Wolf Haldenstein Announces Securities Class Action Lawsuit Against Atkore Inc.
On March 4, 2025, Wolf Haldenstein Adler Freeman & Herz LLP, a national law firm, announced the filing of a securities class action lawsuit against Atkore Inc. (NYSE: ATKR) in the United States District Court for the Northern District of Illinois. The lawsuit was filed on behalf of all purchasers of Atkore’s securities between February 1, 2024, and February 3, 2025, inclusive (the “Class Period”).
Background
Atkore Inc. is a leading manufacturer of electrical and cable products in North America. The company’s product portfolio includes electrical raceway and cable management systems, electrical and metal electrical boxes, and cable trays.
Allegations
The complaint alleges that Atkore made false and misleading statements and failed to disclose material information during the Class Period. Specifically, the complaint alleges that the company failed to disclose that its electrical and cable products were not meeting customer specifications and that it was experiencing significant inventory issues. These issues were alleged to have resulted in lower sales and increased costs, which were not disclosed to investors.
Impact on Individual Investors
If you purchased Atkore securities during the Class Period and incurred losses, you may be entitled to join this class action lawsuit as a lead plaintiff. To join the case, please contact Wolf Haldenstein at [email protected] or (800) 575-0735 or (212) 545-4774.
Impact on the World
The filing of this securities class action lawsuit against Atkore could have significant implications for the electrical and cable industry as a whole. If the allegations are proven true, it could lead to increased scrutiny of other companies in the industry and potentially lead to changes in regulations and industry standards. Additionally, it could result in increased litigation and financial losses for Atkore and its shareholders.
Conclusion
If you purchased Atkore securities during the Class Period and believe you may have incurred losses, it is important to take action. Contact Wolf Haldenstein Adler Freeman & Herz LLP to discuss your options and potentially join the securities class action lawsuit against Atkore Inc. The lead plaintiff deadline is April 23, 2025. For more information, please visit [email protected] or call (800) 575-0735 or (212) 545-4774.
- Wolf Haldenstein Adler Freeman & Herz LLP files securities class action lawsuit against Atkore Inc.
- Lawsuit alleges Atkore made false and misleading statements during Class Period.
- Class Period: February 1, 2024, to February 3, 2025.
- Lead plaintiff deadline: April 23, 2025.
- Contact Wolf Haldenstein to join the case.
The impact of this securities class action lawsuit against Atkore could be far-reaching, affecting not only the company and its shareholders but also the electrical and cable industry as a whole. Stay tuned for updates as this case develops.
