Latest news with #UltraClean
The Independent
6 days ago
- General
- The Independent
New vote highlights America's best public toilets
Nine public restrooms across the United States have been selected as finalists in Cintas' America's Best Restroom contest. The competition honors facilities for their exceptional cleanliness and innovative design. Finalists represent various states, including New York, Minnesota, Colorado, Kansas, Utah, Florida, New Hampshire, Texas, and California. The winning restroom will be awarded a Cintas UltraClean cleaning service, $2,500 in facility or cleaning services, and national recognition. Public voting to determine the ultimate winner is currently open and closes on Friday at 11:59 a.m. EST.
Malaysian Reserve
24-05-2025
- Business
- Malaysian Reserve
Lost Money on Ultra Clean Holdings, Inc.(UCTT)? Join Class Action Suit Seeking Recovery
NEW YORK, May 23, 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: UCTT investors may also contact Joseph E. Levi, Esq. via email at jlevi@ or 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) 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 for Ultra Clean's products and services. 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. On February 24, 2025, 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. In particular, Ultra Clean was facing decreased demand in China due to extended qualification timelines and inventory absorption. 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 per share on February 24, 2025, Ultra Clean's stock price fell to $25.90 per share on February 25, 2025, a decline of over 28% in the span a single day. WHAT'S NEXT? If you suffered a loss in Ultra Clean during the relevant time frame, you have until May 23, 2025 to 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. NO COST TO YOU: 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. WHY LEVI & KORSINSKY: 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. CONTACT:Levi & Korsinsky, LLP Joseph E. Levi, Korsinsky, Esq.33 Whitehall Street, 17th FloorNew York, NY 10004jlevi@ (212) 363-7500Fax: (212)
Business Wire
23-05-2025
- Business
- Business Wire
UCTT Deadline: Rosen Law Firm Urges Ultra Clean Holdings, Inc. (NASDAQ: UCTT) Stockholders with Losses in Excess of $100k to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers of securities of Ultra Clean Holdings, Inc. (NASDAQ: UCTT) between May 6, 2024 through February 24, 2025. Ultra Clean is a developer and supplier of subsystems, components, parts, and ultrahigh purity cleaning and analytical services primarily for the semiconductor industry. For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that Ultra Clean Holdings, Inc. (NASDAQ: UCTT) Misled Investors Regarding its Business Operations. According to the lawsuit, during the Class Period, defendants created the false impression that they possessed reliable information pertaining to the demand for Ultra Clean's products and services in the domestic Chinese market. In truth, Ultra Clean's optimistic reports of significant growth and increased earnings potential fell short of reality as they failed to incorporate the impending weaker demand due to issues one of its major customers was facing, extended qualification timelines, and inventory absorption, particularly given the volatility of the semiconductor industry. What Now: You may be eligible to participate in the class action against Ultra Clean Holdings, Inc. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by May 23, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does. Rosen Law Firm is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $1 billion for shareholders. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome.
Business Wire
22-05-2025
- Business
- Business Wire
Deadline Soon: Ultra Clean Holdings, Inc. (UCTT) Investors Who Lost Money Urged to Contact the Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)-- The Law Offices of Frank R. Cruz reminds investors of the upcoming May 23, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Ultra Clean Holdings, Inc. ('Ultra Clean' or the 'Company') (NASDAQ: UCTT) securities between , inclusive (the 'Class Period'). IF YOU ARE AN INVESTOR WHO LOST MONEY ON ULTRA CLEAN HOLDINGS, INC. (UCTT), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT. What Happened? 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, Ultra Clean's stock price fell $10.16, or 28.2%, to close at $25.90 per share on February 25, 2025, thereby injuring investors. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Ultra Clean's optimistic reports of significant growth and increased earnings potential fell short of reality as they failed to incorporate the impending weaker demand due to issues one of its major customers was facing, extended qualification timelines, and inventory absorption, particularly given the volatility of the semiconductor industry; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired Ultra Clean securities between May 6, 2024 to February 24, 2025, the deadline to seek appointment as the lead plaintiff in the securities fraud class action is May 23, 2025. Contact Us To Participate or Learn More: If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact us: Frank R. Cruz The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 Email us at: info@ Call us at: 310-914-5007 Visit our website at Follow us for updates on Twitter: If you inquire by email, please include your mailing address, telephone number, and number of shares purchased. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Business Upturn
18-05-2025
- Business
- Business Upturn
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Ultra Clean Holdings, Inc. of Class Action Lawsuit and Upcoming Deadlines
NEW YORK, May 18, 2025 (GLOBE NEWSWIRE) — 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 [email protected] 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 . [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 . Attorney advertising. Prior results do not guarantee similar outcomes. CONTACT: Danielle PeytonPomerantz LLP [email protected] 646-581-9980 ext. 7980
