Levi & Korsinsky Notifies Ultra Clean Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - UCTT
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Levi & Korsinsky law firm has filed a class action securities lawsuit against Ultra Clean Holdings (UCTT) alleging securities fraud between May 6, 2024 and February 24, 2025. The lawsuit claims the company misrepresented demand in the Chinese market, with stock price dropping over 28% after revealing 'demand softness' in China during their Q4 2024 earnings call.
March 26, 2025 | 5:45 pm
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Class action lawsuit alleges UCTT misled investors about Chinese market demand, potentially exposing the company to significant legal and financial risks.
The lawsuit directly targets UCTT, alleging securities fraud by misrepresenting market conditions. The significant stock price drop and potential legal penalties could negatively impact the company's financial standing and investor trust.
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