Investors of Atkore Inc. Urged to Join Class Action Lawsuit Over Price-Fixing Allegations

Atkore Inc. Sued for Securities Law Violations



In recent developments concerning Atkore Inc. (NYSE: ATKR), the Gross Law Firm has announced a class action lawsuit aimed at the company. This legal action stems from serious allegations surrounding the company's involvement in an anticompetitive pricing scheme that reportedly inflated the prices of PVC pipes. Investors who purchased shares during the class period from February 1, 2024, to February 3, 2025, are particularly urged to take notice.

Allegations Against Atkore Inc.


The lawsuit claims that Atkore engaged in misleading practices that misrepresented the company's financial integrity. Among the major allegations are:
1. Atkore is accused of participating in a price-fixing scheme that artificially inflated the prices of PVC pipes.
2. The company reportedly gained unsustainable financial benefits due to this anticompetitive conduct.
3. As the price-fixing practices came to light, Atkore, along with its competitors, faced a significant reduction in PVC pipe prices, which negatively impacted operations and overall business health.
4. There is a focus on how statements made by the defendants about Atkore's market position, operations, and future prospects were materially misleading during this period.

The Gross Law Firm is inviting Atkore shareholders who may have been affected to explore their eligibility to become lead plaintiffs in this lawsuit. Participation in the class action does not hinge on being appointed as a lead plaintiff, making this a viable option for many investors.

Next Steps for Shareholders


Investors interested in being involved in this legal action are encouraged to register before the deadline on April 23, 2025. They can register their information and be enrolled in monitoring software that will provide continuous updates and developments regarding the case. This is an essential step to ensure their rights and seek potential recovery from any losses incurred due to the alleged misconduct by Atkore Inc.

Furthermore, the Gross Law Firm emphasizes that they are committed to protecting the rights of investors who have been misled by corporate actions, insisting on accountability and adherence to responsible business practices.

For shareholders wishing to take action, they can visit the Gross Law Firm's dedicated web page for Atkore Inc. to find the necessary forms and additional details: Gross Law Firm - Atkore Class Action Submission Form.

Commitment of the Gross Law Firm


The Gross Law Firm is recognized nationally for its robust legal services in class action cases, focusing on ensuring that companies follow ethical business practices. Their mission is to advocate for investors who have suffered losses due to deceit, fraud, or illegal business activities. Through this lawsuit, they aim to provide a pathway for affected shareholders to receive justice and fair compensation for their losses.

As this legal battle unfolds, investors and interested parties are urged to stay informed and connected to any developments. Registering without delay could ensure that impacted shareholders are not left out as critical updates emerge.

By taking proactive steps and engaging with this legal opportunity, Atkore shareholders can stand up against corporate misdeeds and seek rightful recovery for their investments.

Topics Financial Services & Investing)

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