Levi & Korsinsky Reminds Ultra Clean Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 23, 2025 - UCTT

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]