Atkore Inc. Class Action: The Gross Law Firm Reminds Atkore Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 23, 2025 - ATKR

1. Atkore Inc. faces class action over alleged price-fixing scheme. 2. Allegations claim anticompetitive conduct inflated PVC pipe prices. 3. Investors may register for lead plaintiff status by April 23, 2025. 4. False statements reportedly misled investors about company prospects. 5. Negative operational impact observed due to exposure of misconduct.

Legal

90

4m saved

Insight

Article

FAQ

Why Very Bearish?

The allegations of anticompetitive behavior could lead to legal issues and financial penalties, reminiscent of past cases like the price-fixing scandals in the auto parts industry that resulted in significant stock declines. The market's response to such news typically results in substantial negative pressure on stock prices, especially when operational integrity is compromised.

How important is it?

The article discusses significant legal allegations that could materially impact Atkore's stock through either operational changes or penalties. Legal issues in publicly traded companies usually attract heavy scrutiny and create volatility in investor sentiment.

Why Short Term?

Immediate market reactions often occur upon announcement of legal troubles, as seen when similar allegations previously led to swift drops in affected companies' stock values, often recovering only after legal resolutions.

Related Companies

SHW DLX FAST

Atkore Inc. Shareholder Notice

NEW YORK, March 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Atkore Inc. (NYSE: ATKR).

Shareholders who purchased shares of ATKR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE: https://securitiesclasslaw.com/securities/atkore-inc-loss-submission-form/?id=134612&from=4

CLASS PERIOD:

February 1, 2024 to February 3, 2025

ALLEGATIONS:

The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Atkore engaged in an anticompetitive price-fixing scheme that artificially inflated the price of PVC Pipes; (2) Atkore reaped significant, unsustainable financial benefits from its anticompetitive conduct; (3) as Atkore's price-fixing scheme was exposed, the Company and its price-fixing co-conspirators were no longer able to artificially inflate the price of PVC Pipes, resulting in a substantial decrease in the price of PVC Pipes; (4) Atkore's business and operations were negatively impacted; and (5) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

DEADLINE:

April 23, 2025 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/atkore-inc-loss-submission-form/?id=134612&from=4

NEXT STEPS FOR SHAREHOLDERS:

Once you register as a shareholder who purchased shares of ATKR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 23, 2025. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM?

The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: info@grosslawfirm.com
Phone: (646) 453-8903

SOURCE The Gross Law Firm