Lead Plaintiff Deadline is Approaching - Act Now
Atkore Inc.® Class Action
Westchester Putnam Counties Heavy & Highway Laborers Local 60 Benefits Fund v. Atkore, Inc. et al.
Class Period : 02/01/2024 - 02/03/2025
Lead Plaintiff Motion Deadline: 4/23/25
Allegations of Anticompetitive Price-Fixing
The Atkore class action lawsuit alleges that the company engaged in anticompetitive conduct by participating in a price-fixing scheme that artificially inflated the prices of PVC Pipes. The lawsuit claims that:
- Atkore exchanged confidential and competitively sensitive data with other U.S.-based PVC Pipe manufacturers to inflate prices during the COVID-19 pandemic when foreign manufacturers could not compete.
- The company failed to disclose the significant impact of this illegal price-fixing scheme on its operations and pricing strategy.
- As a result, Atkore reaped unsustainable financial benefits, which were eventually exposed as the PVC Pipe price decline became more widespread.
The Truth Revealed
On February 4, 2025, Atkore announced disappointing Q1 FY2025 financial results. Net sales of $661.6 million missed analysts’ estimates of $680.7 million. The company also drastically reduced its earnings guidance for the remainder of the year.
Atkore's CFO disclosed that PVC business performance was a major contributor to the poor results and attributed a substantial portion of the lowered guidance to the normalization of PVC Pipe pricing.
Stock Price Drop
On this news, Atkore's stock price plummeted by nearly 20%, falling from $79.72 per share on February 3, 2025, to $64.13 on February 4, 2025 — a drop of $15.59 per share.
Your Legal Rights as a Shareholder
If you purchased Atkore stock before February 4, 2025, you may have a right to participate in this class action lawsuit and seek compensation for your financial losses.
By joining this lawsuit, you can:
- Pursue potential recovery for your investment losses.
- Hold Atkore accountable for its anticompetitive conduct.
- Support a legal action that seeks to enforce fair competition in the marketplace.
Take action now to protect your investment.
Contact securities litigation attorneys to discuss your legal options and join the class action before the deadline.
Act Now — Don't miss your opportunity to pursue justice and recovery.
DiCello Levitt Fights to Protect Shareholder Rights
At DiCello Levitt, we are dedicated to representing shareholders harmed by corporate misconduct. Our experienced legal team is committed to holding companies accountable when they mislead investors and cause financial losses. With a proven track record in securities litigation, we understand what it takes to build a strong case and fight for maximum compensation.
If you've suffered losses due to alleged misstatements, we're here to help. Contact us today for a free, confidential case evaluation. Learn about your legal options and determine the potential value of your claim.
All affected investors deserve justice and compensation. Start with a free, private case review today.
The Importance of Joining a Class Action
Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates. Class actions allow injured parties to come together and take on larger adversaries. By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.
If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards. Your participation can make a difference.
To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt. DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.
Find Out if You may be a Member
of the Class
Atkore Inc.® Class Action
Westchester Putnam Counties Heavy & Highway Laborers Local 60 Benefits Fund v. Atkore, Inc. et al.
Class Period : 02/01/2024 - 02/03/2025
Lead Plaintiff Motion Deadline: 4/23/25
Allegations of Anticompetitive Price-Fixing
The Atkore class action lawsuit alleges that the company engaged in anticompetitive conduct by participating in a price-fixing scheme that artificially inflated the prices of PVC Pipes. The lawsuit claims that:
- Atkore exchanged confidential and competitively sensitive data with other U.S.-based PVC Pipe manufacturers to inflate prices during the COVID-19 pandemic when foreign manufacturers could not compete.
- The company failed to disclose the significant impact of this illegal price-fixing scheme on its operations and pricing strategy.
- As a result, Atkore reaped unsustainable financial benefits, which were eventually exposed as the PVC Pipe price decline became more widespread.
The Truth Revealed
On February 4, 2025, Atkore announced disappointing Q1 FY2025 financial results. Net sales of $661.6 million missed analysts’ estimates of $680.7 million. The company also drastically reduced its earnings guidance for the remainder of the year.
Atkore's CFO disclosed that PVC business performance was a major contributor to the poor results and attributed a substantial portion of the lowered guidance to the normalization of PVC Pipe pricing.
Stock Price Drop
On this news, Atkore's stock price plummeted by nearly 20%, falling from $79.72 per share on February 3, 2025, to $64.13 on February 4, 2025 — a drop of $15.59 per share.
Your Legal Rights as a Shareholder
If you purchased Atkore stock before February 4, 2025, you may have a right to participate in this class action lawsuit and seek compensation for your financial losses.
By joining this lawsuit, you can:
- Pursue potential recovery for your investment losses.
- Hold Atkore accountable for its anticompetitive conduct.
- Support a legal action that seeks to enforce fair competition in the marketplace.
Take action now to protect your investment.
Contact securities litigation attorneys to discuss your legal options and join the class action before the deadline.
Act Now — Don't miss your opportunity to pursue justice and recovery.
DiCello Levitt Fights to Protect Shareholder Rights
At DiCello Levitt, we are dedicated to representing shareholders harmed by corporate misconduct. Our experienced legal team is committed to holding companies accountable when they mislead investors and cause financial losses. With a proven track record in securities litigation, we understand what it takes to build a strong case and fight for maximum compensation.
If you've suffered losses due to alleged misstatements, we're here to help. Contact us today for a free, confidential case evaluation. Learn about your legal options and determine the potential value of your claim.
All affected investors deserve justice and compensation. Start with a free, private case review today.
The Importance of Joining a Class Action
Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates. Class actions allow injured parties to come together and take on larger adversaries. By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.
If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards. Your participation can make a difference.
To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt. DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.
100% Free & Secure Case Evaluations
Atkores® Investors may have grounds to pursue legal action and financial recovery of damages.
This website offers general information only and is not legal or investment advice. This advertisement is not associated with any government agency.
www.stockfraudclaim.com is the property of Shield Legal LLC. 5170 Badura Ave Las Vegas, NV 89118
Participating law firm: DiCello Levitt LLP, 10 North Dearborn Street Sixth Floor Chicago, IL 60602. For additional terms, disclaimers, and conditions, please visit https://dicellolevitt.com/privacy-policy/
This website is not part of the Facebook website or Facebook, Inc., and it is NOT endorsed by Facebook in any way. FACEBOOK is a trademark of Facebook, Inc.
ATTORNEY ADVERTISING. This Website does not provide investment, legal, or medical advice. Every case is evaluated on its facts and circumstances. Valuation depends on facts, injuries, jurisdiction, venue, witnesses, parties, and testimony, among other factors. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. Stock Fraud Claim does not itself provide legal services. Cases will be referred to third-party attorneys and law firms. Court costs and case expenses may be the responsibility of the client. Not available in all states. This advertisement is not intended as a testimonial, endorsement, or dramatization and does not constitute a guarantee, warranty, or prediction regarding the outcome of your legal matter, either expressed or implied. Anyone considering a lawyer should independently investigate the lawyer's credentials and ability, and not rely upon advertisements or self-proclaimed expertise. Only persons age 18 or older have permission to access our Service. Our Service does not address anyone under 13 ("Children").
NO ATTORNEY-CLIENT RELATIONSHIP. Use of this website, including sending or receiving information through it, does not establish an attorney-client relationship, nor is any non-passworded information considered privileged or confidential. No class has been certified. Until a case is filed and a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. An attorney-client relationship with DiCello Levitt is established only by an express written agreement signed by DiCello Levitt to represent you.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Privacy Policy | Terms and Conditions | CCPA Privacy Notice | Do Not Sell My Info
©2024 Stock Fraud Claim. All Rights Reserved