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UCTT Investors Have Opportunity to Lead Ultra Clean Holdings, Inc. Securities Fraud Lawsuit

  • Rosen Law Firm has announced the filing of a class action lawsuit on behalf of purchasers of Ultra Clean Holdings, Inc. Securities between May 6, 2024, and February 24, 2025, inclusive.
  • The lawsuit alleges that during the class period, the defendants created a false impression regarding the demand for Ultra Clean's products and services in the domestic Chinese market.
  • Ultra Clean's reports during this period were allegedly optimistic, discussing significant growth and increased earnings potential, but failed to incorporate weaker demand, extended qualification timelines, and inventory absorption, partly due to issues faced by one of its major customers, with the semiconductor industry experiencing volatility.
  • The lawsuit claims that investors suffered damages when the true details regarding Ultra Clean's performance entered the market.
  • A lead plaintiff, who directs the litigation on behalf of other class members, must move the Court no later than May 23, 2025, and purchasers of Ultra Clean securities during the Class Period may be entitled to compensation through a contingency fee arrangement.
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The Berkshire EagleThe Berkshire Eagle
+36 Reposted by 36 other sources
Center

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NEW YORK, March 26, 2025 /PRNewswire/ -

The Bradford EraThe Bradford Era
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Center

UCTT Investors Have Opportunity to Lead Ultra Clean Holdings, Inc. Securities Fraud Lawsuit

NEW YORK, March 26, 2025 /PRNewswire/ -

·Bradford, United States
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The Bradford Era broke the news in Bradford, United States on Wednesday, March 26, 2025.
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