{"id":831028,"date":"2025-03-28T06:17:06","date_gmt":"2025-03-28T10:17:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-that-lost-money-on-ultra-clean-holdings-inc-uctt-urged-to-join-class-action-contact-levi-korsinsky-to-learn-more\/"},"modified":"2025-03-28T06:17:06","modified_gmt":"2025-03-28T10:17:06","slug":"shareholders-that-lost-money-on-ultra-clean-holdings-inc-uctt-urged-to-join-class-action-contact-levi-korsinsky-to-learn-more","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-that-lost-money-on-ultra-clean-holdings-inc-uctt-urged-to-join-class-action-contact-levi-korsinsky-to-learn-more\/","title":{"rendered":"Shareholders that lost money on Ultra Clean Holdings, Inc.(UCTT) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n NEW YORK<\/span>
\n <\/span>, March 28, 2025<\/span><\/span> \/PRNewswire\/ — Levi & Korsinsky, LLP notifies investors in Ultra Clean Holdings, Inc.<\/b> (“Ultra Clean” or the “Company”) (NASDAQ: UCTT) of a class action securities lawsuit.<\/p>\n

\n

\n
\n \"Levi
\n <\/a>\n <\/p>\n<\/p><\/div>\n

\n CLASS DEFINITION: <\/b>The lawsuit seeks to recover losses on behalf of Ultra Clean investors who were adversely affected by alleged<\/span> securities fraud<\/span> between May 6, 2024<\/span> and February 24, 2025<\/span>. Follow the link below to get more information and be contacted by a member of our team:<\/p>\n

\n https:\/\/zlk.com\/pslra-1\/ultra-clean-holdings-inc-lawsuit-submission-form?prid=139118&wire=4<\/a>\u00a0<\/p>\n

\n UCTT<\/b>\u00a0investors may also contact Joseph E. Levi, Esq.<\/span> via email at\u00a0jlevi@levikorsinsky.com\u00a0or<\/a> by telephone at (212) 363-7500.<\/p>\n

\n CASE DETAILS: <\/b>According to the complaint, defendants provided investors with material information concerning the elevated demand from Chinese original equipment manufacturers (OEMs) and in the general Chinese domestic market for Ultra Clean’s products throughout the fiscal year 2024. Defendants’ statements included, among other things, reports of increased demand for the Company’s products and services in the domestic Chinese market and reports of increased revenue, including revenue doubling with no signs of slowing down, due to the elevated demand in China<\/span> for Ultra Clean’s products and services.\u00a0 Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and\/or concealing material adverse facts concerning the true state of the demand for Ultra Clean’s products and services in the domestic Chinese market; notably, that the Company was facing a customer ramp issue with one of its critical customers, as well as a combination of inventory and demand corrections, which, ultimately, caused weakness for Ultra Clean in China.\u00a0 On February 24, 2025<\/span>, Ultra Clean published fourth quarter and full year 2024 fiscal results and hosted an associated earnings call, where the Company’s executives revealed that Ultra Clean was facing “demand softness” in China<\/span>. In particular, Ultra Clean was facing decreased demand in China<\/span> due to extended qualification timelines and inventory absorption.\u00a0 Investors and analysts reacted immediately to these revelations. The price of Ultra Clean’s common stock declined dramatically. From a closing market price of $36.06<\/span> per share on February 24, 2025<\/span>, Ultra Clean’s stock price fell to $25.90<\/span> per share on February 25, 2025<\/span>, a decline of over 28% in the span a single day.<\/p>\n

\n WHAT’S NEXT? <\/b>If you suffered a loss in Ultra Clean during the relevant time frame, you have until May 23, 2025<\/span><\/b>\u00a0to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.<\/p>\n

\n NO COST TO YOU: <\/b>If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.<\/b><\/p>\n

\n WHY LEVI & KORSINSKY: <\/b>Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States<\/span>.<\/p>\n

\n CONTACT:<\/b>
\n
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.<\/span>
Ed Korsinsky, Esq.<\/span>
33 Whitehall Street, 17th Floor
New York, NY<\/span> 10004
jlevi@levikorsinsky.com<\/a>\u00a0
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com<\/a>\u00a0<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/shareholders-that-lost-money-on-ultra-clean-holdings-incuctt-urged-to-join-class-action–contact-levi–korsinsky-to-learn-more-302413810.html<\/a><\/p>\n

SOURCE Levi & Korsinsky, LLP<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire NEW YORK , March 28, 2025 \/PRNewswire\/ — Levi & Korsinsky, LLP notifies investors in Ultra Clean Holdings, Inc. (“Ultra Clean” or the “Company”) (NASDAQ: UCTT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ultra Clean investors who were adversely affected by alleged securities fraud between May 6, 2024 and February 24, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/ultra-clean-holdings-inc-lawsuit-submission-form?prid=139118&wire=4\u00a0 UCTT\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. CASE DETAILS: According to the complaint, defendants provided investors with material information concerning the elevated demand from Chinese original equipment manufacturers (OEMs) … <\/p>\n

Continue reading “Shareholders that lost money on Ultra Clean Holdings, Inc.(UCTT) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-831028","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nShareholders that lost money on Ultra Clean Holdings, Inc.(UCTT) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/shareholders-that-lost-money-on-ultra-clean-holdings-inc-uctt-urged-to-join-class-action-contact-levi-korsinsky-to-learn-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shareholders that lost money on Ultra Clean Holdings, Inc.(UCTT) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK , March 28, 2025 \/PRNewswire\/ — Levi & Korsinsky, LLP notifies investors in Ultra Clean Holdings, Inc. (“Ultra Clean” or the “Company”) (NASDAQ: UCTT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ultra Clean investors who were adversely affected by alleged securities fraud between May 6, 2024 and February 24, 2025. Follow the link below to get more information and be contacted by a member of our team: https:\/\/zlk.com\/pslra-1\/ultra-clean-holdings-inc-lawsuit-submission-form?prid=139118&wire=4\u00a0 UCTT\u00a0investors may also contact Joseph E. Levi, Esq. via email at\u00a0jlevi@levikorsinsky.com\u00a0or by telephone at (212) 363-7500. 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