ASIA-PACIFIC excl. Japan | Industrials Equity Research Alpha Signals in China's Fragile Recovery China's manufacturing is undergoing a complex transition shaped by domestic consumption shifts, global trade dynamics, and technology innovation. We summarize our insights from recent field research across the YRD region, by answering the questions on recent demand momentum domestically and globally, as well as the alpha opportunities we've seen from differentiation, globalization, import substitution and new ec ...

Core Viewpoint - Kaskela Law LLC is investigating potential breach of fiduciary duty claims against Atkore Inc. on behalf of long-term shareholders due to allegations of securities fraud and anticompetitive behavior [1][2]. Summary by Relevant Sections Allegations of Misconduct - A securities fraud complaint has been filed against Atkore, claiming that during the Class Period (February 1, 2024, to February 3, 2025), the company and its executives made materially false statements and failed to disclose an anticompetitive price-fixing scheme that inflated PVC pipe prices [2][3]. - The complaint alleges that Atkore benefited financially from this scheme, which became unsustainable once exposed, leading to a significant drop in PVC pipe prices [3]. Financial Impact - On February 4, 2025, Atkore announced its Q1 fiscal year 2025 results, reporting net sales of $661.6 million, which fell short of analysts' expectations of $680.7 million [4]. - The company also reduced its adjusted EPS and EBITDA guidance for the remainder of fiscal year 2025, attributing a significant portion of the guidance reduction (approximately $75 million or 3/4) to poor performance in its PVC business [4]. - Following this announcement, Atkore's stock price dropped by $15.59, nearly 20%, closing at $64.13 per share on unusually high trading volume [4]. Investigation Details - The investigation aims to determine if Atkore's board of directors violated securities laws or breached fiduciary duties related to the alleged misconduct [5]. - Current shareholders who have held Atkore shares since at least February 1, 2024, are encouraged to contact Kaskela Law LLC for more information regarding their legal rights and options [5].

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Atkore Inc. due to a class action complaint alleging breaches of fiduciary duties by the board of directors [1] Group 1: Allegations and Impact - The class action alleges that during the class period, Atkore made materially false and misleading statements and failed to disclose adverse facts about its business and operations [2] - Specific allegations include Atkore's engagement in an anticompetitive price-fixing scheme that artificially inflated the price of PVC pipes, leading to unsustainable financial benefits [2] - As the price-fixing scheme was exposed, Atkore could no longer maintain inflated prices, resulting in a significant decrease in PVC pipe prices and negative impacts on its business and operations [2] Group 2: Legal Representation and Contact - Long-term stockholders of Atkore are encouraged to contact Bragar Eagel & Squire, P.C. for more information regarding the claims and their rights [3] - The law firm specializes in representing individual and institutional investors in complex litigation across state and federal courts [4]

Core Viewpoint - Atkore Inc. is facing a class action securities lawsuit due to alleged securities fraud related to an anticompetitive price-fixing scheme involving PVC Pipes, which has negatively impacted the company's financial performance and operations [1][2]. Group 1: Lawsuit Details - The lawsuit seeks to recover losses for investors affected by alleged securities fraud between August 2, 2022, and February 3, 2025 [1]. - The complaint alleges that Atkore engaged in a price-fixing scheme that artificially inflated PVC Pipe prices, leading to unsustainable financial benefits for the company [2]. - As the price-fixing scheme was exposed, the price of PVC Pipes significantly decreased, adversely affecting Atkore's business and operations [2]. Group 2: Investor Participation - Investors who suffered losses during the relevant timeframe have until April 23, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Legal Firm Background - Levi & Korsinsky has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].

Core 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 from August 2, 2022, to February 3, 2025 [1][2]. Group 1: Allegations Against Atkore - Defendants allegedly engaged in an anticompetitive price-fixing scheme that artificially inflated the price of PVC pipes, including both water pipes and electrical conduit pipes [2]. - Atkore reportedly gained significant and unsustainable financial benefits from this anticompetitive conduct [2]. - As the price-fixing scheme was exposed, Atkore and its co-conspirators could no longer maintain inflated prices, leading to a substantial decrease in PVC pipe prices [2]. - The company's business and operations were negatively impacted as a result of these actions [2]. - Positive statements made by the defendants regarding Atkore's business and prospects were claimed to be materially false and misleading [2]. Group 2: Legal Process and Representation - Investors in Atkore have until April 23, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest and who are representative of the proposed class [3]. - The lead plaintiff selects counsel to represent the class, and this decision does not affect the ability of other investors to share in any recovery [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP has a global reputation for prosecuting class actions and has recovered billions of dollars for victims of corporate misconduct [4]. - The firm aims to protect investors, consumers, and employees from fraud and negligence by businesses [4].