Faruqi & Faruqi Investigates Monolithic Power Systems Over Potential Securities Law Violations and Urges Shareholders to Contact the Firm

Faruqi & Faruqi Reminds Monolithic Power Systems Investors of the Pending Class Action Lawsuit with Deadline on May 17, 2023

New York, NY - Faruqi & Faruqi, a leading national securities law firm, reminds investors of Monolithic Power Systems, Inc. ("Monolithic Power Systems" or the "Company") of the deadline to file a lead plaintiff motion in a securities class action lawsuit filed against the Company.

The lawsuit was filed on April 5, 2023, in the United States District Court for the Northern District of California, and is captioned as "Elliott v. Monolithic Power Systems, Inc., et al., Case No. 3:23-cv-00194." The lawsuit alleges that Monolithic Power Systems and certain of its executives made false and misleading statements to the public and investors, causing the Company's stock price to drop significantly.

The deadline to file a lead plaintiff motion is May 17, 2023. Investors who purchased or acquired Monolithic Power Systems' securities between July 26, 2022 and April 4, 2023, inclusive, and have suffered losses are encouraged to contact Faruqi & Faruqi to discuss their legal rights and options.

About Faruqi & Faruqi, LLP Faruqi & Faruqi, LLP is a leading national securities law firm with over 30 years of experience in the securities industry. The firm is dedicated to protecting investors from securities fraud and negligence. The firm's attorneys have extensive experience in handling securities class actions, derivative litigation, and individual investor cases. This litigation is not related to any other case or investigation. For more information, please visit our website at www.faruqilaw.com.