Schall, Brown & Schwartz LLP reminded investors of a class action lawsuit against DNOW Inc. (NYSE: DNOW) alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act. While the notice does not provide any outcome or financial impact, ongoing shareholder litigation risk is a near-term overhang for the stock.
Schall, Brown & Schwartz LLP reminded investors of a class action lawsuit against DNOW Inc. (NYSE: DNOW) alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act. While the notice does not provide any outcome or financial impact, ongoing shareholder litigation risk is a near-term overhang for the stock.
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mildly negative
Sentiment Score
-0.25
Ticker Sentiment
