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Kuehn Law Encourages Investors of Twist Bioscience Corporation to Contact Law Firm
Prnewswire· 2025-09-15 17:08
Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Twist Bioscience Corporation, alleging that insiders made materially false statements and failed to disclose adverse facts about the company's business and operations [1] Group 1 - The investigation is based on a federal securities lawsuit claiming that insiders at Twist Bioscience overstated the commercial viability of the company's synthetic DNA manufacturing technology [1] - The lawsuit also alleges that the company engaged in accounting fraud and used unsustainable pricing strategies to inflate its financial condition and prospects [1]
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 23, 2025 in Ultra Clean Holdings, Inc. Lawsuit - UCTT
Prnewswire· 2025-03-27 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 following the revelation of "demand softness" [2][3]. Group 1: Allegations and Impact - 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 demand without disclosing material adverse facts [2]. - On February 24, 2025, Ultra Clean reported fourth quarter and full year 2024 results, revealing "demand softness" in China, which led 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 - The class period for the lawsuit is defined as May 6, 2024, to February 24, 2025, and shareholders are encouraged to register for potential lead plaintiff appointment [2][3]. - The deadline for shareholders to seek lead plaintiff status is May 23, 2025, and there is no cost or obligation to participate in the case [3]. Group 3: Firm's Mission - The Gross Law Firm aims to protect investors' rights and seeks recovery for those who suffered losses due to deceitful practices and misleading statements by companies [4].
UCTT INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Ultra Clean Holdings, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
GlobeNewswire News Room· 2025-03-26 20:00
Core Viewpoint - A class action lawsuit has been filed against Ultra Clean Holdings, Inc. for alleged violations of federal securities laws during the specified class period [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Ultra Clean securities between May 6, 2024, and February 24, 2025 [2]. - The Complaint alleges that Ultra Clean made false and misleading statements regarding customer demand in China, faced significant ramp issues with a critical customer, and concealed inventory and demand corrections that weakened the Chinese domestic market [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Ultra Clean have until May 23, 2025, to request to be appointed as lead plaintiff in the case [4]. - Participation in any recovery does not require serving as lead plaintiff [4]. Group 3: Legal Representation - The law firm representing the investors operates on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - Bronstein, Gewirtz & Grossman, LLC has a history of recovering hundreds of millions of dollars for investors in securities fraud class actions [6].
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Ultra Clean Holdings, Inc. (UCTT) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
GlobeNewswire News Room· 2025-03-25 14:44
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]
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors It Has Filed a Complaint to Recover Losses Suffered by Purchasers of Ultra Clean Holdings, Inc. Securities and Sets a Lead Plaintiff Deadline of May 23, 2025
GlobeNewswire News Room· 2025-03-24 21:01
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].
Johnson Fistel Launches Investigation into Ultra Clean Holdings, Inc. for Potential Securities Law Violations
Globenewswire· 2025-03-10 14:25
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].