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. Investors who held DNOW common stock as of August 5, 2025, and were entitled to vote at a special meeting on September 9, 2025, are included in the class. The deadline for investors seeking appointment as Lead Plaintiff is October 2, 2026. Pomerantz LLP has extensive experience in securities litigation and claims it has secured multimillion-dollar damages awards in similar cases.
Topics: corporate litigation merger allegations securities fraud