Ultra Clean Holdings, Inc. (NASDAQ: UCTT)

This lawsuit for anyone who acquired securities in Ultra Clean Holdings, Inc. (NASDAQ: UCTT) from May 6, 2024 through February 24, 2025.

The lawsuit alleges that the Company and certain of its executives violated federal law. Specifically, the lawsuit alleges that, throughout the time period mentioned above, the Company misled investors regarding its financial condition. More specifically, the lawsuit alleges that the Company misled investors by overstating demand for the Company’s products and services in the Chinese market.

On February 24, 2025, Ultra Clean reported its financial results for the fourth quarter and full year ended December 27, 2024. In connection with its earnings, the Company revealed that it was facing “demand softness” in its business “relat[ed] to extended qualification time lines and some inventory digestion.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in Ultra Clean Holdings, Inc. (NASDAQ: UCTT) from May 6, 2024 through February 24, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.