1. Class action alleges Atkore engaged in price-fixing schemes. 2. Company's misleading statements led to artificially inflated PVC prices. 3. Profitability linked to unsustainable practices might be challenged. 4. Negative impacts on Atkore's business operations are claimed. 5. Deadline for shareholders to register is April 23, 2025.
Price-fixing allegations can lead to significant legal liabilities and reputational damage. Historical precedent suggests that companies facing similar accusations often see sharp stock price declines.
The allegations made against Atkore directly threaten its market credibility and financial stability, posing a significant risk to shareholders.
The upcoming class action deadline could lead to immediate market reactions. Legal issues typically create volatility that affects short-term stock performance.
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=137700&from=4
CLASS PERIOD: August 2, 2022 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=137700&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: Gross Law Firm