Law Office of Brodsky & Smith, LLC Announces Investigation of Adams Golf, Inc.

BALA CYNWYD, Pa., March 22, 2012 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Adams Golf, Inc. ("Adams" or the "Company") (Nasdaq: ADGF) relating to the proposed acquisition by the Adidas Group. ("Adidas").

Under the terms of the transaction, Adams shareholders would receive only $10.80 in cash for each share of Adams stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Adams for not acting in the Company's shareholders' best interests in connection with the sale process to Adidas. For example, several current officers of Adams have agreed to continue in their current roles after the completion of the transaction. In addition, Adams has reported an increase in 2011 net sales and realized net profit.

If you own shares of Adams stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions.  You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, visiting http://brodsky-smith.com/400-adgf-adams-golf-inc.html, or by calling toll free 877-LEGAL-90.

SOURCE Brodsky & Smith, LLC

Related Stocks:
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here