#United States #New York #Class Action #Atkore Inc. #PVC Pipes

Class Action Lawsuit Overview Against Atkore Inc.

The Gross Law Firm has recently alerted shareholders of Atkore Inc. (NYSE: ATKR) regarding a class action lawsuit that could significantly impact those who purchased shares during the specified class period. Understanding the details behind this case is essential for investors to ensure their rights are protected.

Key Details of the Class Action

The class action lawsuit addresses accusations that Atkore engaged in anti-competitive practices that led to artificially inflated prices for PVC pipes. Here are the critical aspects that shareholders should be aware of:

• - Class Period: The allegations focus on actions occurring from August 2, 2022, to February 3, 2025. Investors who bought shares during this timeframe may potentially have claims.
• - Allegations Against Atkore: The lawsuit asserts that Atkore and its co-defendants issued materially false and misleading statements. Specifically, the firm is accused of:

1. Participating in a price-fixing scheme that manipulated the market prices for PVC pipes.
2. Gaining unsustainable financial benefits due to these practices.
3. The exposure of these anti-competitive activities led to a decline in the price of PVC pipes, negatively impacting Atkore's business operations.
4. Misleading shareholders with optimistic statements about the company's health which lacked a substantiated basis.

Importance of Registering

Shareholders are encouraged to register for the class action by April 23, 2025. Registering will not only inform participants about the developments in the case but also allows them to be part of potential recovery processes without any upfront costs or obligations. Additionally, registering secures enrollment in monitoring software, ensuring that shareholders receive updates regarding the lawsuit's progress.

Next Steps for Shareholders

If you believe that you may have a valid claim based on your purchases of ATKR shares within the mentioned dates, it is crucial to act promptly. Here’s how you can proceed:
1. Fill out the Registration Form: Potential claimants can access the form at the following link: Registration Form
2. Await Further Communication: After registration, the law firm will keep you updated on the case status.
3. Consider Lead Plaintiff Appointment: You may express your interest in becoming the lead plaintiff, but it is not mandatory to take part in the lawsuit. This role generally involves more responsibility and public representation of the shareholders' interests.

The Role of The Gross Law Firm

The Gross Law Firm is a well-respected class action law firm committed to safeguarding investors' rights amidst fraud, deceit, and unethical business practices. They actively seek redress for shareholders who have suffered due to misleading statements or non-disclosure of significant business operations. Their mission is not only to ensure justice for individual investors but to promote accountability among corporations.

Conclusion

As the deadline approaches for this class action lawsuit against Atkore Inc., it is vital for shareholders to remain informed and proactive. Ensuring that you register in a timely manner can be crucial in safeguarding your financial interests. For inquiries and more information, shareholders are encouraged to contact The Gross Law Firm at their New York office.

Contact Information:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

Act decisively, stay informed, and protect your investments.