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MPWR SHAREHOLDER ALERT: Hagens Berman Notifies Investors in Monolithic Power Systems (MPWR) of an Investigation Involving Possible Securities Law Violations

Published: 2019-10-10 00:06:00 ET

SAN FRANCISCO, Oct. 9, 2019 /PRNewswire/ -- Hagens Berman notifies Monolithic Power Systems, Inc. (NASDAQ: MPWR) investors of the firm's investigation of possible violations of the federal securities laws.

Monolithic Power Systems, Inc. (MPWR) Investigation:

The investigation centers on whether Monolithic Power engaged in fraudulent accounting.

On October 9, 2019, Spruce Point Capital Management published a scathing report about the company, suggesting Monolithic Power Systems engaged in improper inventory manipulation and overstated sales.

In response, the price of Monolithic Power Systems shares steeply fell during intraday trading on October 9, 2019.

"We're focused on investors' losses and whether Monolithic Power violated Generally Accepted Accounting Principles," said Reed Kathrein, the Hagens Berman partner leading the investigation.

Whistleblowers: Persons with non-public information regarding Monolithic Power Systems should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 510-725-3000 or email MPWR@hbsslaw.com.

About Hagens BermanHagens Berman is a national law firm with nine offices in eight cities around the country and eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.

Contact:Reed Kathrein, 510-725-3000

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SOURCE Hagens Berman Sobol Shapiro LLP

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.