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MRC Global, Inc. (NYSE: MRC)

Case Details

Join The Class Action

This investigation is for anyone who acquired securities in MRC Global, Inc. (NYSE: MRC) prior to February 5, 2025.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by telling investors that the Company had in place sufficient financial controls when the Company lacked sufficient controls.

On February 5, 2025, after market hours, MRC announced that it had postponed the release of its fourth quarter and full year 2024 financial results “to allow additional time to complete year-end audit procedures specifically related to inventory cycle counts, including physical inventory procedures.” On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in MRC Global, Inc. (NYSE: MRC) prior to February 5, 2025 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.