DJS Law Group reminds DNOW investors of Oct. 2 deadline in MRC Global merger lawsuit

  • DJS Law Group reminded DNOW investors about the MRC Global merger class action.
  • October 2, 2026, is the deadline to seek lead plaintiff appointment.
  • Shareholders needed DNOW stock on August 5, 2025, to fall within the defined class.

DJS Law Group is reminding DNOW Inc. investors about a securities class action alleging that the company understated problems with MRC Global Inc.’s enterprise resource planning system during the merger process. The complaint alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5. The defined class covers shareholders who held DNOW common stock on August 5, 2025, and were eligible to vote at the September 9, 2025 special meeting. The deadline to seek appointment as lead plaintiff is October 2, 2026. Earlier allegations in the case say DNOW described MRC Global’s ERP system favorably before the merger closed, then disclosed persistent implementation problems on February 20, 2026, including operational slowdowns, customer-service disruptions and unexpected remediation costs. DNOW shares fell 19% in one trading session after those disclosures, according to the earlier announcement. DJS Law Group says appointment as lead plaintiff is not required to participate in any recovery.

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DJS Law Group reminds DNOW investors of Oct. 2 deadline in MRC Global merger lawsuit - CoinPost Terminal