Levi & Korsinsky Notifies Shareholders of Ultra Clean Holdings, Inc. (UCTT) of a Class Action Lawsuit and an Upcoming Deadline
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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 its Q4 2024 earnings call.
March 31, 2025 | 6:15 pm
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Class action lawsuit alleges securities fraud, potentially impacting investor confidence and stock performance
The lawsuit directly targets UCTT, alleging material misrepresentations about market demand. The 28% stock price drop and potential legal damages could negatively impact investor sentiment and stock performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100