Sarah Mirando  |  April 12, 2010

Category: Legal News

Top Class Actions’s website and social media posts use affiliate links. If you make a purchase using such links, we may receive a commission, but it will not result in any additional charges to you. Please review our Affiliate Link Disclosure for more information.

 

 

 

 

 

 

 

 

 

 

 

 

 

Adams Golf

Adams Golf Settles $16.5 Million Shareholder Class Action Suit

By Sarah Pierce

 

If you or someone in your family bought shares of Adams Golf, Inc. stock between July 9, 1998 and October 22, 1998, you may be eligible to claim part of a $16.5 million class action settlement.

The settlement will end a 10-year-old lawsuit that accuses Adams Golf of misleading shareholders and causing their shares to lose value by failing to tell them that Adams Golf clubs were being sold to the public by discounted retailers while at the same time emphasizing Adams Golf’s “exclusive” retail network.

If all shareholders file a claim, the class action settlement could be worth an average of $2.39 to $2.57 a share, or 19% and 21% of their estimated losses. Your actual recovery of the $16.5 million class action settlement will depend on how much you lost, how many class members submit valid proofs of claim, and the amount of attorney’s fees the court awards.

 

 

We tell you about cash you can claim EVERY WEEK! Sign up for our free newsletter.

Updated April 12th, 2010

All class action and lawsuit news updates are listed in the Lawsuit News section of Top Class Actions

LEGAL INFORMATION IS NOT LEGAL ADVICE
Top Class Actions Legal Statement
©2008 – 2010 Top Class Actions® LLC
Various Trademarks held by their respective owners.
{loadposition content_asterpix}

 

 

 

 

 

 

 

 

 

 

 

 

 

Leave a Reply

Your email address will not be published. By submitting your comment and contact information, you agree to receive marketing emails from Top Class Actions regarding this and/or similar lawsuits or settlements, and/or to be contacted by an attorney or law firm to discuss the details of your potential case at no charge to you if you qualify. Required fields are marked *

Please note: Top Class Actions is not a settlement administrator or law firm. Top Class Actions is a legal news source that reports on class action lawsuits, class action settlements, drug injury lawsuits and product liability lawsuits. Top Class Actions does not process claims and we cannot advise you on the status of any class action settlement claim. You must contact the settlement administrator or your attorney for any updates regarding your claim status, claim form or questions about when payments are expected to be mailed out.