Atkore (ATKR) Prnewswire·2025-03-10 09:45Core 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]