Investors of Atkore Inc. Have a Chance to Lead Securities Fraud Lawsuit

In a significant announcement, the Rosen Law Firm, a reputable global leader in investor rights, is calling attention to the ongoing securities fraud lawsuit against Atkore Inc. (NYSE: ATKR). As part of this legal action, those who purchased common stock of Atkore between February 1, 2024, and February 3, 2025, are being urged to take necessary steps to potentially recover damages.

The Significance of the Class Period

The timeline referred to as the “Class Period” is critical for affected investors. The lawsuit highlights how the defendants made misleading statements and failed to disclose significant, material information about Atkore's operations during this time. Investors have until April 23, 2025, to become involved in this class action lawsuit if they wish to serve as lead plaintiffs. This deadline is crucial for establishing their position in the litigation process, as a lead plaintiff represents the collective interests of all class members.

Understanding the Basis of the Lawsuit

The allegations center on Atkore's involvement in a price-fixing scheme affecting PVC pipes. Specifically, the lawsuit claims:
1. Atkore engaged in anticompetitive practices that led to artificially inflated prices for PVC pipes.
2. The company benefited financially from these illegal activities, which created unsustainable profits.
3. Once these practices were exposed, Atkore and its conspirators could no longer uphold inflated price levels, leading to a significant decline in the price of PVC pipes.
4. As a direct result of this decline, Atkore's business operations suffered severely.
5. Consequently, statements made by the company's leadership about its business health and prospects were not only misleading but also lacked a reasonable basis.

The implications of these allegations mean that affected investors may be entitled to compensation, which would come without any out-of-pocket fees due to the contingency fee arrangements often used in such lawsuits.

Steps to Join the Class Action

Interested investors should visit this link to join the Atkore class action. Alternatively, they can contact Phillip Kim, Esq. at 866-767-3653 or reach out via email at pk@rosenlegal.com for more information. It’s worth noting that a class has not yet been certified, meaning that until that occurs, investors must select their counsel if they wish to pursue their claims.

Why Choose Rosen Law Firm?

Choosing the right legal representation is paramount in these situations. Rosen Law Firm has a proven track record in securities litigation, holding a reputation for success in leading roles within various significant class actions. In fact, they achieved one of the largest-ever settlements against a Chinese company in the history of securities class action lawsuits and have consistently earned top rankings for their performance in this field.

In 2019 alone, the firm recovered over $438 million for investors, showcasing their commitment to achieving justice for their clients. Furthermore, many of the firm's attorneys are recognized as leaders by esteemed legal organizations like Lawdragon and Super Lawyers.

Conclusion

The legal landscape regarding Atkore Inc. is developing, and affected investors may have a vital chance to recover damages through this lawsuit. As the April 23, 2025 deadline approaches, it’s essential for individuals who purchased common stock during the class period to act promptly if they wish to participate. Investors are encouraged to strategically select experienced legal counsel to navigate this process effectively and maximize their chances of a successful outcome.