Atkore Inc. Investors Urged to Seek Professional Guidance Before Critical Securities Class Action Deadline.

Rosen Law Firm Encourages ATKORE, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action Lawsuit

NEW YORK, March 25, 2023 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of ATKORE, Inc. (NASDAQ: ATKR) from October 28, 2020 to February 14, 2023, both dates inclusive (the "Class Period"), of the important March 27, 2023 lead plaintiff deadline in the securities class action lawsuit filed by the firm.

The lawsuit seeks to recover damages for ATKORE, Inc. investors under the federal securities laws. The lawsuit was filed in the United States District Court for the Central District of California, and is captioned "Kovac v. ATKORE, Inc., et al."

According to the lawsuit, defendants made false and misleading statements and failed to disclose material information, including that the Company's financial statements for the fiscal years 2020 and 2021 were not prepared in accordance with generally accepted accounting principles ("GAAP"), and that the Company had inadequate internal controls over financial reporting. The lawsuit also alleges that the Company's CEO and CFO failed to properly disclose the Company's financial condition and the material weakness in the Company's internal controls.

On February 14, 2023, the Company announced that it would restate its financial statements for the fiscal years 2020 and 2021, and that it would delay the filing of its annual report on Form 10-K for the fiscal year 2021. On this news, the Company's stock price fell significantly.

If you wish to serve as the lead plaintiff of the ATKORE, Inc. securities class action lawsuit, a prospective lead plaintiff must submit their notice of intent to be the lead plaintiff in writing by March 27, 2023. The lead plaintiff will be appointed by the Court and will direct the litigation on behalf of all class members. Any member of the proposed class of investors who wishes to discuss this matter and their options of becoming the lead plaintiff, or has any questions concerning this lawsuit, should contact Phillip Kim, Esq. of Rosen Law Firm toll-free at 866-767-3650, or via e-mail at pkim@rosenlegal.com.

Rosen Law Firm represents investors worldwide, focusing exclusively on securities based litigation. If you incurred losses as a result of the alleged wrongdoing described above, you may be eligible to participate in this action. You can also contact us directly to learn more about your rights and options. Follow us for updates on this and other important cases: www.rosenlegal.com.