Rosen Law Firm Encourages ATKR Investors to Join Securities Fraud Class Action

Investors of Atkore Inc. Urged to Take Action in Securities Fraud Case

In a significant development for investors of Atkore Inc. (NYSE: ATKR), the Rosen Law Firm, a renowned global investor rights firm, is urging those who purchased common stock during the period from February 1, 2024, to February 3, 2025, to be aware of an important deadline. The firm notes that investors may have the opportunity to participate in a class action lawsuit concerning alleged securities fraud involving Atkore Inc.

Key Details of the Case

The Rosen Law Firm reminds stakeholders that the deadline for filing to serve as lead plaintiff in this class action is set for April 23, 2025. By becoming lead plaintiff, individuals have the chance to represent fellow class members, guiding the litigation pertaining to claims against the company for its alleged misconduct during the Class Period. Under a contingency fee arrangement, those who choose to join will incur no out-of-pocket expenses while pursuing their claims.

What is the Basis for the Lawsuit?

According to the claims detailed in the lawsuit, Atkore Inc. allegedly engaged in an illegal anti-competitive pricing scheme that artificially inflated prices for PVC pipes, leading to short-term financial gains for the company. However, as the scheme became known, the prices of PVC pipes subsequently fell, negatively impacting Atkore's business operations and undermining the integrity of the statements made by the company regarding its financial health.

Stakeholders are particularly concerned about the potential damages incurred when the truth was revealed, causing a financial downturn for investors who relied on the firm’s previous reassurances about its robust business model.

How to Get Involved

To join the class action against Atkore, investors can visit the dedicated page at Rosen Law Firm's website or directly contact attorney Phillip Kim via phone at 866-767-3653 or through email at info@rosenlegal.com. It's crucial for potential participants to know that until a class is officially certified, they are not represented unless they have retained legal counsel.

The Importance of Choosing the Right Counsel

In the wake of a potential class action, the Rosen Law Firm emphasizes the importance of selecting an experienced legal team. With a proven track record in handling securities class action cases, the firm stands out, having achieved numerous substantial settlements for investors globally, including a record recovery of $438 million in a single year. Investors are advised to be prudent when selecting counsel as many firms that offer such notices may lack the experience to effectively litigate cases.

Tracking the Progress

As this situation develops, investors are encouraged to remain informed. Updates and further information can be accessed through Rosen Law Firm's social media channels on LinkedIn, Twitter, and Facebook.

In conclusion, investors in Atkore Inc. should assess their options carefully, particularly as the April deadline approaches. Joining the class action could be an essential step towards recovering potential losses from what they may have experienced during the class period.

Disclaimer

As legal proceedings evolve, the firm outlines that prior successful outcomes do not guarantee future results. It is vital for interested parties to conduct thorough research and make informed decisions regarding their participation in the ongoing lawsuit.