ADIG INVESTOR ALERT: Investigation of ADI Global Distribution Inc. Announced by Holzer & Holzer, LLC
News originally published by
GlobeNewswireATLANTA, Nov. 12, 2026 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether ADI Global Distribution Inc. (“ADI” or the “Company”) (NYSE: ADIG) complied with federal securities laws. On November 12, 2026, ADI reported third quarter 2026 financial results, revealing a net loss of $655 million, which included a $659 million non-cash goodwill impairment charge. ADI stated the non-cash goodwill impairment charge followed “an interim quantitative impairment assessment that was triggered by continued weakness in the residential market, together with lower projected earnings and cash flows, declines in our stock price and market capitalization. The revised projections reflect continued residential market weakness affecting demand for Exclusive Brands products and unfavorable product and customer mix.” On this news, the price of the Company’s stock dropped.
If you purchased ADI stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at cholzer@holzerlaw.com or Joshua Karr, Esq. at jkarr@holzerlaw.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/adi-global-distribution/ to discuss your legal rights.
Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023 and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.
CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
cholzer@holzerlaw.com
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