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ATKR Deadline Approaching on April 23, 2025: Kessler Topaz Meltzer & Check, LLP Reminds Atkore Inc. (ATKR) Investors of Class Action Lawsuit Deadline
Prnewswire· 2025-03-31 23:37
Core Viewpoint - Securities class action lawsuits have been filed against Atkore Inc. for alleged misconduct during the Class Period from August 2, 2022, to February 3, 2025, with a lead plaintiff deadline set for April 23, 2025 [1]. Allegations Against Atkore - Defendants are accused of making false and misleading statements and failing to disclose an anticompetitive price-fixing scheme that inflated the price of PVC pipes [2]. - The alleged price-fixing led to significant but unsustainable financial benefits for Atkore, which were negatively impacted once the scheme was exposed, resulting in a substantial decrease in PVC pipe prices [2]. - Positive statements made by Atkore regarding its business and operations are claimed to be materially false and misleading due to the undisclosed misconduct [2]. Lead Plaintiff Process - Investors in Atkore can seek to be appointed as lead plaintiff representatives by April 23, 2025, or choose to remain absent class members [3]. - The lead plaintiff will represent the interests of all class members and select counsel to direct the litigation [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].