#USA #New York #Class Action #Ultra Clean Holdings #UCTT

Class Action Lawsuit Notification for Ultra Clean Holdings, Inc.

Overview

The Gross Law Firm has made an important announcement aimed at shareholders of Ultra Clean Holdings, Inc. (NASDAQ: UCTT). They are notifying investors about a pending class action lawsuit and emphasizing the importance of registering before the May 23, 2025 deadline. This enables affected shareholders to participate in potential recoveries stemming from the case.

Details of the Class Action

The class period for this lawsuit extends from May 6, 2024, to February 24, 2025. Allegations center around misleading statements made by the defendants regarding Ultra Clean's performance in the market, particularly concerning demand from Chinese original equipment manufacturers (OEMs). Despite claims of increased sales and strong demand, crucial information was allegedly concealed from investors, indicating the company was facing significant challenges in the demand for their products within the Chinese market.

On February 24, 2025, when Ultra Clean released their fiscal results for the fourth quarter and full year of 2024, they disclosed encountering "demand softness" in China. This revelation led to a drastic price drop in UCTT shares; with the stock plummeting over 28% in just one day, falling from $36.06 to $25.90.

Why Investors Should Take Action

The Gross Law Firm encourages shareholders of UCTT who purchased shares during the specified timeframe to contact them regarding the possible appointment as lead plaintiff. While taking on this role is not a requirement for participating in recovery from the lawsuit, early registration is essential for staying informed. Once registered, shareholders will have access to exclusive portfolio monitoring software, providing updates on the case progress.

The deadline to seek lead plaintiff status is quickly approaching on May 23, 2025. Investors are urged to act promptly to secure their interests in this potential recovery opportunity. The Gross Law Firm is dedicated to safeguarding the rights of investors who have suffered losses, and they emphasize that there is no cost or obligation for shareholders to participate in the case.

About the Gross Law Firm

The Gross Law Firm is a nationally recognized class action law firm committed to upholding investor rights. They aim to protect investors from deceitful and fraudulent business practices while striving to secure recoveries for losses incurred due to misleading or false statements from companies. The firm values good corporate practices and supports responsible business conduct.

Contact Information

For further inquiries or to register for the class action, shareholders can reach out to the Gross Law Firm:
Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

Investors are strongly encouraged to ensure their participation in this significant class action lawsuit in order to assert their rights effectively.

Stay informed and proactive—secure your place in this class action before the deadline passes!