Class Action Filed Against Ultra Clean Holdings, Inc. (UCTT) Seeking Recovery for Investors - Contact Levi & Korsinsky
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A class action securities lawsuit has been filed against Ultra Clean Holdings, Inc. (UCTT) alleging securities fraud between May 6, 2024, and February 24, 2025. The lawsuit claims the company provided overly positive statements about demand in the Chinese market while concealing material adverse facts. On February 24, 2025, UCTT revealed 'demand softness' in China, causing its stock price to drop over 28% in a single day.
March 26, 2025 | 11:30 pm
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Class action lawsuit alleges securities fraud, potentially impacting investor confidence and stock performance
The lawsuit and significant stock price drop suggest serious investor concerns about the company's transparency and market performance in China
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100