Robbins Geller Rudman & Dowd LLP Files Class Action Against Ultra Clean Holdings (UCTT).

The law firm Robbins Geller Rudman & Dowd LLP has filed a class action lawsuit against Ultra Clean Holdings, Inc. (NASDAQ: UCTT) for violations of the Securities Exchange Act of 1934.

The case, Schweiger v. Ultra Clean Holdings, Inc. (No. 25-cv-02768), is being heard in the Northern District of California.

The lawsuit accuses Ultra Clean and several of its executives of making false and misleading statements about the company’s financial performance, particularly regarding its market presence in China.

Investors who purchased or acquired Ultra Clean securities between May 6, 2024, and February 24, 2025, may be eligible to participate in the class action. Investors have until May 23, 2025, to apply for the role of lead plaintiff in the case.

Allegations Against Ultra Clean Holdings

The class action lawsuit asserts that Ultra Clean and its executives misled investors by falsely representing strong demand for the company’s products and services in China.

The complaint claims the company overstated its growth potential without disclosing significant risks such as weakening demand, qualification delays, and inventory issues that affected one of its major customers.

Ultra Clean, which supplies subsystems, components, and high-purity cleaning services to the semiconductor industry, allegedly misrepresented its financial health during the class period.

These omissions led investors to believe that the company’s prospects were much stronger than they actually were, leading to financial losses when the truth was revealed.

Stock Price Decline and Financial Impact

The lawsuit highlights that on February 24, 2025, Ultra Clean disclosed “demand softness” in China, revealing extended qualification timelines and inventory absorption issues.

This led to a more than 28% drop in Ultra Clean's stock price. The plaintiffs argue that this sharp decline was the result of the company’s misleading statements and the failure to disclose key information about its market challenges.

As a result, investors who purchased Ultra Clean securities during the class period may be entitled to compensation for their financial losses if the lawsuit is successful.

What Is the Role of the Lead Plaintiff?

In class action lawsuits, the lead plaintiff is typically the investor who has suffered the most significant financial losses and whose claims are representative of the entire class.

The lead plaintiff will help direct the lawsuit and collaborate with the law firm handling the case.

Being named lead plaintiff provides some control over the litigation but does not affect an investor’s ability to recover compensation from any potential settlement or judgment. If you suffered substantial losses due to Ultra Clean’s actions, you may want to consider applying for this important role.

How to Join the Ultra Clean Holdings Class Action

If you purchased Ultra Clean securities between May 6, 2024, and February 24, 2025, you could be eligible to join the class action lawsuit.

To be considered for the role of lead plaintiff, you must submit your application by May 23, 2025. Even if you do not wish to serve as lead plaintiff, you may still benefit from the class action if it is successful.

For more information or to apply for the lead plaintiff role, visit Robbins Geller Rudman & Dowd LLP's website at this link.

Protect Your Investments

If you are an investor who purchased Ultra Clean Holdings securities during the class period (May 6, 2024 - February 24, 2025), it is important to stay informed about this class action lawsuit.

Robbins Geller Rudman & Dowd LLP is fighting for the rights of investors who may have been misled by Ultra Clean’s false statements.

Joining the class action lawsuit could help recover financial losses related to these misleading disclosures. Act now and submit your application before the deadline of May 23, 2025, to potentially take part in this important case.

Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities class action litigation, shareholder derivative actions, and consumer protection cases. Established in 1992, the firm has earned a reputation for its expertise in handling complex legal matters on behalf of institutional investors, individuals, and consumer groups. With a team of skilled attorneys, Robbins Geller is known for its dedication to securing justice and maximizing recoveries for clients, often representing those who have suffered significant financial losses. The firm has a history of success in landmark cases, and its attorneys are recognized as leaders in the field of securities litigation. Robbins Geller operates nationwide and has offices in major U.S. cities.

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