
Ultra Clean Holdings, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses; May 23, 2025 Deadline to file Lead Plaintiff Motion
Investors can contact the law firm at no cost to learn more about recovering their losses
/EIN News/ -- LOS ANGELES, April 29, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Ultra Clean Holdings, Inc. ("Ultra Clean" or the "Company") (NASDAQ: UCTT) investors of a class action representing investors that bought securities between May 6, 2024 and February 24, 2025, inclusive (the "Class Period"). Ultra Clean investors have until May 23, 2025 to file a lead plaintiff motion.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
The class action lawsuit against Ultra Clean alleges that the company and certain of its executives made false or misleading statements and/or failed to disclose key information during the Class Period. Specifically, the complaint asserts that:
(i) the defendants created a false impression that they had reliable information about the demand for Ultra Clean's products and services in the domestic Chinese market; and
(ii) in reality, Ultra Clean's optimistic reports regarding significant growth and increased earnings potential did not account for the weakening demand caused by issues faced by one of Ultra Clean's major customers, extended qualification timelines, and inventory absorption, especially considering the volatility in the semiconductor industry.
The lawsuit further alleges that on February 24, 2025, Ultra Clean released its fourth quarter and full year 2024 financial results, disclosing that the company was experiencing "demand softness" in China due to extended qualification timelines and inventory absorption. Following this disclosure, Ultra Clean's stock price fell by more than 28%, according to the complaint.
Please visit our website to review more information and submit your transaction information.
The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA and NY Bar
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
Attorney Advertising


Distribution channels: Consumer Goods, Law ...
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Submit your press release