DNOW shareholders face Oct. 2 lead-plaintiff deadline in proposed securities class action

  • Rosen Law Firm filed a proposed securities class action involving DNOW and alleged merger disclosures.
  • DNOW shareholders held stock on Aug. 5, 2025, to qualify for the voting record date.
  • DNOW investors must move for lead-plaintiff appointment by Oct. 2, 2026.

DNOW Inc. faces a proposed securities class action alleging that the company and certain defendants understated challenges from its merger with MRC Global Inc. The complaint claims defendants knew or should have known about material issues affecting MRC Global's new enterprise resource planning system and consequently made materially false or misleading statements about DNOW's business, operations and prospects. Rosen Law Firm said investors who held DNOW common stock as of Aug. 5, 2025, and were entitled to vote at the Sept. 9, 2025, special meeting may be eligible to participate without paying out-of-pocket fees under a contingency fee arrangement. The lead-plaintiff deadline is Oct. 2, 2026. No class has been certified, and investors may seek appointment as lead plaintiff, retain separate counsel or remain absent class members.

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