#United States #New York #Securities Fraud #Rosen Law Firm #Atkore Inc.

Investors Urged to Join Atkore Inc. Securities Fraud Lawsuit

In a recent announcement, the Rosen Law Firm, a leading global investor rights law firm, has drawn attention to an important opportunity for individuals who purchased common stock of Atkore Inc. (NYSE: ATKR) during a specified period. This lawsuit addresses significant allegations of securities fraud that surround the company's business practices.

Key Details of the Case

The Rosen Law Firm reminds investors that if they acquired Atkore Inc. stock between February 1, 2024, and February 3, 2025, they might be eligible for compensation without bearing out-of-pocket costs through a contingency fee arrangement. Investors are encouraged to take action before the April 23, 2025, deadline to be designated as a lead plaintiff in the case.

Understanding the Implications

The essence of the lawsuit centers on allegations that Atkore was involved in an anticompetitive price-fixing scheme related to PVC pipes. This scheme, as articulated in the legal documents, allegedly enabled Atkore to artificially inflate prices, generating unsustainable financial benefits. When the true nature of these activities became public, the company's stock price experienced significant declines, resulting in substantial damages for shareholders.

Taking Action

Investors wishing to participate in this class action can find more information and submit their claims through the Rosen Law Firm's website or by contacting Phillip Kim, Esq., who has been highlighted as a key contact for potential claimants. This step is crucial as aligning oneself with qualified legal counsel greatly increases the chances of successful recovery actions. The Rosen Law Firm highlights the importance of selecting experienced counsel, as some firms may not have the resources or expertise needed to effectively manage such litigation.

Historical Context and the Firm's Reputation

Rosen Law Firm has built a robust reputation in the legal landscape, particularly in the realm of securities class actions. The firm previously achieved historical settlements, and their leaders have been recognized for their expertise and success in representing investors. Notably, they were ranked number one for the number of securities class action settlements in 2017 and have consistently performed at the top levels in the years that followed.

The Importance of Acting Swiftly

As the April 23 deadline approaches, affected investors are reminded that joining the case sooner rather than later can improve their standing as potential lead plaintiffs. A lead plaintiff plays a critical role in guiding the class action and bringing collective interests to the forefront of litigation efforts. It is essential to note that until a class is certified, individuals are not automatically represented unless they choose to engage legal counsel. Investors also retain the option to remain abstaining members without taking further action at this time.

Future Steps

Those interested in learning more about how to join the Atkore class action lawsuit should visit the Rosen Law Firm's designated webpage for submissions. For personalized queries, contacting Phillip Kim’s office via phone or email is recommended. The response time could be vital in ensuring the submission is processed before the impending deadline.

Conclusion

It is crucial for Atkore Inc. investors to remain informed about their rights and options regarding the ongoing securities fraud lawsuit. By taking timely action, shareholders can potentially recover some of the losses incurred due to the alleged fraudulent practices of the company. Following updates and engaging with reputable legal representation are important proactive steps for anyone affected during the class period.