Atkore (ATKR)

Search documents
ATKR Deadline in 3 Days: Kessler Topaz Meltzer & Check, LLP Reminds Atkore Inc. (ATKR) Investors of Filing Deadline in Class Action Lawsuit
Prnewswire· 2025-04-20 14:15
Core Viewpoint - Securities class action lawsuits have been filed against Atkore Inc. for alleged misconduct related to price-fixing of PVC pipes during the specified Class Period from August 2, 2022, to February 3, 2025 [1][2]. Group 1: Allegations Against Atkore - Defendants allegedly engaged in an anticompetitive price-fixing scheme that artificially inflated the price of PVC pipes, including both water pipes and electrical conduit pipes [2]. - Atkore reportedly gained significant and unsustainable financial benefits from this anticompetitive conduct [2]. - As the price-fixing scheme was exposed, Atkore and its co-conspirators could no longer maintain inflated prices, leading to a substantial decrease in PVC pipe prices [2]. - The company's business and operations were negatively impacted as a result of these actions [2]. - Positive statements made by the defendants regarding Atkore's business and prospects were claimed to be materially false and misleading [2]. Group 2: Legal Process and Representation - Investors in Atkore have until April 23, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - A lead plaintiff is typically the investor or small group of investors with the largest financial interest and who are representative of the proposed class [3]. - The lead plaintiff selects counsel to represent the class, and this decision does not affect the ability of other investors to share in any recovery [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP has a global reputation for prosecuting class actions and has recovered billions of dollars for victims of corporate misconduct [4]. - The firm aims to protect investors, consumers, and employees from fraud and negligence by businesses [4].
ATKR INVESTOR NEWS: Atkore Inc. Investors may be able to Recover Losses in Class Action Lawsuit -- Contact BFA Law before April 23 Deadline (NYSE:ATKR)
GlobeNewswire News Room· 2025-04-19 12:07
Core Viewpoint - A lawsuit has been filed against Atkore Inc. and its senior executives for potential violations of federal securities laws, focusing on misrepresentation related to PVC Pipe pricing and an alleged price-fixing scheme [1][2][5]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of Illinois, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. - Investors have until April 23, 2025, to request to lead the case [2]. Group 2: Company Background - Atkore manufactures electrical, safety, and infrastructure products, including PVC Pipe [3]. - The company faced challenges during the COVID-19 pandemic, with shipping costs rising and foreign manufacturers exiting the U.S. market [3]. Group 3: Allegations of Misrepresentation - Atkore allegedly misrepresented that post-pandemic PVC Pipe price declines were due to "pricing normalization" and competitive dynamics [4]. - An activist investor's report accused Atkore of engaging in an anticompetitive price-fixing scheme that inflated PVC Pipe prices [5]. Group 4: Stock Performance and Impact - On February 4, 2025, Atkore announced disappointing earnings, revealing a decline in the plastic pipe and conduit product category, which led to a nearly 20% drop in stock price from $79.72 to $64.13 per share [6]. - The company attributed approximately $75 million, or 3/4 of the guidance reduction, to its PVC Pipe business [6]. Group 5: Regulatory Scrutiny - On February 14, 2025, Atkore disclosed receiving a grand jury subpoena from the U.S. Department of Justice Antitrust Division regarding the pricing of its PVC products [7].
ATKR DEADLINE NOTICE: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Atkore Inc. Investors to Secure Counsel Before Important April 23 Deadline in Securities Class Action – ATKR
GlobeNewswire News Room· 2025-04-19 00:47
Core Viewpoint - Atkore Inc. is facing a class action lawsuit due to allegations of engaging in an anticompetitive price-fixing scheme that inflated the prices of PVC pipes, leading to significant financial damages for investors during the class period from August 2, 2022, to February 3, 2025 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Atkore made false and misleading statements regarding its business operations and financial health, which were based on unsustainable benefits derived from the alleged price-fixing scheme [5]. - As the price-fixing scheme was exposed, Atkore could no longer maintain inflated prices for PVC pipes, resulting in a substantial decrease in their market price and negatively impacting Atkore's business operations [5]. - Investors are reminded of the April 23, 2025, deadline to serve as lead plaintiff in the class action, which is crucial for directing the litigation on behalf of other class members [1][3]. Group 2: Legal Representation - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a proven track record in securities class actions, highlighting their own success in recovering hundreds of millions of dollars for investors [4]. - The firm has been recognized for its leadership in securities class action settlements, achieving significant recoveries, including over $438 million in 2019 alone [4].
Atkore Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. April 23, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-04-18 20:39
Core Viewpoint - Atkore Inc. is facing a class action lawsuit due to allegations of participating in an anticompetitive price-fixing scheme that inflated PVC pipe prices, leading to significant financial losses for investors [3]. Group 1: Class Action Details - The class action represents investors who purchased Atkore Inc. securities between February 1, 2024, and February 3, 2025, with a deadline of April 23, 2025, to file a lead plaintiff motion [1]. - Investors are encouraged to contact the Portnoy Law Firm for legal rights discussions and case evaluations [2]. Group 2: Allegations Against Atkore Inc. - The complaint alleges that Atkore engaged in a price-fixing scheme that artificially inflated PVC pipe prices [3]. - It is claimed that Atkore gained significant but unsustainable financial benefits from this scheme [3]. - Following the exposure of the price-fixing scheme, Atkore and its co-conspirators could no longer manipulate prices, resulting in a substantial decline in business operations [3]. - The lawsuit asserts that the defendants' positive statements regarding Atkore's business and prospects were materially false and misleading [3].
Levi & Korsinsky Reminds Atkore Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of April 23, 2025 - ATKR
Prnewswire· 2025-04-18 09:45
NEW YORK, April 18, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Atkore Inc. ("Atkore Inc." or the "Company") (NYSE: ATKR) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Atkore Inc. investors who were adversely affected by alleged securities fraud between August 2, 2022 and February 3, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/atkore-inc-lawsuit-submission-f ...
ATKR Deadline in 6 Days: Kessler Topaz Meltzer & Check, LLP Reminds Atkore Inc. (ATKR) Investors of Filing Deadline in Class Action Lawsuit
GlobeNewswire News Room· 2025-04-17 20:24
RADNOR, Pa., April 17, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that securities class action lawsuits have been filed in the United States District Court for the Northern District of Illinois against Atkore Inc. (“Atkore”) (NYSE: ATKR) on behalf of those who purchased or otherwise acquired Atkore common stock between August 2, 2022, and February 3, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is April 23, 2025. CONTACT ...
ATKR LAWSUIT ALERT: The Gross Law Firm Notifies Atkore Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-04-17 09:45
NEW YORK, April 17, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Atkore Inc. (NYSE: ATKR).Shareholders who purchased shares of ATKR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/atkore-inc-loss-submission-form/?id=143331&from=4CLASS PERIOD: August 2, 2022 to February 3, 2 ...
Canopy Growth Corporation Investors: Please contact the Portnoy Law Firm to recover your losses. June 3, 2025 Deadline to file Lead Plaintiff Motion.
GlobeNewswire News Room· 2025-04-16 14:33
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, April 16, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Canopy Growth Corporation ("Canopy" or the "Company") (NYSE: ATKR) investors of a class action representing investors that bought securities between May 30, 2024 and February 6, 2025, inclusive (the "Class Period"). Canopy Growth Corporation investors have until June 3, 2025 to file a lead plaintiff motion. Investors are encouraged to contact ...
Atkore Inc. Deadline Reminder: Kessler Topaz Meltzer & Check, LLP Reminds ATKR Investors of Important Lead Plaintiff Deadline on April 23, 2025
Prnewswire· 2025-04-15 15:31
RADNOR, Pa., April 15, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that securities class action lawsuits have been filed against Atkore Inc. ("Atkore") (NYSE: ATKR) on behalf of those who purchased or otherwise acquired Atkore common stock between August 2, 2022, and February 3, 2025, inclusive (the "Class Period"). The lead plaintiff deadline is April 23, 2025.CONTACT KESSLER TOPAZ MELTZER & CHECK, LLP:If you suffered Atkore losses, you may CLIC ...
ROSEN, A LEADING NATIONAL FIRM, Encourages Atkore Inc. Investors to Secure Counsel Before Important April 23 Deadline in Securities Class Action – ATKR
GlobeNewswire News Room· 2025-04-12 19:28
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Atkore Inc. common stock between August 2, 2022, and February 3, 2025, of the April 23, 2025, lead plaintiff deadline for a class action lawsuit related to alleged misleading statements and anticompetitive practices [1][4]. Group 1: Class Action Details - Investors who bought Atkore common stock during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 23, 2025 [2]. - The lawsuit alleges that Atkore engaged in a price-fixing scheme that artificially inflated the prices of PVC pipes, leading to significant financial benefits that were unsustainable [4]. Group 2: Allegations Against Atkore - The lawsuit claims that Atkore's actions included making false and misleading statements about its business and operations, which were materially false and lacked a reasonable basis [4]. - As the price-fixing scheme was exposed, Atkore and its co-conspirators could no longer maintain inflated prices, resulting in a substantial decrease in PVC pipe prices and negatively impacting Atkore's business [4]. - The lawsuit asserts that when the true details became public, investors suffered damages due to the misleading information provided by Atkore [4]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time and being ranked No. 1 for the number of settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Many attorneys at Rosen Law Firm have received recognition from Lawdragon and Super Lawyers, emphasizing the firm's expertise in this area [3].