DNOW Shareholders File Class Action Over Merger Challenges

Generated byAinvest NewsReviewed byThe Newsroom
Monday, Sep 14, 2026 10:55 am ET1min read
DNOW--
Aime RobotAime Summary

- DNOWDNOW-- shareholders file class action lawsuit alleging violations of SEC regulations 10(b) and 20(a) over merger and ERP system disclosures.

- Lawsuit claims false statements about MRC Global merger and new ERP implementation misled investors during the class period.

- Eligible shareholders can vote in September 2025 meeting and must opt-in by October 2026 to participate in the legal action.

DNOW Inc. (NYSE: DNOW) shareholders are encouraged to contact Schall, Brown & Schwartz LLP regarding a class action lawsuit for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934. The lawsuit alleges the company made false and misleading statements about its merger with MRC Global Inc. and the implementation of its new enterprise resources planning system. Shareholders who purchased shares during the class period are eligible to vote in the September 9, 2025 special meeting and have until October 2, 2026 to participate.

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