NEW YORK, March 04, 2025 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Atkore Inc. (NYSE:ATKR) and certain of the Company’s senior executives for potential violations of the federal securities laws.
If you invested in Atkore, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/atkore-inc.
Investors have until April 23, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased Atkore stock. The case is pending in the U.S. District Court for the Northern District of Illinois and is captioned Westchester Putnam Counties Heavy & Highway Laborers Local 60 Benefits Fund v. Atkore Inc., et al., No. 25-cv-01851.
Why was Atkore Sued for Securities Fraud?
Atkore manufactures electrical, safety, and infrastructure products including polyvinyl chloride water and electrical conduit pipes (“PVC Pipe”). During the COVID-19 pandemic, shipping costs rose dramatically, leaving foreign PVC Pipe manufacturers unable to profitably sell PVC Pipe in the U.S. As shipping prices returned to normal when the …
