UCBH Holdings, Inc. is an American bank holding company operating in California.

The Complaint charges the Defendants with violating federal securities by issuing materially inaccurate financial statements to the investing public. The Complaint alleges that UCBH knowingly falsified its financial statements by concealing the rising level of loan losses and non-performing loans through a series of improper accounting tricks and outright deception of regulators and auditors.

On September 8, 2009, the Defendants were resigning following the results of an investigation of the improper loan accounting. As a result of the accounting improprieties, UCBH must restate its financial statements for each quarter and the full fiscal year of 2008. News of the accounting fraud and the pending restatement caused UCBH's stock price to fall significantly, damaging investors.

On January 27, 2010, Judge Jeffrey S. White signed the Order consolidating several actions under Master File Civil Action No. C 09-4208 JSW. Plaintiff Kyung Cho was appointed lead Plaintiff and the Rosen Law Firm was approved as lead Counsel.

On August 10, 2010, the lead Plaintiff filed a Consolidated Amended Class Action Complaint, adding numerous individuals as Defendants in the action. On October 15, 2010, the parties agreed to dismiss one of the individual Defendants. The Defendants filed several motions to dismiss the Consolidated Amended Complaint on November 19, 2010. On May 17, 2011, the motions were granted with leave to amend.

On July 29, 2011, a Second Consolidated Amended Class Action Complaint was filed. On January 9, 2012, a Consolidated Third Amended Complaint was filed.

On August 29, 2012, the Court issued an Order granting in part and denying in part Defendants' motions to dismiss. Plaintiffs were given leave to amend. On September 17, 2012, the Plaintiffs filed their fourth amended Complaint.

On September 16, 2014, the Court issued an Order granting a stipulation to stay this action pending resolution of a separate case.

On January 15, 2016, pursuant to a stipulation by the parties, this case was dismissed.