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ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Atkore Inc. Investors to Secure Counsel Before Important April 23 Deadline in Securities Class Action – ATKR
LAWCS Disco(LAW) GlobeNewswire News Room·2025-04-16 00:30

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, deadline to become a lead plaintiff in a class action lawsuit related to alleged misleading statements and anticompetitive practices by Atkore [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 by April 23, 2025, to serve as lead plaintiff [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 price-fixing scheme was exposed, resulting in a substantial decrease in the price of PVC pipes and negatively impacting the company's business and operations [4]. - Defendants allegedly made false and misleading statements regarding Atkore's business prospects, which lacked a reasonable basis during the Class Period [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, securing over $438 million in 2019 alone [3].