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 merger. The lawsuit targets investors who held DNOW common stock as of August 5, 2025 and were entitled to vote at a special meeting on September 9, 2025. Investors have until October 2, 2026, to request appointment as Lead Plaintiff in the case. Pomerantz LLP is one of the leading firms specializing in securities class actions and has secured significant damages for clients over decades.
Tickers: $DNOW
Topics: corporate litigation merger allegations securities fraud