INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against Atkore, Inc. (NYSE: ATKR); DiCello Levitt LLP Encourages Investors with Losses to Discuss Their Options with Counsel
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A class action lawsuit has been filed against Atkore (ATKR) alleging anticompetitive price-fixing in the PVC pipe market. The lawsuit claims the company artificially inflated pipe prices during and after the COVID-19 pandemic. Following a short seller report and subsequent earnings announcement, Atkore's stock price dropped approximately 20% after revealing poor performance in its PVC business.
March 26, 2025 | 9:30 pm
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Atkore's stock price dropped significantly after a class action lawsuit was filed, alleging anticompetitive practices in the PVC pipe market. The company's earnings announcement revealed declining performance in its PVC business.
The lawsuit and earnings announcement directly impact Atkore's stock price, revealing potential legal and business risks that could negatively affect investor confidence and future performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100