Snapshot from Aug 17, 2026 at 07:00 UTC. For live data and tracking: View Live
Events / Regulatory / DNOW securities class action over merger
Regulatory securities class action

DNOW securities class action over merger

Analysis based on 20 articles · First reported Aug 10, 2026 · Last updated Aug 16, 2026

Sentiment
-30
Attention
2
Articles
20
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The class action lawsuits could lead to financial liability for NOW Inc. and may negatively affect its stock price and investor confidence. The allegations regarding the merger with MRC Global may also impact the perceived success of that transaction and the companies' reputations.

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Event Summary

Multiple investor-rights law firms, including Bronstein, Gewirtz & Grossman, LLC and Rosen Law Firm, have filed or announced securities class action lawsuits against NOW Inc. and certain officers. The suits allege that DNOW made materially false and misleading statements regarding its merger with MRC Global, specifically failing to disclose material issues with MRC Global's new enterprise resource planning system. Investors who held DNOW common stock as of the August 5, 2025 record date and were entitled to vote at the September 9, 2025 special meeting are eligible to join. The lead plaintiff deadline is October 2, 2026.

Key Actions
100 Bronstein, Gewirtz & Grossman, LLC filed class action NOW Inc.
93 Rosen Law Firm announced investigation NOW Inc.
76 Rosen Law Firm reminds purchasers
Entities Involved
stock
NOW Inc.
NOW Inc. is the primary defendant in the securities class action, facing allegations of misleading investors about merger challenges. The lawsuit could result in financial damages and reputational harm.
Importance 100.0 Sentiment -40.0
stock
MRC Global
MRC Global is the merger partner whose ERP system issues were allegedly understated. The lawsuit may cast a shadow over the merger and affect MRC Global's reputation.
Importance 70.0 Sentiment -20.0
priv
Rosen Law Firm
Rosen Law Firm is another law firm that filed the class action, also representing investors. It has a track record of securities class action settlements and may benefit from a successful outcome.
Importance 60.0 Sentiment 10.0
priv
Bronstein, Gewirtz & Grossman, LLC
Bronstein, Gewirtz & Grossman, LLC is one of the law firms that filed the class action, representing investors on a contingency basis. The firm stands to gain fees if the case succeeds.
Importance 60.0 Sentiment 10.0
per
Lawrence Rosen
Lawrence Rosen is the founding partner of Rosen Law Firm and is involved in the case as counsel for investors.
Importance 30.0 Sentiment 5.0
per
Peretz Bronstein
Peretz Bronstein is the founding partner of Bronstein, Gewirtz & Grossman, LLC and is involved in the case as counsel for investors.
Importance 30.0 Sentiment 5.0
per
Philip Kim
Philip Kim is an attorney at Rosen Law Firm who is handling the case and providing contact information for investors.
Importance 20.0 Sentiment 5.0
per
Nathan Miller
Nathan Miller is the Client Relations Manager at Bronstein, Gewirtz & Grossman, LLC, assisting investors in joining the class action.
Importance 20.0 Sentiment 5.0
Relationships
Rosen Law Firm co-counsel ↔ Bronstein, Gewirtz & Grossman, LLC Rosen Law Firm frequently collaborates with Bronstein, Gewirtz & Grossman, LLC as co-counsel on investor-rights class ac
Rosen Law Firm related ↔ Lawrence Rosen
Rosen Law Firm related ↔ Peretz Bronstein
Rosen Law Firm related ↔ Philip Kim
Rosen Law Firm related ↔ Nathan Miller
Bronstein, Gewirtz & Grossman, LLC related ↔ Lawrence Rosen
Bronstein, Gewirtz & Grossman, LLC related ↔ Peretz Bronstein
Bronstein, Gewirtz & Grossman, LLC related ↔ Philip Kim
Bronstein, Gewirtz & Grossman, LLC related ↔ Nathan Miller
Lawrence Rosen co-counsel ↔ Peretz Bronstein Lawrence Rosen, as a founding partner of Rosen Law Firm, frequently collaborates with Peretz Bronstein's firm, Bronstein
Lawrence Rosen managing partner ↔ Philip Kim Lawrence Rosen is the founder and managing partner of Rosen Law Firm, where Philip Kim is a partner, and they actively c
Lawrence Rosen co-plaintiff ↔ Nathan Miller Lawrence Rosen, as a founding partner of Rosen Law Firm, is a co-plaintiff with Nathan Miller's firm, Bronstein, Gewirtz
Peretz Bronstein co-counsel ↔ Philip Kim Peretz Bronstein, as a founding partner of Bronstein, Gewirtz & Grossman, LLC, frequently collaborates with Philip Kim's
Peretz Bronstein principal ↔ Nathan Miller Peretz Bronstein is the founding partner of Bronstein, Gewirtz & Grossman, LLC, and acts as a principal for Nathan Mille
Philip Kim none ↔ Nathan Miller Philip Kim and Nathan Miller are legal professionals whose respective firms are involved in numerous class action lawsui
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