Class Action Settlement Announced In Securities Class Action Against Adams Golf
The lawyers for the plaintiffs in the class action against Adams Golf have announced that they have reached an agreement with Adams Golf to settle the securities class-action lawsuit against Adams Golf pending in the United States District Court for the District of Delaware for $16,500,000 in cash plus a contingent amount of up to $1,250,000, according to a class action settlement news release.
If you purchased shares of Adams Golf stock in the July 9, 1998 Initial Public Offering IPO or between July 10, 1998 and October 22, 1998, you may be entitled to share in the class action settlement proceeds. The class action settlement agreement is subject to court approval.
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