Robbins Umeda LLP Announces an Investigation of Adams Golf, Inc.

Shareholder rights firm Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by members of the board of directors of Adams Golf, Inc. (NASDAQ: ADGF) in connection with their efforts to sell the company to the Adidas Group. Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Gregory E. Del Gaizo at (800) 350-6003,, or via the shareholder information form on the firm's website.

On March 19, 2012, Adams Golf announced that it had entered into a definitive merger agreement to be acquired by Adidas. According to the terms of the deal, Adidas will acquire all outstanding shares of the company through an all-cash transaction. Pursuant to the agreement, Adams Golf shareholders will receive $10.80 for each share of the company they own. The transaction is expected to close in mid-2012.

Robbins Umeda LLP's investigation focuses on whether Adams Golf's board is undertaking a fair process to obtain maximum value and adequately compensate shareholders in light of the company's recent positive financial results. On March 6, 2012, Adams Golf reported strong financial results for fiscal year 2011. The company reported record net sales of $96.5 million for the year ended December 31, 2011, a 12% year-over-year increase compared to the $86.2 million in net sales reported for the prior year. Additionally, Adam's Golf reported that the company realized a net profit of $14.5 million, or $1.79 per fully diluted share, for fiscal year 2011, compared to only $5.0 million, or $0.66 per fully diluted share, during the previous fiscal year.

In addition, the firm is investigating whether self-dealing and other employment guarantees played a part in the decision by Adams Golf to enter into the agreement with Adidas. According to the terms of the deal, several current officers at Adams Golf are slated to continue in their current roles at the surviving corporation after the completion of the transaction.

Robbins Umeda attorneys highlight that Adams Golf shareholders have the option to file a class action lawsuit against the company to secure the best possible price for the company's shareholders and the disclosure of material information to shareholders so they can vote on the transaction in an informed manner.

Robbins Umeda LLP is a nationally recognized leader in securities litigation and shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. For more information, please go to

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Robbins Umeda LLP
Gregory E. Del Gaizo
619-525-3990 or Toll Free 800-350-6003
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