The Gross Law Firm Issues Notice to Atkore Inc. Shareholders.
The Gross Law Firm is notifying Atkore Inc. (ATKR) shareholders who purchased stock between February 1, 2024, and February 3, 2025 about the opportunity to join a class action lawsuit based on allegations of a price-fixing scheme in the PVC pipe market.
Key Allegations Against Atkore Inc.
The complaint claims Atkore engaged in an anticompetitive conspiracy to inflate the price of PVC pipes, leading to significant, but unsustainable, financial benefits for the company. The lawsuit further alleges:
- Atkore participated in a price-fixing scheme that artificially raised PVC pipe prices.
- As a result of the scheme, Atkore profited substantially.
- When the price-fixing scheme was exposed, Atkore’s ability to manipulate prices decreased, causing a significant price drop.
- This price drop negatively affected Atkore’s business and operations.
- As a result, the positive statements made by Atkore’s executives during this time were false and misleading.
Action Steps for Atkore Shareholders
Shareholders who purchased Atkore stock during the class period are encouraged to join the class action lawsuit. The deadline to apply for the lead plaintiff role is April 23, 2025. While becoming a lead plaintiff is optional, registering allows shareholders to participate in any potential recovery.
- No Cost to Participate: There is no financial obligation to participate in the lawsuit.
- Lead Plaintiff Role: While applying for the lead plaintiff role is not required to join, it allows a shareholder to take a more active role in the legal process.
- Monitoring Software: Registered participants will receive portfolio monitoring updates throughout the duration of the case.
How to Register for the Class Action
For additional information, questions, or to discuss your case, please contact The Gross Law Firm at dg@securitiesclasslaw.com.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email:Â dg@securitiesclasslaw.comÂ
Phone: (646) 453-8903
Atkore Inc. is a leading provider of electrical, safety, and structural products. Established in 1959, the company designs and manufactures a wide range of innovative solutions for electrical, plumbing, mechanical, and industrial markets. Atkore’s primary products include PVC and metal conduit, cable management systems, metal framing systems, and protective coatings. With a strong emphasis on quality, innovation, and customer satisfaction, Atkore operates manufacturing facilities across North America, Asia, and Europe. The company is committed to providing sustainable, high-performance solutions and is dedicated to maintaining the highest safety and operational standards in all of its products and services. Atkore is publicly traded under the symbol "ATKR" on the New York Stock Exchange (NYSE).
The Gross Law Firm is a leading law firm specializing in securities class action litigation. With a focus on protecting the rights of investors, the firm represents shareholders who have been impacted by corporate fraud, misleading statements, and other securities violations. The Gross Law Firm is committed to providing skilled legal representation and advocacy to help investors recover losses resulting from fraudulent activities. The firm's experienced team is dedicated to ensuring that those affected by securities law violations have the opportunity to seek justice and compensation.
