Core Viewpoint - Atkore, Inc. is facing a federal securities class action lawsuit due to allegations of engaging in an anticompetitive price-fixing scheme that inflated the price of PVC pipes, leading to significant financial losses for investors [2][3][4]. Group 1: Allegations and Impact - The complaint alleges that Atkore and its executives violated federal securities laws by making false or misleading statements and failing to disclose their involvement in a price-fixing scheme [3]. - Atkore reportedly benefited financially from this scheme until it was exposed, which led to a substantial decrease in PVC pipe prices and negatively impacted the company's business operations [3][4]. - Following the announcement of disappointing financial results for Q1 fiscal year 2025, Atkore's stock price fell nearly 20%, from $79.72 to $64.13 per share [4]. Group 2: Legal Proceedings - Investors who suffered losses exceeding $50,000 between February 1, 2024, and February 3, 2025, are encouraged to contact Faruqi & Faruqi, LLP to discuss their legal options [1][2]. - The deadline to seek the role of lead plaintiff in the class action lawsuit is April 23, 2025, with the lead plaintiff being the investor with the largest financial interest in the case [2][5]. - The law firm is also seeking information from whistleblowers, former employees, and shareholders regarding Atkore's conduct [6].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Atkore Inc. common stock between August 2, 2022, and February 3, 2025, of the April 23, 2025, lead plaintiff deadline for a class action lawsuit related to alleged misleading statements and anticompetitive practices [1][4]. Group 1: Class Action Details - Investors who bought Atkore common stock during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 23, 2025 [2]. - The lawsuit alleges that Atkore engaged in a price-fixing scheme that artificially inflated the prices of PVC pipes, leading to significant financial benefits that were unsustainable [4]. Group 2: Legal Representation - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting its own success in recovering hundreds of millions for investors [3]. - The firm has been recognized for its leadership in securities class action settlements, achieving the largest settlement against a Chinese company at the time and ranking highly in the number of settlements since 2013 [3]. Group 3: Case Allegations - The lawsuit claims that Atkore's actions led to a substantial decrease in the price of PVC pipes as the price-fixing scheme was exposed, negatively impacting the company's business and operations [4]. - Defendants allegedly made false and misleading statements regarding Atkore's business prospects, which lacked a reasonable basis during the Class Period [4].

Core Viewpoint - Atkore Inc. is facing a class action securities lawsuit due to alleged securities fraud related to an anticompetitive price-fixing scheme involving PVC Pipes, which has negatively impacted the company's financial performance and operations [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for investors affected by alleged securities fraud between August 2, 2022, and February 3, 2025 [1]. - The complaint alleges that Atkore engaged in a price-fixing scheme that artificially inflated PVC Pipe prices, leading to unsustainable financial benefits for the company [2]. - As the price-fixing scheme was exposed, the price of PVC Pipes significantly decreased, adversely affecting Atkore's business and operations [2]. Group 2: Investor Participation - Investors who suffered losses during the relevant timeframe have until April 23, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Legal Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core Viewpoint - A lawsuit has been filed against Atkore Inc. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentations about PVC Pipe pricing and an alleged price-fixing scheme [1][2][5]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of Illinois, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. - Investors have until April 23, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - Atkore manufactures electrical, safety, and infrastructure products, including PVC Pipe [3]. - During the COVID-19 pandemic, shipping costs increased, impacting foreign PVC Pipe manufacturers' ability to sell profitably in the U.S. [3]. Group 3: Allegations Against Atkore - Atkore allegedly misrepresented that post-pandemic PVC Pipe price declines were due to "pricing normalization" and "competitive dynamics" [4]. - An activist investor report accused Atkore of engaging in an anticompetitive price-fixing scheme that artificially inflated PVC Pipe prices [5]. Group 4: Stock Performance and Impact - On February 4, 2025, Atkore announced disappointing earnings, revealing a decline in the plastic pipe and conduit product category, which led to a nearly 20% drop in stock price from $79.72 to $64.13 per share [6]. - Following the earnings announcement, Atkore received a grand jury subpoena from the U.S. Department of Justice Antitrust Division regarding the pricing of its PVC products [7].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Atkore Inc. regarding a class action lawsuit alleging anticompetitive practices, specifically price-fixing of PVC Pipes, which led to misleading statements about the company's financial health and operations [1]. Group 1: Allegations and Impact - The complaint alleges that Atkore engaged in a price-fixing scheme that artificially inflated the price of PVC Pipes [1]. - Atkore reportedly gained significant and unsustainable financial benefits from this anticompetitive conduct [1]. - As the price-fixing scheme was exposed, the ability to maintain inflated prices resulted in a substantial decrease in PVC Pipe prices, negatively impacting Atkore's business and operations [1]. - The positive statements made by Atkore regarding its business and prospects were claimed to be materially false and misleading [1]. Group 2: Class Action Details - The class period for the lawsuit is from August 2, 2022, to February 3, 2025, and shareholders are encouraged to register for participation [1][2]. - The deadline for shareholders to seek lead plaintiff status is April 23, 2025, and there is no cost or obligation to participate in the case [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the lifecycle of the case [2]. Group 3: Law Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

Core Viewpoint - Securities class action lawsuits have been filed against Atkore Inc. for alleged misconduct related to price-fixing of PVC pipes during the specified Class Period from August 2, 2022, to February 3, 2025 [1][2]. Group 1: Allegations Against Atkore - Defendants allegedly engaged in an anticompetitive price-fixing scheme that artificially inflated the price of PVC pipes, including both water pipes and electrical conduit pipes [2]. - Atkore reportedly gained significant and unsustainable financial benefits from this anticompetitive conduct [2]. - As the price-fixing scheme was exposed, Atkore and its co-conspirators could no longer maintain inflated prices, leading to a substantial decrease in PVC pipe prices [2]. - The company's business and operations were negatively impacted as a result of these actions [2]. - Positive statements made by the defendants regarding Atkore's business and prospects were claimed to be materially false and misleading [2]. Group 2: Legal Process and Representation - Investors in Atkore have until April 23, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest and who are representative of the proposed class [3]. - The lead plaintiff selects counsel to represent the class, and this decision does not affect the ability of other investors to share in any recovery [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP has a global reputation for prosecuting class actions and has recovered billions of dollars for victims of corporate misconduct [4]. - The firm aims to protect investors, consumers, and employees from fraud and negligence by businesses [4].

Core Viewpoint - A lawsuit has been filed against Atkore Inc. and its senior executives for potential violations of federal securities laws, focusing on misrepresentation related to PVC Pipe pricing and an alleged price-fixing scheme [1][2][5]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of Illinois, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. - Investors have until April 23, 2025, to request to lead the case [2]. Group 2: Company Background - Atkore manufactures electrical, safety, and infrastructure products, including PVC Pipe [3]. - The company faced challenges during the COVID-19 pandemic, with shipping costs rising and foreign manufacturers exiting the U.S. market [3]. Group 3: Allegations of Misrepresentation - Atkore allegedly misrepresented that post-pandemic PVC Pipe price declines were due to "pricing normalization" and competitive dynamics [4]. - An activist investor's report accused Atkore of engaging in an anticompetitive price-fixing scheme that inflated PVC Pipe prices [5]. Group 4: Stock Performance and Impact - On February 4, 2025, Atkore announced disappointing earnings, revealing a decline in the plastic pipe and conduit product category, which led to a nearly 20% drop in stock price from $79.72 to $64.13 per share [6]. - The company attributed approximately $75 million, or 3/4 of the guidance reduction, to its PVC Pipe business [6]. Group 5: Regulatory Scrutiny - On February 14, 2025, Atkore disclosed receiving a grand jury subpoena from the U.S. Department of Justice Antitrust Division regarding the pricing of its PVC products [7].

Core Viewpoint - Atkore Inc. is facing a class action lawsuit due to allegations of engaging in an anticompetitive price-fixing scheme that inflated the prices of PVC pipes, leading to significant financial damages for investors during the class period from August 2, 2022, to February 3, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Atkore made false and misleading statements regarding its business operations and financial health, which were based on unsustainable benefits derived from the alleged price-fixing scheme [5]. - As the price-fixing scheme was exposed, Atkore could no longer maintain inflated prices for PVC pipes, resulting in a substantial decrease in their market price and negatively impacting Atkore's business operations [5]. - Investors are reminded of the April 23, 2025, deadline to serve as lead plaintiff in the class action, which is crucial for directing the litigation on behalf of other class members [1][3]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in recovering hundreds of millions of dollars for investors [4]. - The firm has been recognized for its leadership in securities class action settlements, achieving significant recoveries, including over $438 million in 2019 alone [4].

Core Viewpoint - Atkore Inc. is facing a class action lawsuit due to allegations of participating in an anticompetitive price-fixing scheme that inflated PVC pipe prices, leading to significant financial losses for investors [3]. Group 1: Class Action Details - The class action represents investors who purchased Atkore Inc. securities between February 1, 2024, and February 3, 2025, with a deadline of April 23, 2025, to file a lead plaintiff motion [1]. - Investors are encouraged to contact the Portnoy Law Firm for legal rights discussions and case evaluations [2]. Group 2: Allegations Against Atkore Inc. - The complaint alleges that Atkore engaged in a price-fixing scheme that artificially inflated PVC pipe prices [3]. - It is claimed that Atkore gained significant but unsustainable financial benefits from this scheme [3]. - Following the exposure of the price-fixing scheme, Atkore and its co-conspirators could no longer manipulate prices, resulting in a substantial decline in business operations [3]. - The lawsuit asserts that the defendants' positive statements regarding Atkore's business and prospects were materially false and misleading [3].

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-f ...