Atkore (ATKR)

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Shareholders that lost money on Atkore Inc.(ATKR) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2025-03-20 09:45
NEW YORK, March 20, 2025 /PRNewswire/ -- 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=137086&from=4CLASS PERIOD: February 1, 2024 to February 3, ...
ATKR SECURITIES NOTICE: A Class Action was filed against Atkore Inc. – Investors that Lost Money are Reminded to Contact BFA Law (NYSE:ATKR)
GlobeNewswire News Room· 2025-03-18 12:33
NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Atkore Inc. (NYSE: ATKR) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Atkore, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/atkore-inc. Investors have until April 23, 2025, to ask the Court to be appointed to lead the case. ...
Shareholders of Atkore Inc. Should Contact The Gross Law Firm Before April 23, 2025 to Discuss Your Rights - ATKR
Prnewswire· 2025-03-17 09:45
Core Viewpoint - Atkore Inc. is facing allegations of engaging in an anticompetitive price-fixing scheme related to PVC Pipes, which has led to significant financial repercussions for the company and its shareholders [1]. Group 1: Allegations and Impact - The complaint claims that Atkore issued materially false and misleading statements during the class period from February 1, 2024, to February 3, 2025 [1]. - It is alleged that Atkore's price-fixing scheme artificially inflated the price of PVC Pipes, resulting in unsustainable financial benefits for the company [1]. - As the price-fixing scheme was exposed, the price of PVC Pipes significantly decreased, negatively impacting Atkore's business and operations [1]. Group 2: Shareholder Actions - Shareholders who purchased shares of Atkore during the specified class period are encouraged to register for potential lead plaintiff appointment, with a deadline set for April 23, 2025 [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case's status [2]. Group 3: Legal Representation - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit 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 [3].
ATKR INVESTOR DEADLINE: Atkore Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-03-17 09:40
SAN DIEGO, March 17, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that the Atkore class action lawsuit – captioned Westchester Putnam Counties Heavy & Highway Laborers Local 60 Benefits Fund v. Atkore Inc., No. 25-cv-01851(N.D. Ill.) – seeks to represent purchasers of Atkore Inc. (NYSE: ATKR) common stock and charges Atkore and certain of Atkore's top current and former executives with violations of the Securities Exchange Act of 1934.If you suffered substantial losses and ...
ATKR Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Atkore Inc. (ATKR) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit
Prnewswire· 2025-03-16 23:20
Core Viewpoint - A securities class action lawsuit has been filed against Atkore Inc. for alleged anticompetitive practices related to price-fixing of PVC pipes, impacting the company's financial performance and misleading investors during the class period from August 2, 2022, to February 3, 2025 [1][2]. Group 1: Allegations Against Atkore - The lawsuit claims that Atkore engaged in a price-fixing scheme that artificially inflated the prices of PVC pipes, including both water and electrical conduit pipes [2]. - It is alleged that Atkore benefited financially from this anticompetitive conduct, which was unsustainable [2]. - As the price-fixing scheme was exposed, the prices of PVC pipes significantly decreased, negatively impacting Atkore's business and operations [2]. - The positive statements made by Atkore regarding its business and prospects were claimed to be materially false and misleading [2]. Group 2: Legal Process and Participation - Investors in Atkore have until April 23, 2025, to seek appointment as lead plaintiff representatives in the class action [3]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest in the case [3]. - Investors can choose to participate actively or remain as absent class members without affecting their ability to share in any recovery [3].
Class Action Filed Against Atkore Inc. (ATKR) Seeking Recovery for Investors - Contact Levi & Korsinsky
Prnewswire· 2025-03-12 09:45
NEW YORK, March 12, 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 February 1, 2024 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 ...
ATKR Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds Atkore Inc. (ATKR) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed
Prnewswire· 2025-03-12 01:06
Core Viewpoint - A securities class action lawsuit has been filed against Atkore Inc. for alleged anticompetitive practices related to price-fixing of PVC pipes, impacting the company's financial performance and misleading investors [1][2]. Group 1: Allegations Against Atkore - The lawsuit claims that Atkore engaged in a price-fixing scheme that artificially inflated the prices of PVC pipes, including both water and electrical conduit pipes [2]. - As a result of the alleged misconduct, Atkore reportedly gained significant but unsustainable financial benefits [2]. - The exposure of Atkore's price-fixing scheme led to a substantial decrease in PVC pipe prices, negatively impacting the company's business and operations [2]. - The positive statements made by Atkore regarding its business and prospects were claimed to be materially false and misleading [2]. Group 2: Legal Process and Participation - Investors in Atkore have until April 23, 2025, to seek appointment as a lead plaintiff in the class action lawsuit [3]. - A lead plaintiff represents the interests of all class members and typically has the largest financial stake in the case [3]. - Investors can choose to participate actively or remain as absent class members without affecting their ability to share in any recovery [3]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the class action and has a reputation for prosecuting class actions and recovering significant amounts for victims of corporate misconduct [4]. - The firm encourages affected Atkore investors to contact them for more information regarding the lawsuit [4].
Atkore Inc. Class Action: The Gross Law Firm Reminds Atkore Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 23, 2025 - ATKR
Prnewswire· 2025-03-10 09:45
Core Viewpoint - Atkore Inc. is facing allegations of engaging in an anticompetitive price-fixing scheme that artificially inflated the price of PVC Pipes, leading to significant financial benefits that were unsustainable [1] Group 1: Allegations and Impact - The complaint alleges that Atkore's actions included materially false and misleading statements regarding its business operations and prospects [1] - As the price-fixing scheme was exposed, Atkore and its co-conspirators could no longer maintain inflated prices, resulting in a substantial decrease in the price of PVC Pipes [1] - The company's business and operations were negatively impacted due to the exposure of the price-fixing scheme [1] Group 2: Class Action Details - The class period for the allegations is from February 1, 2024, to February 3, 2025, and shareholders are encouraged to register for the class action [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] Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [3]
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Atkore Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – ATKR
GlobeNewswire News Room· 2025-03-09 17:32
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Atkore Inc. common stock between February 1, 2024, and February 3, 2025, of the April 23, 2025, deadline to become a lead plaintiff in a class action lawsuit related to alleged misleading statements and anticompetitive practices [1][4]. Group 1 - The class action lawsuit alleges that Atkore engaged in an anticompetitive price-fixing scheme that artificially inflated the prices of polyvinyl chloride (PVC) water pipes and electrical conduit pipes [4]. - The lawsuit claims that Atkore benefited financially from this scheme until it was exposed, leading to a significant decrease in PVC pipe prices and negatively impacting Atkore's business operations [4]. - Investors are encouraged to join the class action without incurring out-of-pocket fees through a contingency fee arrangement [1][2]. Group 2 - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering substantial amounts for investors [3]. - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and securing over $438 million for investors in 2019 [3].
ATKR INVESTOR ALERT: Atkore Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-03-09 14:55
Core Viewpoint - The Atkore class action lawsuit alleges that Atkore Inc. and certain executives violated the Securities Exchange Act of 1934 through misleading statements and anticompetitive practices related to PVC pipe pricing [1][4]. Company Overview - Atkore Inc. is engaged in the manufacture and sale of electrical, mechanical, safety, and infrastructure products and solutions [3]. Allegations - The lawsuit claims that Atkore participated in a price-fixing scheme that artificially inflated PVC pipe prices, leading to unsustainable financial gains [4]. - As the price-fixing scheme was revealed, Atkore could no longer maintain inflated prices, resulting in a significant drop in PVC pipe prices and negatively impacting its business operations [4]. Financial Performance - On February 4, 2025, Atkore reported first-quarter fiscal year 2025 net sales of $661.6 million, a 17% decrease year-over-year, falling short of analysts' expectations of $680.7 million [5]. - The company revised its fiscal year 2025 guidance, projecting adjusted EPS of $5.75 to $6.85 and adjusted EBITDA of $375 million to $425 million, which is a substantial reduction from previous guidance of $7.80 to $8.90 and $475 million to $525 million, respectively [5]. - Following the announcement of these results, Atkore's stock price dropped nearly 20% [5].