COMPANY |
Atkore Inc. |
COURT |
United States District Court for the Northern District of Illinois |
CASE NUMBER |
1:25-cv-01851 |
JUDGE |
The Hon. John Joseph Tharp Jr. |
CLASS PERIOD |
August 2, 2022 and February 3, 2025 |
SECURITY TYPE |
Common Stock |
Case Background:
This is a class action lawsuit filed on behalf of those who purchased or otherwise acquired Atkore Inc. (“Atkore”) (NYSE: ATKR) common stock between August 2, 2022, and February 3, 2025, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Defendants made false and misleading statements and/or failed to disclose that: (1) Atkore engaged in an anticompetitive price-fixing scheme that artificially inflated the price of PVC Pipes; (2) in turn, Atkore reaped significant, unsustainable financial benefits from its anticompetitive conduct; (3) as Atkore’s price-fixing scheme was exposed, Atkore and its price fixing co-conspirators were no longer able to artificially inflate the price of PVC Pipes, resulting in a substantial decrease in the price of PVC Pipes; (4) Atkore’s business and operations were negatively impacted; and (5) as a result of the foregoing, Defendants’ positive statements about Atkore’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Current Status of Case:
On May 30, 2025, the Court appointed Lead Plaintiff and Lead Counsel. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.