Ultra Clean Holdings, Inc. Stockholder News: Robbins LLP Reminds Investors of the Class Action Lawsuit Against UCTT

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, leading to significant stock price decline following the revelation of "demand softness" in the market [1][2][3]. Group 1: Allegations and Impact - The lawsuit claims that Ultra Clean created a false impression of reliable demand information for its products in China, failing to disclose issues faced by a major customer and the impact of extended qualification timelines and inventory absorption [2]. - Following the announcement of decreased demand in China on February 24, 2025, Ultra Clean's stock price dropped from $36.06 to$25.90, representing a decline of over 28% [3]. Group 2: Legal Proceedings - Shareholders interested in participating as lead plaintiffs in the class action must file their papers by May 23, 2025, although participation is not required to be eligible for recovery [4]. - Robbins LLP, the firm handling the case, operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless a recovery is achieved [5].