Levi & Korsinsky Alerts Atkore Inc. Shareholders About Class Action Lawsuit Details

Class Action Alert for Atkore Inc. Shareholders

Levi & Korsinsky, LLP has officially notified investors of Atkore Inc. (NYSE: ATKR) regarding the initiation of a class action lawsuit related to alleged securities fraud. This legal action targets shareholders who suffered losses during a specific timeframe, from August 2, 2022, to February 3, 2025.

Background of the Lawsuit

The lawsuit claims that the defendants engaged in deceptive practices, which falsely inflated the company's stock value. Allegations include participation in an anticompetitive scheme that manipulated the market for PVC pipes, creating unsustainable financial advantages for Atkore Inc. As these practices came to light, the company reportedly faced a significant decline in stock value, adversely affecting its investors.

According to the complaint, the harmful actions of Atkore involved:
1. Participation in a price-fixing scheme for PVC pipes that artificially boosted their market price.
2. Enjoying substantial but misleading financial benefits derived from unethical conduct.
3. The eventual exposure of these practices led to a sharp decline in PVC pipe prices, seriously impacting the company's operations and revenue.
4. The resulting statements made by the company were deemed materially false and misleading.

Important Dates and Information for Investors

For shareholders who believe they qualify, the deadline to request that the Court appoint them as lead plaintiff in this case is April 23, 2025. Importantly, participation in this class action does not require one to be a lead plaintiff; all class members are eligible for compensation.

Levi & Korsinsky emphasizes that there will be no out-of-pocket costs for participating investors. This premise is built on the firm's long-standing reputation in securities litigation, securing substantial settlements over the years. Their expertise positions them as a reliable advocate for aggrieved shareholders.

Levi & Korsinsky's Credentials

For over two decades, Levi & Korsinsky has built a strong track record, earning recognition as one of the leading firms in the securities sector. The firm has been pivotal in securing hundreds of millions of dollars for shareholders, backed by a robust team of legal experts dedicated to maintaining justice in the financial markets.

Should any investor need assistance or wish to learn more about participating in the class action, they are encouraged to contact the attorneys at Levi & Korsinsky directly—either by email at [email protected] or by phone at (212) 363-7500.

For updates and information on this evolving legal matter, investors can also visit the Levi & Korsinsky website.

Conclusion

Investors in Atkore Inc. are urged to stay informed about this case and consider their options. With Levi & Korsinsky at the helm, shareholders have a dedicated team ready to assist them in navigating through this class action lawsuit, seeking to secure the justice and financial recovery they deserve.