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Kessler Topaz Meltzer & Check, LLP Issues Reminder About ATKR Securities Fraud Class Action Lawsuit Deadline

Kessler Topaz Meltzer & Check, LLP, a prominent law firm, is alerting investors with interests in Atkore Inc. (NYSE: ATKR) about a looming deadline concerning a securities fraud class action lawsuit. The firm encourages shareholders who acquired Atkore common stock from August 2, 2022, to February 3, 2025, to take note of the upcoming deadline for lead plaintiff submissions on April 23, 2025.

Background of the Case

The lawsuit was initiated due to allegations against Atkore Inc. of engaging in unethical business practices, notably a price-fixing conspiracy that resulted in the inflated prices of PVC pipes, which affected both water and electrical conduit markets. According to the claims, Atkore profited significantly due to these anti-competitive acts, leading to unsustainable financial advantages that misled investors about the company's true financial health.

As the lawsuit details, Atkore's fraudulent conduct ultimately came to light, causing a decline in the prices of PVC pipes and negatively impacting the company's operations. The firm further alleges that the statements made by Atkore about its business, operations, and future prospects were misleading and lacked a reasonable basis during the class period.

Role of the Lead Plaintiff

Investors who wish to take the lead in this class action lawsuit have until April 23, 2025, to express their intent. A lead plaintiff serves as the representative for all affected shareholders and plays a pivotal role in directing the course of the litigation. The lead plaintiff is typically the individual or group of investors who suffered the most significant financial losses and share characteristics typical of the larger group of investors concerned.

Participating as a lead plaintiff will allow investors to have a direct say in the selection of legal counsel and the strategy taken in the lawsuit, although investors may also choose to remain passive participants. Joining the class does not affect the ability of investors to recover damages in the event that a settlement is reached or a victory is achieved in court.

Call to Action for Affected Investors

Kessler Topaz Meltzer & Check, LLP is encouraging any Atkore shareholders who have experienced financial losses tied to the alleged misconduct to reach out for more information about the case. The firm aims to support investors through these challenging situations and help hold corporations accountable for their actions.

For those interested in joining the case or needing assistance, the firm provides further details on their website (www.ktmc.com) and suggests contacting attorney Jonathan Naji for personal assistance. As with any legal action, potential claimants should stay informed of their rights and options in order to effectively navigate the complexities of securities law.

About Kessler Topaz Meltzer & Check, LLP

Kessler Topaz Meltzer & Check, LLP is dedicated to protecting the rights of investors through prosecuting class action lawsuits across various jurisdictions. The firm has built a robust reputation in securing over billions of dollars in restitution for victims of fraud and corporate malpractice. Their mission revolves around ensuring transparency and accountability among businesses, protecting investors and consumers from deceptive practices.

For additional information or inquiries regarding the Atkore class action lawsuit, interested parties can visit Kessler Topaz Meltzer & Check, LLP's website or contact Jonathan Naji directly at (484) 270-1453 or via email.

This article serves as a reminder to keep vigilant about corporate conduct and the rights of investors amidst potential financial misconduct.