ATKR INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Atkore Inc. Investors with Substantial Losses Have Opportunity to Lead the Atkore Class Action Lawsuit

Core Viewpoint - The Atkore class action lawsuit alleges that Atkore Inc. and certain executives violated the Securities Exchange Act of 1934, involving claims of anticompetitive practices and misleading financial disclosures [1][4]. Group 1: Allegations and Financial Impact - The lawsuit claims Atkore engaged in a price-fixing scheme that artificially inflated PVC pipe prices, leading to unsustainable financial benefits [4]. - Following the exposure of the price-fixing scheme, Atkore's ability to maintain inflated prices diminished, resulting in a significant drop in PVC pipe prices and negatively impacting its business operations [4]. - On February 4, 2025, Atkore reported Q1 fiscal year 2025 net sales of $661.6 million, a 17$680.7 million [5]. - Atkore revised its fiscal year 2025 guidance, projecting adjusted EPS of $5.75 to$6.85 and adjusted EBITDA of $375 million to$425 million, significantly lower than previous guidance of $7.80 to$8.90 and $475 million to$525 million [5]. - Following the financial announcement, Atkore's stock price fell nearly 20% [5]. Group 2: Legal Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Atkore common stock during the class period to seek appointment as lead plaintiff in the lawsuit [6]. - The lead plaintiff is typically the investor with the greatest financial interest in the case and acts on behalf of all class members [6]. - Investors can choose their own law firm to represent them in the class action lawsuit, and participation as lead plaintiff does not affect the ability to share in any potential recovery [6]. Group 3: About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud cases, having secured the most monetary relief for investors in six out of the last ten years [7]. - The firm has recovered $6.6 billion for investors in securities-related class action cases, significantly more than any other law firm in the past four years [7]. - Robbins Geller is one of the largest plaintiffs' firms globally, with a history of obtaining substantial securities class action recoveries [7].