StockNews.AI
ATKR
StockNews.AI
175 days

ATKR Investors Have Opportunity to Lead Atkore Inc. Securities Fraud Lawsuit

1. Rosen Law Firm files ATKR class action lawsuit. Lead plaintiff deadline is April 2025. 2. Allegations assert anticompetitive price-fixing on PVC pipes. Claims include misleading statements by ATKR. 3. Lawsuit contends ATKR gained unsustainable financial benefits. It alleges harm to business operations. 4. Investors who bought ATKR stock between Feb 2024 and Feb 2025 may seek compensation. Clients are urged to join the suit.

7m saved
Insight
Article

FAQ

Why Bearish?

Class action lawsuits, especially involving allegations of antitrust behavior, typically create investor uncertainty and can depress a stock's price. Similar cases in the past, where price-fixing claims emerged, have led to volatile trading and downward pressure until resolutions or settlements are reached.

How important is it?

The lawsuit directly targets ATKR with serious allegations, potentially impacting investor sentiment and near-term price action. Although the result of legal proceedings remains uncertain, the high visibility of such claims makes the news materially significant.

Why Short Term?

Legal actions often trigger near-term volatility as investors react to the uncertainty. Historical examples show immediate stock price drops that tend to stabilize over time once litigation progresses.

Related Companies

, /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action on behalf of purchasers of common stock of Atkore Inc. (NYSE: ATKR) between February 1, 2024 and February 3, 2025, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than April 23, 2025. So what: If you purchased Atkore common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Atkore class action, go to https://rosenlegal.com/submit-form/?case_id=35751 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 23, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, throughout the Class Period, defendants made false and 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) in turn, Atkore reaped significant, unsustainable financial benefits from its anticompetitive conduct; (3) as Atkore's price-fixing scheme was exposed, Atkore 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 of the above, defendants' positive statements about Atkore's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Atkore class action, go to https://rosenlegal.com/submit-form/?case_id=35751 or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq.Phillip Kim, Esq.The Rosen Law Firm, P.A.275 Madison Avenue, 40th FloorNew York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212) 202-3827[email protected]www.rosenlegal.com SOURCE THE ROSEN LAW FIRM, P. A. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News