Atkore Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before April 23, 2025 to Discuss Your Rights - ATKR

1. A class action lawsuit alleges Atkore incited investment losses due to fraud. 2. Claims include participation in price-fixing for PVC Pipes affecting financial stability. 3. Investors can join the lawsuit to recover losses with no upfront costs. 4. Court action dates require lead plaintiff requests by April 23, 2025. 5. Levi & Korsinsky has a successful track record in securities litigation.

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FAQ

Why Very Bearish?

The lawsuit allegations point to severe corporate misconduct, historically leading to stock price declines for similar companies. For example, prior price-fixing allegations in the industry often saw significant drops in stock value.

How important is it?

The class action lawsuit involves material allegations impacting investor trust and stock performance. Legal issues and allegations of price-fixing are significant red flags for current and potential investors.

Why Short Term?

The immediate market reaction may be negative due to investor sentiment and legal uncertainties. Such lawsuits usually result in quick sell-offs as confidence in the company diminishes.

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Levi & Korsinsky, LLP Class Action Notification

NEW YORK, Feb. 28, 2025 /PRNewswire/

Levi & Korsinsky, LLP notifies investors in Atkore Inc. ("Atkore Inc." or the "Company") (NYSE: ATKR) of a class action securities lawsuit.

CLASS DEFINITION:

The lawsuit seeks to recover losses on behalf of Atkore Inc. investors who were adversely affected by alleged securities fraud between February 1, 2024 and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/atkore-inc-lawsuit-submission-form?prid=132682&wire=4

CONTACT:

ATKR investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

CASE DETAILS:

The filed complaint alleges that defendants made false statements and/or concealed 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.

WHAT'S NEXT?

If you suffered a loss in Atkore Inc. during the relevant time frame, you have until April 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.

SOURCE Levi & Korsinsky, LLP