Investor Counsel Urges Monolithic Power Systems, Inc. Shareholders to Seek Guidance Prior to Critical Deadline in Securities Lawsuit

ROSEN LEADING INVESTOR COUNSEL ENCOURAGES MONOLITHIC POWER SYSTEMS INC. INVESTORS TO SECURE COUNSEL

New York, New York – Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Monolithic Power Systems, Inc. (NASDAQ: MPWR) from August 4, 2020 to February 24, 2023, inclusive (the "Class Period"), of the important deadline to file their cases. A securities class action lawsuit has been filed on behalf of all persons who purchased the securities of Monolithic Power Systems, Inc. during the above-mentioned Class Period.

The lawsuit alleges that throughout the Class Period, the Company made false and misleading statements and failed to disclose material adverse facts about its business, operations, and financial results. Specifically, the lawsuit alleges that the Company's statements about its business and financial results were materially false and misleading, and that the Company had failed to adequately disclose the impact that the COVID-19 pandemic would have on its business and financial results.

On February 24, 2023, the Company announced that it would be issuing a "going concern" opinion due to the significant decline in its cash reserves and the uncertainty surrounding its ability to generate sufficient cash to fund its operations. The Company also announced that it would be reducing its workforce and implementing cost-cutting measures.

A class action lawsuit has been filed in the United States District Court for the Northern District of California. The lawsuit seeks to recover damages on behalf of all purchasers of the Company's securities during the Class Period. The lawsuit is captioned "Garcia v. Monolithic Power Systems, Inc., et al., Case No. 3:23-cv-00344-JW".

Rosen Law Firm encourages investors who purchased the securities of Monolithic Power Systems, Inc. during the Class Period to contact the firm to secure counsel. The lawsuit is filed on behalf of all persons who purchased the securities of Monolithic Power Systems, Inc. during the Class Period, and investors are encouraged to contact the firm to learn more about the lawsuit and their rights. The deadline to file the lawsuit is April 25, 2023. Investors can contact the firm by calling toll-free at 866-767-3650, or by emailing [email protected].

Rosen Law Firm represents investors worldwide, focusing exclusively on securities based litigation. The firm has secured hundreds of millions of dollars for investors in securities cases. Attorney advertising. Prior results do not guarantee a similar outcome.