilling their roles most effectively in this process.

About Rosen Law Firm

Rosen Law Firm stands distinguished in investor representation globally, holding a renowned record of intricately managing securities class actions. The firm’s commitment extends beyond borders, crafting a substantial narrative of accountability and protection for investor rights worldwide. Powered by an acute understanding of securities law and class action dynamics, Rosen Law Firm endeavors to secure justice and reparations for aggrieved shareholders, advocating for integrity and transparency in corporate practices.