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Lead Plaintiff Deadline Approaching: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Securities Fraud Class Action Lawsuit Filed Against Atkore Inc.
ATKRAtkore (ATKR) GlobeNewswire News Room·2025-04-05 13:34

Core Viewpoint - Securities class action lawsuits have been filed against Atkore Inc. for alleged anticompetitive practices during the Class Period from August 2, 2022, to February 3, 2025 [1] Allegations Against Atkore - Defendants are accused of engaging in a price-fixing scheme that artificially inflated the prices of PVC pipes, leading to unsustainable financial benefits for Atkore [3] - The exposure of this scheme resulted in a significant decrease in PVC pipe prices, negatively impacting Atkore's business and operations [3] - Positive statements made by Defendants regarding Atkore's business and prospects were claimed to be materially false and misleading [3] Lead Plaintiff Process - Investors in Atkore have until April 23, 2025, to seek appointment as lead plaintiff, representing the class in the litigation [4] - The lead plaintiff is typically the investor or group of investors with the largest financial interest in the case [4] - Participation as a lead plaintiff does not affect the ability to share in any recovery from the lawsuit [4]