Investors of Atkore Inc. Have a Vital Opportunity to Join Class Action Lawsuit
In a significant development for shareholders of Atkore Inc. (NYSE: ATKR), the Rosen Law Firm has issued a reminder regarding a class action lawsuit that could affect those who purchased Atkore common stock between February 1, 2024, and February 3, 2025.
Understanding the Situation
The law firm has identified a critical deadline of April 23, 2025, for individuals wishing to take on the role of lead plaintiff in this case. A lead plaintiff is vital as they represent the interests of other shareholders and guide the litigation process. Rosen Law Firm aims to ensure that affected investors are informed and prepared to act.
Steps to Take
If you bought Atkore stock during the aforementioned Class Period, you might be entitled to compensation without needing to pay out-of-pocket expenses, thanks to a contingency fee model. Investors can join the class action lawsuit by visiting the firm’s website
Rosen Legal or by directly contacting Phillip Kim, Esq. at 866-767-3653. Additionally, potential lead plaintiffs must file their motion by the April 23, 2025, deadline.
Background on the Case
The lawsuit claims that throughout the Class Period, Atkore made a series of false and misleading statements regarding its business operations. Key allegations include:
- - Price-Fixing Scheme: Atkore is accused of participating in an anticompetitive price-fixing scheme which artificially inflated the cost of PVC Pipes. This unethical practice reportedly led to substantial, unsustainable financial gains for the company.
- - Consequences of Exposure: As the illicit price-fixing activities came to light, Atkore and its co-conspirators faced the inevitable collapse of artificially inflated prices. This revelation ultimately harmed Atkore’s operations and overall business performance.
- - Misleading Statements: Throughout this period, statements made by the company's executives regarding the firm’s business prospects lacked accuracy and were misleading at the most fundamental level, failing to represent the realities of shareholder risks.
Why Choose Rosen Law Firm?
Rosen Law Firm emphasizes the importance of selecting experienced legal counsel when engaging in securities class actions. Their firm has a proven track record, being recognized for securing substantial settlements over the years, including the largest securities class action settlement against a Chinese company at that time. In 2019 alone, they successfully recovered more than $438 million for investors.
Conclusion
If you have been affected by the alleged actions of Atkore and your investments have suffered as a result, it is crucial to engage in this opportunity. Potential class members can choose to remain uninvolved or select their legal representation; however, prompt action is advisable, especially if eligibility for lead plaintiff is of interest. Investors are encouraged to actively seek further information using the provided contacts and links, staying informed as the case progresses.
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Disclaimer: This article does not guarantee any outcomes for class action suits and is for informational purposes only.
Contact Information
For additional inquiries, contact:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor,
New York, NY 10016
Tel: (212) 686-1060
Toll-Free: (866) 767-3653
Email:
info@rosenlegal.com
Website:
www.rosenlegal.com