#None #Class Action #Ultra Clean Holdings #UCTT

Important Update for Shareholders of Ultra Clean Holdings, Inc.

Levi & Korsinsky, LLP, a well-known law firm representing investors, has issued a notice to shareholders of Ultra Clean Holdings, Inc. (NASDAQ: UCTT) regarding a class action securities lawsuit. Shareholders are urged to take action before May 23, 2025, to discuss their rights and potential claims against the company. The lawsuit is centered around alleged securities fraud that occurred between May 6, 2024, and February 24, 2025.

What is the Class Action About?

The class action lawsuit aims to recover losses suffered by investors who were misled by the company's statements about the demand for their products, particularly from the Chinese market. According to the complaint, the company had provided investors with materially false information, promoting an exaggerated positive outlook on demand while concealing significant adverse facts regarding their reality. During this time, Ultra Clean reportedly claimed there was a significant increase in demand from Chinese original equipment manufacturers (OEMs) and highlighted doubled revenue figures.

However, as the lawsuit notes, the company faced serious issues, including a crucial customer ramp problem, inventory issues, and inaccuracies in their revenue reporting. It wasn't until February 24, 2025, when the company disclosed experiencing