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.
April 13, 2025 | 12:30 pm
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Class action lawsuit alleges securities fraud, potentially impacting investor confidence and stock performance. Lawsuit claims company misrepresented Chinese market demand during fiscal year 2024.
The lawsuit directly targets UCTT, alleging securities fraud. The significant stock price drop of 28% and potential legal damages suggest negative short-term market sentiment and investor confidence.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100