#USA #New York #Gross Law Firm #Ultra Clean #UCTT

Attention Ultra Clean Holdings, Inc. Shareholders

The Gross Law Firm has issued an important notice for shareholders of Ultra Clean Holdings, Inc. (NASDAQ: UCTT). This message concerns those who purchased shares of UCTT during a specified class period. The deadline to act is May 23, 2025, and affected shareholders are strongly encouraged to contact the firm to explore possible lead plaintiff appointments. It's important to note that being appointed as a lead plaintiff is not mandatory to be involved in any recovery from the lawsuit.

Class Period Details

The class period in question spans from May 6, 2024, to February 24, 2025. During this timeframe, significant allegations have been raised regarding the misleading information provided by Ultra Clean’s executives. The complaint states that the defendants claimed heightened demand from Chinese original equipment manufacturers (OEMs) and the overall domestic market within China. In fact, they provided optimistic forecasts outlining surging sales of Ultra Clean’s products and considerable revenue boosts.

However, contrary to these positive projections, the reality behind these claims points to severe discrepancies. The defendants allegedly concealed critical issues facing Ultra Clean, such as demand weaknesses and customer ramp-up challenges, particularly related to one of their main clients. Furthermore, it was revealed that the company was contending with a troubling mix of inventory corrections and demand adjustments, which ultimately led to weakened performance in China, a market of significant interest.

Significant Revelations

When Ultra Clean disclosed its fourth-quarter and full-year fiscal results for 2024 on February 24, 2025, the company made shocking revelations about ‘demand softness’ in China. The executives cited factors like extended qualification timelines and issues with inventory absorption as contributing elements to the declining demand. Investors and analysts had an immediate negative reaction to this news, illustrated by a dramatic drop in Ultra Clean's stock price.

On February 24, the stock closed at $36.06 per share, but the following day, it plummeted to $25.90 per share, marking a staggering decline of over 28% in just one day. This sudden drop highlights the importance of transparency and accurate reporting in the financial markets, as misleading statements can significantly impact shareholder value.

Next Steps for Shareholders

For shareholders who acquired shares of UCTT within the designated period, timely action is essential. By registering as a shareholder, you will gain access to ongoing portfolio monitoring software, which will provide updates throughout the case's progression. Joining this class action involves no financial obligation or costs.

Legal Representation by The Gross Law Firm

The Gross Law Firm is recognized nationally for its commitment to protecting the rights of investors. Their mission focuses on combating fraudulent practices and holding companies accountable for their actions. They strive to ensure that businesses adhere to ethical standards and maintain responsible practices. Should you have incurred losses due to misleading information or business practices from Ultra Clean Holdings, engaging with The Gross Law Firm could prove beneficial.

Contact Information

For further inquiries, shareholders can reach out to The Gross Law Firm at their New York office:

• - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Email: info@grosslawfirm.com
• - Phone: (646) 453-8903

Don’t delay in taking the necessary actions to protect your investment rights amidst this legal backdrop. Mark the May 23, 2025, deadline on your calendar and consider engaging with The Gross Law Firm to fully understand your options.