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ATKR Investors Have Opportunity to Lead Atkore Inc. Securities Fraud Lawsuit with the Schall Law Firm
ATKRAtkore (ATKR) Prnewswire·2025-02-28 20:09

Core Viewpoint - A class action lawsuit has been filed against Atkore Inc. for alleged violations of the Securities Exchange Act due to false and misleading statements regarding its PVC pipe pricing practices [1][4]. Group 1: Lawsuit Details - The lawsuit is based on allegations that Atkore engaged in a price-fixing scheme that artificially inflated the price of its PVC pipes, leading to unsustainable financial benefits for the company [4]. - Investors who purchased Atkore's securities between February 1, 2024, and February 3, 2025, are encouraged to participate in the lawsuit before the deadline of April 23, 2025 [2]. Group 2: Impact on Investors - The revelation of the price-fixing scheme resulted in a substantial decrease in the price of Atkore's PVC pipes, causing significant damages to investors when the truth was disclosed [4]. - The class action has not yet been certified, meaning that affected investors are not currently represented by an attorney unless they take action [3].