DNOW Inc. shareholders who held shares as of Aug. 5, 2025, and were eligible to vote at the Sept. 9, 2025 special meeting have until Oct. 2, 2026, to seek appointment as lead plaintiff in a proposed securities class action. Schall, Brown & Schwartz LLP said the lawsuit alleges DNOW violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 by making false or misleading statements about challenges in its merger with MRC Global Inc. The complaint alleges the merger encountered difficulties implementing a new enterprise resource planning system and that DNOW's public statements were materially misleading during the class period. The proposed class has not been certified, and investors do not need to serve as lead plaintiff to participate in any recovery.