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Levi & Korsinsky Reminds Atkore Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 23, 2025 - ATKR

1. A class action lawsuit has been filed against Atkore Inc. 2. Allegations include anticompetitive price-fixing affecting PVC Pipes. 3. Investors affected between August 2022 and February 2025 can join the lawsuit. 4. Financial benefits from alleged misconduct were unsustainable and misleading. 5. The case highlights significant regulatory and reputational risks for ATKR.

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FAQ

Why Very Bearish?

The lawsuit alleges serious fraud and anticompetitive behavior, which can significantly harm investor trust and the stock price. Historical examples like Enron and Volkswagen show how legal issues can devastate market value.

How important is it?

The allegations of fraud and price manipulation can lead to significant financial liabilities and reputational damage for ATKR, making the article highly relevant to investors.

Why Short Term?

The immediate legal ramifications and potential financial penalties can quickly affect investor sentiment and stock performance.

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NEW YORK, April 18, 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 August 2, 2022 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=143577&wire=4

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 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?

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.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE Levi & Korsinsky, LLP

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