Class Action Filed Against Ultra Clean Holdings, Inc. (UCTT) - May 23, 2025 Deadline to Join - 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 to drop over 28% in a single day.
April 07, 2025 | 7:00 pm
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The class action lawsuit alleges UCTT misrepresented its performance in the Chinese market, potentially exposing the company to significant legal and financial risks.
The lawsuit directly targets UCTT, alleging securities fraud. The stock already experienced a significant 28% drop, and potential legal settlements could further impact financial performance and investor confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100