Ultra Clean (UCTT)
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Levi & Korsinsky Reminds Ultra Clean Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 23, 2025 - UCTT
Prnewswire· 2025-05-06 09:45
Core Viewpoint - A class action securities lawsuit has been filed against Ultra Clean Holdings, Inc. due to alleged securities fraud that affected investors between May 6, 2024, and February 24, 2025 [1] Group 1: Lawsuit Details - The lawsuit claims that Ultra Clean's executives provided misleading information regarding the demand for the company's products in the Chinese market, falsely reporting increased demand and revenue while concealing issues such as customer ramp problems and inventory corrections [2] - On February 24, 2025, Ultra Clean disclosed "demand softness" in China during its earnings call, leading to a significant stock price drop from $36.06 to $25.90, a decline of over 28% in one day [2] Group 2: Investor Actions - Investors who suffered losses during the specified timeframe have until May 23, 2025, to request to be appointed as lead plaintiff in the lawsuit, although participation does not require serving in this role [3] - Class members may be entitled to compensation without any out-of-pocket costs or fees [3] Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the U.S. [4]
Levi & Korsinsky Reminds Ultra Clean Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 23, 2025 – UCTT
GlobeNewswire News Room· 2025-05-05 17:47
Core Viewpoint - A class action securities lawsuit has been filed against Ultra Clean Holdings, Inc. due to alleged securities fraud impacting investors between May 6, 2024, and February 24, 2025 [1][2]. Group 1: Allegations and Company Performance - The lawsuit claims that Ultra Clean misled investors about the demand for its products in the Chinese market, falsely reporting increased demand and revenue growth while concealing issues such as customer ramp problems and inventory corrections [2]. - On February 24, 2025, Ultra Clean reported its fourth quarter and full year 2024 results, revealing "demand softness" in China, which led to a significant stock price drop of over 28%, from $36.06 to $25.90 per share in one day [2]. Group 2: Legal Proceedings and Investor Actions - Investors who suffered losses during the specified period have until May 23, 2025, to request appointment as lead plaintiff in the lawsuit, with no costs or obligations to participate [3]. - The law firm Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [4].
SHAREHOLDER ALERT: Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against Ultra Clean Holdings, Inc. (NASDAQ: UCTT)
GlobeNewswire News Room· 2025-05-05 16:15
NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, announces that a complaint has been filed in the United States District Court for the Northern District of California 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, alleging violations of the Securities Exchange Act of 1934 against t ...
Shareholders of Ultra Clean Holdings, Inc. Should Contact The Gross Law Firm Before May 23, 2025 to Discuss Your Rights - UCTT
Prnewswire· 2025-05-05 09:45
NEW YORK, May 5, 2025 /PRNewswire/ -- 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=146600&from=4CLASS PERIOD: May ...
Ultra Clean Holdings: A Downgraded Outlook Further Clouds The Road Ahead
Seeking Alpha· 2025-05-02 12:17
Core Insights - Ultra Clean Holdings (NASDAQ: UCTT) experienced a sell-off following the release of its Q1 FY2025 report on April 28, which included a downgrade of its FY2025 outlook [1] Company Summary - UCTT is a supplier of critical subsystems and ultra-high purity cleaning services specifically for the semiconductor industry [1]
Investors in Ultra Clean Holdings, Inc. Should Contact Levi & Korsinsky Before May 23, 2025 to Discuss Your Rights - UCTT
Prnewswire· 2025-05-02 09:45
NEW YORK, May 2, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Ultra Clean Holdings, Inc. ("Ultra Clean" or the "Company") (NASDAQ: UCTT) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ultra Clean investors who were adversely affected by alleged securities fraud between May 6, 2024 and February 24, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/ultra-clean-holding ...
UCTT INVESTOR ALERT: Kirby McInerney LLP Reminds Ultra Clean Holdings, Inc. Investors of Looming Lead Plaintiff Deadline in Class Action Lawsuit
GlobeNewswire News Room· 2025-05-02 00:00
Core Viewpoint - A federal securities class action has been filed against Ultra Clean Holdings, Inc. due to undisclosed material information regarding demand from Chinese OEMs during the fiscal year 2024, leading to significant stock price decline [1][3][4]. Company Summary - Ultra Clean Holdings, Inc. experienced a notable decline in stock price, dropping approximately 28% from $36.06 to $25.90 following the announcement of "demand softness" in China on February 24, 2025 [3]. - The company faced decreased demand attributed to extended qualification timelines and inventory absorption in the Chinese market [3]. Legal Action Summary - The law firm Kirby McInerney LLP is notifying investors of a deadline on May 23, 2025, to seek the role of lead plaintiff in the class action lawsuit [1]. - The complaint alleges that Ultra Clean failed to disclose critical information regarding elevated demand from Chinese OEMs and the domestic market throughout fiscal year 2024 [4].
Ultra Clean Holdings: Consider Buying The Dip After Tepid Q1 Results
Seeking Alpha· 2025-05-01 16:09
Company Overview - Ultra Clean Holdings, Inc. (NASDAQ: UCTT) develops and supplies critical subsystems, components, parts, and ultra-high purity cleaning and analytical services primarily for the semiconductor industry [1] Market Performance - UCTT has experienced a significant drop in its stock price, reflecting broader trends in the semiconductor industry [1]
The Gross Law Firm Reminds Ultra Clean Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 23, 2025 - UCTT
Prnewswire· 2025-05-01 09:45
Core Viewpoint - The article discusses a class action lawsuit against Ultra Clean Holdings, Inc. (NASDAQ: UCTT) due to allegations of misleading statements regarding demand for its products in the Chinese market, leading to significant stock price decline [2][3]. Group 1: Allegations and Demand Issues - The lawsuit alleges that Ultra Clean's executives provided investors with overly positive information about demand from Chinese OEMs and the domestic market, claiming increased revenue and doubling demand without indicating any potential issues [2]. - It was revealed that the company faced a "customer ramp issue" and inventory corrections, which contributed to a decline in demand in China, contradicting earlier statements [2]. - Following the release of the fourth quarter and full year 2024 fiscal results on February 24, 2025, Ultra Clean acknowledged "demand softness" in China, leading to a dramatic stock price drop from $36.06 to $25.90, a decline of over 28% in one day [2]. Group 2: Class Action Details - Shareholders who purchased UCTT shares between May 6, 2024, and February 24, 2025, are encouraged to register for the class action, with a deadline of May 23, 2025, to seek lead plaintiff status [3]. - Registered shareholders will receive updates through a portfolio monitoring software regarding the case's progress, with no cost or obligation to participate [3]. - The Gross Law Firm, which is leading the class action, aims to protect investors' rights and ensure accountability for misleading business practices [4].
Ultra Clean Holdings, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; May 23, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-04-29 22:20
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, April 29, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Ultra Clean Holdings, Inc. ("Ultra Clean" or the "Company") (NASDAQ: UCTT) investors of a class action representing investors that bought securities between May 6, 2024 and February 24, 2025, inclusive (the "Class Period"). Ultra Clean investors have until May 23, 2025 to file a lead plaintiff motion. Investors are encouraged to contact attorn ...