ATKR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Atkore Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

1. A class action lawsuit has been filed against Atkore for securities violations. 2. Allegations include price-fixing schemes inflated PVC pipe prices unlawfully. 3. Financial benefits from illegal practices were deemed unsustainable and deceptive. 4. The lawsuit targets investors active from February 2024 to February 2025. 5. Negative business impacts reported as price-fixing activities were exposed.

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FAQ

Why Very Bearish?

The lawsuit alleges serious securities violations that can deter investors, recall of similar historical incidents (e.g., Lumber Liquidators) led to stock drops. If Atkore faces penalties or incurs heavy legal costs, its stock may plummet to reflect these risks.

How important is it?

The class action lawsuit directly challenges Atkore's operations and leadership credibility, suggesting significant potential financial and reputational damage.

Why Short Term?

The ongoing legal proceedings and their immediate effects on public perception could heavily influence stock activity in the next quarter. Similar situations in the past often cause short-lived yet severe market responses.

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NEW YORK, Feb. 27, 2025 /PRNewswire/ -- Attorney Advertising

Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Atkore Inc. ("Atkore" or "the Company") (NYSE: ATKR) and certain of its officers.

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Atkore securities between February 1, 2024 and February 3, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/ATKR.

Case Details

The Complaint alleges that throughout the Class Period, Defendants 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 regarding 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?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/ATKR. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Atkore 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 lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

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Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com

SOURCE Bronstein, Gewirtz & Grossman, LLC