Notice of Class Action for Atkore Inc. Investors
LOS ANGELES, April 18, 2025 — The Portnoy Law Firm brings attention to a class action lawsuit involving Atkore Inc., publicly traded on the NYSE under the ticker symbol ATKR. This action pertains to investors who acquired the company’s securities between February 1, 2024, and February 3, 2025. The deadline for filing a lead plaintiff motion is set for April 23, 2025.
Details of the Allegations
The complaint alleges that Atkore Inc. engaged in a scheme that violated antitrust laws through price-fixing in the PVC pipe market. Key points of the allegations include:
- The company is said to have participated in an anticompetitive price-fixing arrangement that artificially raised PVC pipe prices.
- At its peak, Atkore reportedly enjoyed substantial but unsustainable financial gains from this scheme.
- Upon the exposure of the price-fixing practices, Atkore could no longer manipulate PVC pipe prices, leading to a significant decline in its market value.
- The company’s operations faced serious challenges as a result of these revelations.
- Consequently, the positive statements previously made by company leaders concerning Atkore’s business outlook were deemed materially misleading.
How Affected Investors Can Participate
Investors who wish to discuss their legal rights regarding this lawsuit are encouraged to reach out to attorney Lesley F. Portnoy via phone at 310-692-8883 or email at le****@********aw.com. A complimentary case evaluation is available to help investors understand their options for recovery.
About The Portnoy Law Firm
With a strong commitment to representing investors, the Portnoy Law Firm has a proven track record, having recovered over $5.5 billion for clients who have suffered from corporate misconduct. Prospective clients can learn more and submit their transaction information by visiting www.portnoylaw.com.
