Urgent Notice for Ultra Clean Holdings Shareholders by The Gross Law Firm
On April 17, 2025, The Gross Law Firm announced a critical notice for shareholders of Ultra Clean Holdings, Inc. (NASDAQ: UCTT). This alert is particularly relevant for those who bought shares between May 6, 2024, and February 24, 2025.
The firm is urging shareholders to reach out to discuss their potential rights, specifically in regards to the class action lawsuit related to significant losses that occurred following the company's recent financial disclosures. During the specified class period, Ultra Clean had assured investors that demand for their products was soaring within the Chinese market, driven by original equipment manufacturers (OEMs). However, contrary to these optimistic reports, the complaint suggests that the company was facing serious demand-related issues, including a customer ramp issue with a crucial client. This discrepancy calls into question the integrity of the company's statements prior to the sharp decline in stock value.
On February 24, 2025, Ultra Clean revealed in their fourth quarter earnings report and during an earnings call that they were experiencing 'demand softness' in China, a stark contrast to previously reported thriving demand. The realization led to a dramatic stock price drop — from $36.06 at the close of trading on February 24 to $25.90 the following day, marking a staggering decrease of over 28% and raising alarms among the investor community.
Shareholders impacted by this downturn are encouraged to file their information with The Gross Law Firm by May 23, 2025, to be considered for lead plaintiff roles in the class action. Importantly, it’s worth noting that being appointed as a lead plaintiff is not a prerequisite for participating in any monetary recovery from the lawsuit.
Those who reach out and register will benefit from ongoing portfolio monitoring, receiving status updates related to their participation and the case’s progress. Additionally, The Gross Law Firm, known for advocating robustly for investors' rights against deceit and fraud in business practices, emphasizes the absence of cost or obligation for shareholders to enroll in this case.
If you are a shareholder or know someone who is, don’t hesitate to act before the deadline. The firm assures that their focus will remain on recovering losses for investors misled by inadequate disclosures and dishonest practices by Ultra Clean Holdings.
For more information and to participate, please contact The Gross Law Firm directly through their website, or by reaching out to their office at 15 West 38th Street, 12th floor, New York, NY, 10018, or call them at (646) 453-8903. This proactive step is essential for individuals wishing to safeguard their investments and ensure they are represented in any potential recovery actions.
The firm is urging shareholders to reach out to discuss their potential rights, specifically in regards to the class action lawsuit related to significant losses that occurred following the company's recent financial disclosures. During the specified class period, Ultra Clean had assured investors that demand for their products was soaring within the Chinese market, driven by original equipment manufacturers (OEMs). However, contrary to these optimistic reports, the complaint suggests that the company was facing serious demand-related issues, including a customer ramp issue with a crucial client. This discrepancy calls into question the integrity of the company's statements prior to the sharp decline in stock value.
On February 24, 2025, Ultra Clean revealed in their fourth quarter earnings report and during an earnings call that they were experiencing 'demand softness' in China, a stark contrast to previously reported thriving demand. The realization led to a dramatic stock price drop — from $36.06 at the close of trading on February 24 to $25.90 the following day, marking a staggering decrease of over 28% and raising alarms among the investor community.
Shareholders impacted by this downturn are encouraged to file their information with The Gross Law Firm by May 23, 2025, to be considered for lead plaintiff roles in the class action. Importantly, it’s worth noting that being appointed as a lead plaintiff is not a prerequisite for participating in any monetary recovery from the lawsuit.
Those who reach out and register will benefit from ongoing portfolio monitoring, receiving status updates related to their participation and the case’s progress. Additionally, The Gross Law Firm, known for advocating robustly for investors' rights against deceit and fraud in business practices, emphasizes the absence of cost or obligation for shareholders to enroll in this case.
If you are a shareholder or know someone who is, don’t hesitate to act before the deadline. The firm assures that their focus will remain on recovering losses for investors misled by inadequate disclosures and dishonest practices by Ultra Clean Holdings.
For more information and to participate, please contact The Gross Law Firm directly through their website, or by reaching out to their office at 15 West 38th Street, 12th floor, New York, NY, 10018, or call them at (646) 453-8903. This proactive step is essential for individuals wishing to safeguard their investments and ensure they are represented in any potential recovery actions.
Topics Financial Services & Investing）
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