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Holzer & Holzer Investigating DNOW Inc. for Potential Securities Law Violations
Law firm looking into whether company complied with federal regulations following Q4 2025 earnings report
Published on Mar. 2, 2026
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Holzer & Holzer, LLC, a securities litigation law firm, has announced an investigation into whether DNOW Inc. (NYSE: DNOW) complied with federal securities laws. The investigation follows DNOW's announcement on February 20, 2026 of its Q4 2025 and full-year results, during which the CEO cited "persistent challenges" related to the company's ERP implementation and integration following a recent business combination.
Why it matters
DNOW's stock price dropped following the company's Q4 2025 earnings announcement, raising concerns among investors about potential securities law violations. As a major player in the industrial distribution industry, any legal issues for DNOW could have broader implications for the sector.
The details
According to the announcement, Holzer & Holzer is investigating whether DNOW provided accurate and complete information to investors regarding the challenges it was facing. The law firm is encouraging any DNOW shareholders who suffered losses to contact them to discuss potential legal action.
- On February 20, 2026, DNOW announced its Q4 2025 and full-year results.
- During an earnings call on the same day, DNOW's CEO cited "persistent challenges" related to the company's ERP implementation and integration.
The players
DNOW Inc.
A NYSE-listed industrial distribution company.
Holzer & Holzer, LLC
A securities litigation law firm investigating potential securities law violations by DNOW.
Corey Holzer
An attorney at Holzer & Holzer responsible for the content of the investigation announcement.
Joshua Karr
An attorney at Holzer & Holzer who can be contacted regarding the investigation.
What they’re saying
“DNOW has 'decided to delay sequential and full year guidance, exercising a disciplined approach given persistent challenges related to our ERP implementation within legacy MRC Global U.S. operations, while we are simultaneously operating in a critical phase of integration following this recent business combination.'”
— DNOW CEO (DNOW earnings call)
What’s next
Holzer & Holzer is encouraging any DNOW shareholders who suffered losses to contact the firm to discuss potential legal action.
The takeaway
This investigation highlights the importance of public companies providing accurate and timely information to investors, especially during periods of operational challenges and integration. The outcome could have significant implications for DNOW and set precedents for the industrial distribution industry.





