The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 23, 2025 in Ultra Clean Holdings, Inc. Lawsuit - UCTT
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The Gross Law Firm has announced a securities class action lawsuit against Ultra Clean Holdings (UCTT) alleging that the company provided misleading information about demand in the Chinese market. The lawsuit covers the period from May 6, 2024 to February 24, 2025, during which UCTT allegedly misrepresented its market conditions. On February 24, 2025, the company revealed 'demand softness' in China, causing its stock to drop over 28% in a single day.
March 27, 2025 | 10:00 am
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The securities class action lawsuit alleges UCTT misled investors about Chinese market demand, potentially impacting investor confidence and stock performance.
The lawsuit directly targets UCTT, alleging material misrepresentations about market demand. The significant stock price drop and potential legal consequences could negatively impact investor sentiment and stock performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100