Voting Agreement (March 19th, 2012)
This Voting Agreement ("Agreement") is entered into as of March 18, 2012, by and between Taylor Made Golf Company, Inc., a Delaware corporation ("Parent"), and the undersigned stockholder ("Stockholder") of Adams Golf, Inc., a Delaware corporation (the "Company").
In the United States District Court for the District of Delaware (March 9th, 2010)
Plaintiffs allege that the Registration Statement, pursuant to which they and the Class bought their stock, contained material misstatements and omissions about, inter alia, the existence and risk of the unauthorized distribution of Adams Golf Tight Lies golf clubs to discount outlets, known as gray marketing. Plaintiffs allege that they and the Class members were damaged because of the fall in the price of Adams Golf stock after the IPO, which Plaintiffs allege was caused by growing public awareness of the sale of Adams Golf clubs, through the gray market, at discount prices.