Johnson Fistel, PLLP Investigates Atkore on Behalf of Long-term Shareholders

Shareholder rights law firm Johnson Fistel, PLLP is investigating potential violations of federal and state securities laws by certain officers and directors of Atkore Inc. (NYSE: ATKR). If you are a current, long-term shareholder and have continuously held your shares during the relevant time period, you may have standing to hold the company harmless from the alleged harm caused by its officers and directors by making them personally responsible. You may also be able to assist in reforming the company’s corporate governance to prevent future wrongdoing.

Recently a class action lawsuit was filed on February 21, 2025, in the U.S. District Court for the Northern District of Illinois on behalf of investors who purchased shares between February 1, 2024, and February 3, 2025. The complaint alleges that Atkore participated in an anticompetitive price-fixing scheme involving PVC conduit by sharing confidential pricing data with competitors, resulting in artificially inflated prices and revenues. Defendants are accused of failing to disclose the scheme while claiming that internal controls were effective. On February 4, 2025, following a disappointing earnings report and guidance revision, Atkore’s stock fell sharply by nearly 20%.