Atkore (ATKR) Prnewswire·2025-04-05 23:58Core 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 [1][2]. Group 1: Allegations Against Atkore - Defendants are accused of engaging in an anticompetitive price-fixing scheme that artificially inflated the price of PVC pipes [2]. - The alleged misconduct resulted in significant, unsustainable financial benefits for Atkore [2]. - As the price-fixing scheme was exposed, Atkore faced a substantial decrease in the price of PVC pipes, negatively impacting its business and operations [2]. - Positive statements made by Defendants regarding Atkore's 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 acts on behalf of all class members and selects counsel to represent the class [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: Firm Information - Kessler Topaz Meltzer & Check, LLP is the law firm handling the class action and has a reputation for prosecuting class actions globally [4]. - The firm has recovered billions of dollars for victims of corporate misconduct [4].