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Investor Alert: Kaplan Fox Investigates Monolithic Power Systems, Inc. (Nasdaq: MPWR)

NEW YORK, Oct. 10, 2019 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) has been investigating claims on behalf of investors who purchased shares of Monolithic Power Systems, Inc. ("Monolithic" or the "Company") (MPWR).

On October 9, 2019, Spruce Point Capital Management issued a report titled "Powering Down Fab-U-Less Earning."

A summary of the report stated, in part, the following: "Spruce Point has significant concerns about Monolithic Power Systems (MPWR), a designer and manufacturer of power management solutions. Despite being headquartered and publicly listed in the U.S., MPWR operates largely as a foreign company with ~90% of its production, and 58% of sales reported in China. After a close on-the-ground and forensic financial investigation, Spruce Point finds evidence that suggests $245$265m (~40%) of its sales are irreconcilable. With MPWR's shares valued among the highest in the semiconductor space, and fundamental and accounting pressures mounting, we see the potential for 75% – 85% downside risk ($21$35 per share)."

On October 9, 2019, Monolithic shares declined from a closing price on October 8, 2019 of $141.81 per share, to close at $135.15 per share, a decline of approximately 5% on heavier than average trading volume.

If you purchased Monolithic shares, and would like to discuss our investigation, please contact us by emailing jcampisi@kaplanfox.com or by calling 800-290-1952.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has decades of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com. If you have any questions about your rights or interests, please contact:

Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
E-mail: jcampisi@kaplanfox.com

Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400
San Francisco, California 94104
(415) 772-4700
Fax: (415) 772-4707
E-mail: lking@kaplanfox.com

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