Class action lawsuit filed over DNOW merger with MRC Global Inc

NEW YORK, Sept. 3, 2026 /CourierPR/ -- According to the lawsuit, the defendants made false and/or misleading statements and failed to disclose significant issues related to DNOW’s merger with MRC Global Inc. (MRC) that occurred in September 2025. Specifically, the complaint alleges that the defendants negligently understated the challenges DNOW faced due to MRC's new enterprise resource planning system, which the defendants knew or should have known about.

The class action lawsuit is open to all investors who held DNOW common stock as of the August 5, 2025, record date, making them eligible to vote at DNOW's September 9, 2025, special meeting regarding the merger with MRC. The class period for the lawsuit extends from the date of the company's public announcement of the merger through the filing of the lawsuit.

Pomerantz Law Firm, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is a leading firm in corporate, securities, and antitrust class litigation. Founded by Abraham L. Pomerantz, the firm has a long history of representing victims of securities fraud and breaches of fiduciary duty.

Investors have until October 2, 2026, to file a request with the court to become a Lead Plaintiff for the class. To do so, investors should contact Danielle Peyton at Pomerantz Law Firm and provide their mailing address, telephone number, and the number of shares purchased. A copy of the complaint can be obtained at the firm’s website, www.pomerantzlaw.com.

Pomerantz Law Firm has a track record of recovering multimillion-dollar damages on behalf of class members and is known for its commitment to fighting for the rights of victims of securities fraud and corporate misconduct.

Investors are urged to act promptly to ensure their rights are protected.