Gross Law Firm Issues Alert for Atkore Inc. Shareholders
The Gross Law Firm has issued an important notice for shareholders of Atkore Inc. (NYSE: ATKR), highlighting the potential impact of an upcoming class action lawsuit. This development is particularly crucial for those who purchased shares between August 2, 2022, and February 3, 2025. Investors are encouraged to contact the firm to discuss possibilities regarding lead plaintiff appointments.
Allegations and Details
According to the lawsuit, various allegations suggest that Atkore engaged in an anti-competitive scheme specifically targeting the pricing of PVC pipes. Key points raised in the allegations include:
1.
False Statements: The firm claims that defendants issued materially misleading statements to investors and failed to disclose crucial information.
2.
Price-Fixing Scheme: Atkore supposedly participated in a price-fixing agreement that artificially inflated PVC pipe prices, creating artificial demand and financial benefits that were unsustainable.
3.
Business Impact: As a result of this exposed scheme, Atkore and its co-conspirators could no longer maintain the inflated prices leading to significant decreases affecting business operations and stock prices.
4.
Misleading Communication: The positive statements made by the defendants about Atkore's business were reportedly unfounded, lacking the necessary basis throughout the relevant periods.
Upcoming Deadlines and Actions for Shareholders
Shareholders must act swiftly, as the deadline to register for this class action is April 23, 2025. By registering, shareholders will gain access to a portfolio monitoring system that provides updates during the lifecycle of the case. The Gross Law Firm reassures that there is no financial obligation involved in participating.
Why Choose Gross Law Firm?
The Gross Law Firm is a nationally recognized leader in class-action lawsuits, dedicated to upholding the rights of investors who have suffered losses due to fraudulent activities. Their commitment extends towards ensuring that businesses adhere to ethical practices and engage in responsible citizenship. Shareholders are urged to reach out for assistance in registering their claims, reinforcing the law firm's role as advocates for justice in the marketplace.
Contact Information
For those interested in registering or seeking more information, shareholders can reach the Gross Law Firm at:
- - Phone: (646) 453-8903
- - Email: [email protected]
- - Address: 15 West 38th Street, 12th Floor, New York, NY 10018
By acting now, investors can safeguard their interests and ensure they are included in the ongoing legal pursuit against alleged corporate misconduct. Don’t delay—time is essential in these matters.