Adams Golf, Inc. Securities Litigation
The lawsuit claims that Defendants misled Class Members, who bought Adams Golf shares in the IPO or during the Class Period, by misrepresenting the existence of and risk of gray marketing. The lawsuit claims that the Registration Statement failed to tell the Class that Adams Golf clubs were being sold to the public by discounters, and failed to warn the class of the risks of such gray marketing, while at the same time emphasizing Adams Golf's "exclusive" retail network. Defendants deny they did anything wrong, and deny that they caused your losses.
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