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 | 11:15 pm
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Class action lawsuit alleges securities fraud with potential financial and reputational damage for Ultra Clean Holdings, focusing on misrepresentations about Chinese market demand.
The lawsuit directly targets UCTT, alleging securities fraud by misrepresenting market conditions. The significant stock price drop and potential legal penalties suggest negative short-term impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100