Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of Ultra Clean Holdings, Inc. securities, alleging that the company misrepresented its market demand and growth potential during the class period from May 6, 2024, to February 24, 2025 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that Ultra Clean created a false impression regarding the demand for its products in the Chinese market, leading to significant investor losses when the truth was revealed [5]. - Investors who purchased Ultra Clean securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as the Rosen Law Firm has achieved significant settlements in the past, including over $438 million for investors in 2019 [4]. - A lead plaintiff is needed to represent the class, and interested parties must move the court by May 23, 2025, to serve in this capacity [3]. Group 3: Next Steps for Investors - Investors wishing to join the class action can do so by visiting the provided link or contacting the Rosen Law Firm directly for more information [6]. - It is important to note that no class has been certified yet, and investors can choose to remain absent or select their own counsel [7].

NEW YORK, March 26, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Ultra Clean Holdings, Inc. (NASDAQ: UCTT). Shareholders who purchased shares of UCTT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/ultra-clean-holdings-inc-loss-submission-form/?id=138519&from=3 CLASS ...

NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the securities of Ultra Clean Holdings, Inc. (“Ultra Clean” or the “Company”) (NASDAQ: UCTT) between May 6, 2024 and February 24, 2025, inclusive. For more information, submit a form at Ultra Clean Holdings, Inc. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@be ...

Core Points - A shareholder class action lawsuit has been filed against Ultra Clean Holdings, Inc. alleging that the company misled investors about the demand for its products and services in the domestic Chinese market during the 2024 fiscal year [1] - The lawsuit specifically targets investors who purchased shares of Ultra Clean between May 6, 2024, and February 24, 2025, and experienced significant losses [2] - The deadline for investors to request to be appointed as lead plaintiff in the case is May 23, 2025 [3] Company Information - Holzer & Holzer, LLC is representing the shareholders in this litigation and has a history of recovering hundreds of millions of dollars for investors affected by corporate misconduct [3] - The firm has been recognized as an ISS top-rated securities litigation law firm for the years 2021, 2022, and 2023 [3]

LOS ANGELES, March 25, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Ultra Clean Holdings, Inc. ("Ultra Clean" or "the Company") (NASDAQ: UCTT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between May 6, 2024 and February 24, 2025, inclusive (the "Class ...

Core Viewpoint - A class action lawsuit has been filed against Ultra Clean Holdings, Inc. for allegedly misleading investors about the demand for its products in China during a specified period [1][2]. Group 1: Allegations and Company Performance - The lawsuit claims that Ultra Clean Holdings misrepresented its knowledge regarding the demand for its products in the Chinese market, leading to a false impression of reliable growth and earnings potential [2]. - The company's optimistic reports did not account for declining demand due to issues faced by a major customer, extended qualification timelines, and inventory absorption, particularly in the volatile semiconductor industry [2]. - On February 24, 2025, Ultra Clean reported "demand softness" in China during its fourth quarter and full year 2024 earnings call, which resulted in a significant stock price drop from $36.06 to $25.90, a decline of over 28% [3]. Group 2: Legal Proceedings and Shareholder Actions - Shareholders interested in participating in the class action must file their papers by May 23, 2025, to serve as lead plaintiff, representing other class members [4]. - Shareholders are not required to participate in the case to be eligible for recovery, and they can choose to remain absent class members [4]. Group 3: Company Background - Robbins LLP, the firm leading the class action, has been active in shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [5].

Group 1 - The Ultra Clean Holdings, Inc. class action lawsuit alleges that the company and its executives made false statements regarding the demand for their products in the Chinese market, leading to misleading impressions of growth and earnings potential [3][4] - The lawsuit claims that on February 24, 2025, Ultra Clean reported financial results indicating "demand softness" in China, resulting in a stock price drop of over 28% [4] - The class action lawsuit allows investors who purchased Ultra Clean securities during the specified period to seek appointment as lead plaintiff, representing the interests of the class [5] Group 2 - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6] - The firm has been recognized for securing the most monetary relief for investors in securities class action cases, ranking 1 in the ISS Securities Class Action Services rankings for four out of the last five years [6]

Core Viewpoint - A class action lawsuit has been initiated against Ultra Clean Holdings, Inc. due to alleged misrepresentation of demand for its products in the Chinese market, leading to significant stock price decline following the release of disappointing fiscal results for 2024 [1][2][3]. Group 1: Lawsuit Details - The lawsuit, Ofir Schweiger v. Ultra Clean Holdings, Inc., was filed in the United States District Court for the Northern District of California, targeting investors who acquired Ultra Clean securities between May 6, 2024, and February 24, 2025 [1]. - Investors are encouraged to seek information regarding the lawsuit and their rights, with a deadline of May 23, 2025, to request lead plaintiff status [4]. Group 2: Company Performance and Market Conditions - Ultra Clean faced "demand softness" in China, attributed to extended qualification timelines and inventory absorption, which was not disclosed to investors prior to the earnings call [2][3]. - Following the announcement of these issues on February 24, 2025, Ultra Clean's stock price plummeted from $36.06 to $25.90, marking a decline of over 28% in one day [3].

Core Viewpoint - Johnson Fistel, LLP is investigating Ultra Clean Holdings, Inc. for potential violations of securities laws related to misrepresentation or failure to disclose information to investors, focusing on investor losses and recovery options under federal securities laws [1][4]. Company Performance - On February 24, 2025, Ultra Clean reported its financial results for Q4 and full-year 2024, acknowledging a slowdown in its "in China, for China" business, which is expected to lead to flat or declining performance in the first half of 2025 [4]. - The company attributed the slowdown to weaker demand, longer qualification times, and excess inventory from semiconductor and semiconductor capital equipment customers [4]. - Despite these challenges, Ultra Clean stated it can still supply Chinese semiconductor customers on the restricted export list by producing and engineering products within China [4].

Company Leadership Change - Jim Scholhamer has resigned as CEO of Ultra Clean Holdings, Inc. for personal health reasons, effective immediately [1] - Clarence Granger, the Chairman of the Board and founding CEO, will serve as interim CEO while a search committee is formed for a permanent replacement [1] Executive Background - Clarence Granger has been a member of UCT's Board of Directors since May 2002 and has extensive experience within the company, having served in various roles including COO and CEO [2] - Granger's leadership is recognized for his deep knowledge of UCT's business, strategy, and operations, as well as his global network of relationships [2] Company Performance and Strategy - Under Jim Scholhamer's leadership, UCT experienced significant growth during semiconductor cycles and the global pandemic, building a strong team to support growth strategies [3] - UCT has diversified its portfolio, expanding offerings to support all stages of industry growth, including fab construction and equipment servicing [3] - The company is well-positioned to meet increasing demand with operational excellence and high-quality products and services [3] Company Overview - Ultra Clean Holdings, Inc. is a leading developer and supplier of critical subsystems and services for the semiconductor industry, including ultra-high purity cleaning and analytical services [5] - The company offers integrated outsourced solutions for major subassemblies and high-precision manufacturing [5]