We are investigating Monolithic Power Systems, Inc. (MPWR) (“Monolithic” or the “Company”) for potential violations of the federal securities laws.
On October 9, 2019, Spruce Point Capital Management (“Spruce Point”) published a report concerning Monolithic, suggesting that the Company had engaged in improper inventory manipulation and overstated sales. Following publication of the Spruce Point report, Monolithic’s stock price fell $6.66 per share, or 4.7%, to close at $135.15 on October 9, 2019.