Class Action Lawsuit Filed Against DNOW Inc.
Pomerantz Law Firm has filed a class action lawsuit against DNOW Inc. (NYSE: DNOW), alleging that the company and certain officers or directors engaged in securities fraud by making false or misleading statements regarding its merger with MRC Global Inc. The suit claims defendants failed to disclose material issues affecting MRC's enterprise resource planning system, which impacted the viability of the proposed acquisition. The class action is seeking investors who held DNOW common stock as of August 5, 2025 and were affected by the September 9, 2025 special meeting regarding the merger. Investors have until October 2, 2026 to request appointment as Lead Plaintiff for the case. Pomerantz LLP is a well-known law firm specializing in corporate litigation and has previously secured multimillion-dollar settlements on behalf of investors.
Tickers: $DNOW
Topics: corporate litigation merger allegations securities fraud