{"success":true,"data":{"pressRelease":{"id":"135548","rtpr_id":"nPn4T1Xvna","ticker":"DNOW","exchange":"NYSE","all_tickers":["DNOW"],"title":"DNOW Inc. (DNOW) Investor Alert: Hagens Berman Investigating Claims Alleged in DNOW Inc. Securities Class Action Over Allegedly Omitted MRC Global ERP Failures","author":"PR Newswire","published_at":"2026-09-03T19:09:00.023Z","article_body":"DNOW Inc. (DNOW) Investor Alert: Hagens Berman Investigating Claims Alleged in DNOW Inc. Securities Class Action Over Allegedly Omitted MRC Global ERP Failures\n\nPR Newswire\n\nSAN FRANCISCO, Sept. 3, 2026\n\nPartner Reed Kathrein Urges DNOW Investors to Contact Firm\n\nSAN FRANCISCO, Sept. 3, 2026 /PRNewswire/ -- National shareholder rights law\nfirm Hagens Berman encourages investors in DNOW Inc. (NYSE: DNOW) who\nsuffered substantial losses submit your losses now\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=894795365&u=https%3A%2F%2Fwww.hbsslaw.com%2Fcases%2Fdnow-inc-dnow-securities-class-action&a=submit+your+losses+now)\n. A securities class action lawsuit has been filed regarding potential\nviolations of federal securities laws involving DNOW's acquisition of MRC\nGlobal Inc. and undisclosed enterprise software integration failures in the\nmerger proxy materials.\n\n * Lead Plaintiff Deadline: Oct. 2, 2026\n * Defined Investor Class and Record Date: Shareholders who held DNOW common\nstock as of the August 5, 2025 record date and were thus entitled to vote at\nDNOW's September 9, 2025 special meeting on the merger of DNOW and MRC Global\nInvestors with significant losses are urged to contact the firm to review\ntheir options:\n\n * Visit:\nwww.hbsslaw.com/dnow\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=2796443522&u=https%3A%2F%2Fwww.hbsslaw.com%2Fcases%2Fdnow-inc-dnow-securities-class-action&a=www.hbsslaw.com%2Fdnow)\n\n \n * Emai:\nDNOW@hbsslaw.com (mailto:DNOW@hbsslaw.com)\n \n * Call Direct: 844-916-0895\nAllegedly Misleading Proxy Materials:\n\nThe suit alleges that the Proxy Materials misrepresented and omitted to\ndisclose challenges posed with DNOW's merger with MRC Global Inc. as a result\nof material issues affecting MRC Global's new ERP system.\n\nThe Truth Allegedly Emerges\n\n * November 5, 2025 — Reassurances Before Acquisition: The complaint alleges\nthat on DNOW's Q3 2025 earnings call—the day before closing the\nmerger—management assured investors that MRC Global had implemented a\n\"state-of-the-art\" Enterprise Resource Planning (ERP) system that promised\n\"improved inventory management, order processing efficiency, and supply chain\noptimization.\" DNOW allegedly minimized integration risks, reassuring the\nmarket that MRC's past software glitches were merely an \"isolated, one-time\nevent.\"\n * February 20, 2026 — The Disclosures: DNOW reported its Q4 and full-year\n2025 financial results, revealing that MRC revenues had sharply declined due\nto \"persistent ERP challenges\" and acknowledging that MRC's software\nimplementation was, in fact, an \"obstacle.\"\n * Operational Flaws & Guidance Delay: Management conceded that flawed\nsoftware design architecture caused severe operational slowdowns, impeded\ncustomer service, and required substantial unexpected capital expenditure to\nremediate. Consequently, DNOW was forced to delay its sequential and full-year\n2026 financial guidance.\n * Market Impact: On this news, DNOW stock crashed 19% in a single trading\nsession.\nStatement from Hagens Berman Partner Reed Kathrein\n\n\"We are focused on whether the Proxy Materials downplayed ERP integration\nfailures at MRC Global allowing management to push the deal through, as the\ncomplaint alleges,\" said Reed Kathrein\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=3886038449&u=https%3A%2F%2Fwww.hbsslaw.com%2Fattorneys%2Freed-kathrein&a=Reed+Kathrein)\n, the Hagens Berman partner leading the firm's investigation of the claims in\nthe pending suit.\n\nWhat DNOW Investors & Whistleblowers Can Do\n\n * DNOW Investors: If you purchased DNOW common stock and sustained significant\nlosses, you may be eligible to take an active role in the class action. The\ncourt-appointed lead plaintiff deadline is October 2, 2026.\nSubmit your loss details here\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=1243952596&u=https%3A%2F%2Fwww.hbsslaw.com%2Fcases%2Fdnow-inc-dnow-securities-class-action&a=Submit+your+loss+details+here)\n\n.\n * Whistleblowers: Persons with non-public information regarding DNOW should\nconsider their options to help in the investigation or take advantage of the\nSEC Whistleblower program. Under the new program, whistleblowers who provide\noriginal information may receive rewards totaling up to 30 percent of any\nsuccessful recovery made by the SEC. For more information, call Reed Kathrein\nat 844-916-0895 or email\nDNOW@hbsslaw.com (mailto:DNOW@hbsslaw.com)\n.\nAbout Hagens Berman\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=2087866325&u=https%3A%2F%2Fwww.hbsslaw.com%2F&a=About+Hagens+Berman)\n\nHagens Berman is a global plaintiffs' rights complex litigation firm focusing\non corporate accountability. The firm is home to a robust practice and\nrepresents investors as well as whistleblowers, workers, consumers and others\nin cases achieving real results for those harmed by corporate negligence and\nother wrongdoings. Hagens Berman's team has secured more than $2.9 billion in\nthis area of law. More about the firm and its successes can be found\nat hbsslaw.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=2580194028&u=https%3A%2F%2Fwww.hbsslaw.com%2F&a=hbsslaw.com)\n. Follow the firm for updates and news at @ClassActionLaw\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=2740415970&u=https%3A%2F%2Fwww.twitter.com%2FClassActionLaw&a=%40ClassActionLaw)\n.\n\nAttorney Advertising. Prior results do not guarantee a similar outcome in any\nfuture case.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/dnow-inc-dnow-investor-alert-hagens-berman-investigating-claims-alleged-in-dnow-inc-securities-class-action-over-allegedly-omitted-mrc-global-erp-failures-302869255.html\n(https://www.prnewswire.com/news-releases/dnow-inc-dnow-investor-alert-hagens-berman-investigating-claims-alleged-in-dnow-inc-securities-class-action-over-allegedly-omitted-mrc-global-erp-failures-302869255.html)\n\nSOURCE Hagens Berman Sobol Shapiro LLP\n\n\n\nHagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, DNOW@hbsslaw.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1117217/Hagens-Berman-Sobol-Shapiro-LLP-Logo.jpg?id=OA2928961\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn4T1Xvna","title":"DNOW Inc. (DNOW) Investor Alert: Hagens Berman Investigating Claims Alleged in DNOW Inc. Securities Class Action Over Allegedly Omitted MRC Global ERP Failures","author":"PR Newswire","ticker":"DNOW","created":"2026-09-03T19:09:00.023Z","tickers":["DNOW"],"exchange":"NYSE","article_body":"DNOW Inc. (DNOW) Investor Alert: Hagens Berman Investigating Claims Alleged in DNOW Inc. Securities Class Action Over Allegedly Omitted MRC Global ERP Failures\n\nPR Newswire\n\nSAN FRANCISCO, Sept. 3, 2026\n\nPartner Reed Kathrein Urges DNOW Investors to Contact Firm\n\nSAN FRANCISCO, Sept. 3, 2026 /PRNewswire/ -- National shareholder rights law\nfirm Hagens Berman encourages investors in DNOW Inc. (NYSE: DNOW) who\nsuffered substantial losses submit your losses now\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=894795365&u=https%3A%2F%2Fwww.hbsslaw.com%2Fcases%2Fdnow-inc-dnow-securities-class-action&a=submit+your+losses+now)\n. A securities class action lawsuit has been filed regarding potential\nviolations of federal securities laws involving DNOW's acquisition of MRC\nGlobal Inc. and undisclosed enterprise software integration failures in the\nmerger proxy materials.\n\n * Lead Plaintiff Deadline: Oct. 2, 2026\n * Defined Investor Class and Record Date: Shareholders who held DNOW common\nstock as of the August 5, 2025 record date and were thus entitled to vote at\nDNOW's September 9, 2025 special meeting on the merger of DNOW and MRC Global\nInvestors with significant losses are urged to contact the firm to review\ntheir options:\n\n * Visit:\nwww.hbsslaw.com/dnow\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=2796443522&u=https%3A%2F%2Fwww.hbsslaw.com%2Fcases%2Fdnow-inc-dnow-securities-class-action&a=www.hbsslaw.com%2Fdnow)\n\n \n * Emai:\nDNOW@hbsslaw.com (mailto:DNOW@hbsslaw.com)\n \n * Call Direct: 844-916-0895\nAllegedly Misleading Proxy Materials:\n\nThe suit alleges that the Proxy Materials misrepresented and omitted to\ndisclose challenges posed with DNOW's merger with MRC Global Inc. as a result\nof material issues affecting MRC Global's new ERP system.\n\nThe Truth Allegedly Emerges\n\n * November 5, 2025 — Reassurances Before Acquisition: The complaint alleges\nthat on DNOW's Q3 2025 earnings call—the day before closing the\nmerger—management assured investors that MRC Global had implemented a\n\"state-of-the-art\" Enterprise Resource Planning (ERP) system that promised\n\"improved inventory management, order processing efficiency, and supply chain\noptimization.\" DNOW allegedly minimized integration risks, reassuring the\nmarket that MRC's past software glitches were merely an \"isolated, one-time\nevent.\"\n * February 20, 2026 — The Disclosures: DNOW reported its Q4 and full-year\n2025 financial results, revealing that MRC revenues had sharply declined due\nto \"persistent ERP challenges\" and acknowledging that MRC's software\nimplementation was, in fact, an \"obstacle.\"\n * Operational Flaws & Guidance Delay: Management conceded that flawed\nsoftware design architecture caused severe operational slowdowns, impeded\ncustomer service, and required substantial unexpected capital expenditure to\nremediate. Consequently, DNOW was forced to delay its sequential and full-year\n2026 financial guidance.\n * Market Impact: On this news, DNOW stock crashed 19% in a single trading\nsession.\nStatement from Hagens Berman Partner Reed Kathrein\n\n\"We are focused on whether the Proxy Materials downplayed ERP integration\nfailures at MRC Global allowing management to push the deal through, as the\ncomplaint alleges,\" said Reed Kathrein\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=3886038449&u=https%3A%2F%2Fwww.hbsslaw.com%2Fattorneys%2Freed-kathrein&a=Reed+Kathrein)\n, the Hagens Berman partner leading the firm's investigation of the claims in\nthe pending suit.\n\nWhat DNOW Investors & Whistleblowers Can Do\n\n * DNOW Investors: If you purchased DNOW common stock and sustained significant\nlosses, you may be eligible to take an active role in the class action. The\ncourt-appointed lead plaintiff deadline is October 2, 2026.\nSubmit your loss details here\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=1243952596&u=https%3A%2F%2Fwww.hbsslaw.com%2Fcases%2Fdnow-inc-dnow-securities-class-action&a=Submit+your+loss+details+here)\n\n.\n * Whistleblowers: Persons with non-public information regarding DNOW should\nconsider their options to help in the investigation or take advantage of the\nSEC Whistleblower program. Under the new program, whistleblowers who provide\noriginal information may receive rewards totaling up to 30 percent of any\nsuccessful recovery made by the SEC. For more information, call Reed Kathrein\nat 844-916-0895 or email\nDNOW@hbsslaw.com (mailto:DNOW@hbsslaw.com)\n.\nAbout Hagens Berman\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=2087866325&u=https%3A%2F%2Fwww.hbsslaw.com%2F&a=About+Hagens+Berman)\n\nHagens Berman is a global plaintiffs' rights complex litigation firm focusing\non corporate accountability. The firm is home to a robust practice and\nrepresents investors as well as whistleblowers, workers, consumers and others\nin cases achieving real results for those harmed by corporate negligence and\nother wrongdoings. Hagens Berman's team has secured more than $2.9 billion in\nthis area of law. More about the firm and its successes can be found\nat hbsslaw.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=2580194028&u=https%3A%2F%2Fwww.hbsslaw.com%2F&a=hbsslaw.com)\n. Follow the firm for updates and news at @ClassActionLaw\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4766986-1&h=2740415970&u=https%3A%2F%2Fwww.twitter.com%2FClassActionLaw&a=%40ClassActionLaw)\n.\n\nAttorney Advertising. Prior results do not guarantee a similar outcome in any\nfuture case.\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/dnow-inc-dnow-investor-alert-hagens-berman-investigating-claims-alleged-in-dnow-inc-securities-class-action-over-allegedly-omitted-mrc-global-erp-failures-302869255.html\n(https://www.prnewswire.com/news-releases/dnow-inc-dnow-investor-alert-hagens-berman-investigating-claims-alleged-in-dnow-inc-securities-class-action-over-allegedly-omitted-mrc-global-erp-failures-302869255.html)\n\nSOURCE Hagens Berman Sobol Shapiro LLP\n\n\n\nHagens Berman, Reed Kathrein, 715 Hearst Avenue, Suite 300, Berkeley, CA 94710, 844-916-0895, DNOW@hbsslaw.com\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1117217/Hagens-Berman-Sobol-Shapiro-LLP-Logo.jpg?id=OA2928961\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-03T19:09:00.065748494Z","server_sent_at_ms":1788462540065},"received_at":"2026-09-03T19:09:00.125Z","source_url":"https://www.prnewswire.com/news-releases/dnow-inc-dnow-investor-alert-hagens-berman-investigating-claims-alleged-in-dnow-inc-securities-class-action-over-allegedly-omitted-mrc-global-erp-failures-302869255.html"},"analysis":{"id":"124427","press_release_id":"135548","analysis_json":{"industry":{"label":"Energy Equipment & Services","sector":"Energy"},"redFlags":["Pending securities class action alleges merger proxy materials omitted MRC Global ERP integration failures","Alleged ERP problems drove declining MRC revenues, delayed sequential and full-year 2026 guidance, and a 19% single-day stock drop on Feb. 20, 2026"],"eventType":"legal_litigation","narrative":"Hagens Berman, a national shareholder rights law firm, issued an investor alert soliciting DNOW shareholders for a pending securities class action tied to DNOW's acquisition of MRC Global Inc., with an Oct. 2, 2026 lead plaintiff deadline.\n\nThe complaint alleges DNOW's merger proxy materials misrepresented or omitted material ERP integration failures at MRC Global; after DNOW's Feb. 20, 2026 Q4 report revealed sharply declining MRC revenues, delayed 2026 guidance, and unexpected remediation capital expenditure, DNOW stock fell 19% in a single session.\n\nThe release is law-firm marketing published under Hagens Berman's own name, not a new disclosure from the company; the underlying ERP and guidance events were already public, so treat this as low-signal noise.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation tied to already-disclosed ERP integration issues — suppress."},"keyFigures":{"customDimensions":{"class_record_date":"Aug. 5, 2025","special_meeting_date":"Sept. 9, 2025","single_day_stock_drop":"19%","lead_plaintiff_deadline":"Oct. 2, 2026"}},"namedEntities":{"people":[{"name":"Reed Kathrein","role":"Partner, Hagens Berman, leading the investigation"}],"products":["MRC Global ERP system"],"companies":[{"name":"DNOW Inc.","ticker":"DNOW","relationship":"named issuer / subject of the class action"},{"name":"Hagens Berman Sobol Shapiro LLP","relationship":"plaintiff law firm issuing the release"},{"name":"MRC Global Inc.","relationship":"acquisition target whose ERP failures are the basis of claims"}],"dollarAmounts":[{"amount":"$2.9 billion","context":"cumulative recoveries secured by Hagens Berman (law-firm boilerplate)"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm solicitation issued under Hagens Berman's own name (SOURCE Hagens Berman Sobol Shapiro LLP) urging DNOW investors to submit losses and contact the firm ahead of an Oct. 2, 2026 lead plaintiff deadline. No new issuer disclosure, no certified class, and no settlement are announced; the underlying ERP/guidance events are already public from Feb. 2026."},"tickerRelevance":{"others":[],"primary":"DNOW"},"globalImportance":15,"audienceRelevance":12,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small/mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"underlyingClaimsAlreadyPublic":true}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Hagens Berman, a national shareholder rights law firm, issued an investor alert soliciting DNOW shareholders for a pending securities class action tied to DNOW's acquisition of MRC Global Inc., with an Oct. 2, 2026 lead plaintiff deadline.\n\nThe complaint alleges DNOW's merger proxy materials misrepresented or omitted material ERP integration failures at MRC Global; after DNOW's Feb. 20, 2026 Q4 report revealed sharply declining MRC revenues, delayed 2026 guidance, and unexpected remediation capital expenditure, DNOW stock fell 19% in a single session.\n\nThe release is law-firm marketing published under Hagens Berman's own name, not a new disclosure from the company; the underlying ERP and guidance events were already public, so treat this as low-signal noise.","key_figures":{"customDimensions":{"class_record_date":"Aug. 5, 2025","special_meeting_date":"Sept. 9, 2025","single_day_stock_drop":"19%","lead_plaintiff_deadline":"Oct. 2, 2026"}},"named_entities":{"people":[{"name":"Reed Kathrein","role":"Partner, Hagens Berman, leading the investigation"}],"products":["MRC Global ERP system"],"companies":[{"name":"DNOW Inc.","ticker":"DNOW","relationship":"named issuer / subject of the class action"},{"name":"Hagens Berman Sobol Shapiro LLP","relationship":"plaintiff law firm issuing the release"},{"name":"MRC Global Inc.","relationship":"acquisition target whose ERP failures are the basis of claims"}],"dollarAmounts":[{"amount":"$2.9 billion","context":"cumulative recoveries secured by Hagens Berman (law-firm boilerplate)"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-03T19:10:07.000Z","global_importance":15,"audience_relevance":12,"importance_components":{"tickerTier":"small/mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false,"underlyingClaimsAlreadyPublic":true}},"durationMs":66860,"modelName":"glm-4.7"}}