NEW YORK, March 23, 2012 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Adams Golf,
Inc. ("Adams Golf" or the "Company") (Nasdaq: ADGF) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to TaylorMade-adidas Golf
Company. Under the terms of the agreement, Adams Golf
stockholders will receive $10.80 for
each share of Adams Golf common stock they own. The
transaction has a total approximate value of $70 million. Shareholders holding
approximately 35% of Adams Golf's outstanding shares have already
agreed to tender their shares.
Click here to learn how to join the action:
http://www.zlk.com/adams-golf-adgf, or call: 877-363-5972. There is
no cost or obligation to you.
The investigation concerns whether the Adams Golf Board of
Directors breached their fiduciary duties to Adams Golf
stockholders by failing to adequately shop the Company before
entering into this transaction and whether TaylorMade-adidas Golf
Company is underpaying for Adams Golf shares, thus unlawfully
harming Adams Golf stockholders.
If you own common stock in Adams Golf and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, http://www.zlk.com.
Levi & Korsinsky is a national firm with offices in
New York and Washington D.C.
The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
The attorneys at Levi & Korsinsky have been appointed by
numerous courts throughout the country to serve as lead counsel on
behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to
contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP