StockNews.AI
UCTT
StockNews.AI
147 days

INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ultra Clean Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines - UCTT

1. A class action lawsuit has been filed against UCTT for alleged securities fraud. 2. Investors may join the class action until May 23, 2025. 3. UCTT's stock fell 28.18% following reports of demand softness in China. 4. The lawsuit impacts UCTT's reputation and potential financial liabilities. 5. Pomerantz LLP is a prominent firm handling the class action.

4m saved
Insight
Article

FAQ

Why Very Bearish?

The class action lawsuit and prior stock decline indicate severe investor concerns. Historical precedents show similar lawsuits often lead to significant stock depreciation.

How important is it?

The lawsuit and past stock performance create high stakes for UCTT investors, indicating likely price impacts.

Why Short Term?

The immediate sentiment around UCTT's stock price may worsen due to legal matters. Financial and reputational damage can quickly affect market perception.

Related Companies

Class Action Lawsuit Filed Against Ultra Clean Holdings, Inc.

NEW YORK, March 25, 2025 /PRNewswire-PRWeb/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Ultra Clean Holdings, Inc. ("Ultra Clean" or the "Company") (NASDAQ: UCTT). Such investors are advised to contact Danielle Peyton at dp@pomerantzlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

The class action concerns whether Ultra Clean and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

You have until May 23, 2025 to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Ultra Clean securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.

Click here for information about joining the class action

On February 24, 2025, Ultra Clean reported its financial results for fourth quarter and full year 2024 and hosted an associated earnings call, during which the Company's executives revealed that Ultra Clean was facing "demand softness" in China due to extended qualification timelines and inventory absorption.

On this news, Ultra Clean's stock price fell $10.16 per share, or 28.18%, to close at $25.90 per share on February 25, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: Danielle Peyton
Pomerantz LLP
dp@pomerantzlaw.com
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

Related News