Lost Money on ADI Global Distribution Inc. Stock? Glancy Prongay Wolke & Rotter LLP Investigates Possible Securities Fraud After 49.85% Share Price Drop

Investigation follows the November 12, 2026 disclosure regarding ADI Global Distribution Inc.; investors who lost money may have claims to recover their losses

LOS ANGELES--(BUSINESS WIRE)--Investors who lost money on ADI Global Distribution Inc. ("ADI Global" or the "Company") stock may have claims to recover their losses. Glancy Prongay Wolke & Rotter LLP ("Glancy") today announced a securities fraud investigation on behalf of ADI Global Distribution Inc. (NYSE: ADIG) investors into whether the Company may have violated the federal securities laws.

Investors who lost money on ADI Global Distribution Inc. securities can submit their ADI Global Distribution Inc. loss information to learn about potentially pursuing claims to recover their losses.

Key facts in the ADI Global Distribution Inc. investigation

• Disclosure date: November 12, 2026
• Stock price decline: $9.76 per share, or 49.85%
• Closing price after the decline: $9.82 on November 12, 2026

What happened?

On November 12, 2026, ADI Global Distribution reported third quarter 2026 results, including a net loss of $655 million, due in part to a $659 million non-cash goodwill impairment charge. ADI also issued fourth quarter revenue guidance below analyst expectations and lowered its full-year 2026 revenue outlook.

On this news, ADI’s stock price fell $9.76 per share, or 49.85%, to close at $9.82 per share on November 12, 2026, thereby injuring investors.

"ADI Global Distribution Inc. shares dropped 49.85% after it was disclosed on November 12, 2026 that ADI Global had lowered its full-year 2026 revenue outlook. Our investigation will look at whether investors had complete and accurate information before that disclosure," said Charles H. Linehan, Partner at Glancy Prongay Wolke & Rotter LLP.

What's the next step?

Glancy is investigating potential claims on behalf of ADI Global Distribution Inc. investors. Investors who lost money can contact Glancy about the ADI Global Distribution Inc. investigation, email [e-mail], or call 310-201-9150 (toll-free: 888-773-9224).

Frequently Asked Questions

Who is eligible? Investors who bought ADI Global Distribution Inc. securities and lost money may have claims, and can contact Glancy to learn whether they are affected by the ADI Global Distribution Inc. investigation.

What is a securities fraud investigation? In the ADI Global Distribution Inc. investigation, Glancy is reviewing whether the Company or its executives may have made false or misleading statements to investors in violation of the federal securities laws.

Has a lawsuit been filed? This release announces Glancy's investigation, not a lawsuit. If a securities class action is later filed against ADI Global Distribution Inc., investors may have the opportunity to seek appointment as lead plaintiff.

Does it cost anything to contact Glancy or participate in this investigation? Glancy represents ADI Global Distribution Inc. investors on a contingency fee basis, so investors pay no attorneys' fees out of pocket. Any attorneys' fees and litigation expenses are paid only from a recovery, if one is obtained, and are subject to court approval.

Why work with Glancy on the ADI Global Distribution Inc. investigation? Glancy Prongay Wolke & Rotter LLP is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Contact Glancy about the ADI Global Distribution Inc. investigation. Prior results do not guarantee a similar outcome.

Whistleblower notice

Persons with non-public information about ADI Global Distribution Inc. should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information that leads to a successful SEC enforcement action may receive awards of 10 to 30 percent of the sanctions collected, when those sanctions exceed $1 million. For more information, contact Charles H. Linehan at 310-201-9150 or 888-773-9224, or email [e-mail].

About Glancy Prongay Wolke & Rotter LLP

Glancy was named one of Law360's Securities Groups of the Year and ranked second in total investor recoveries by ISS Securities Class Action Services in 2025.

Glancy's successes have been widely covered by leading news and industry publications, including The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron's, Investor's Business Daily, Forbes, and Money.

Prior results do not guarantee a similar outcome.

Related links

• ADI Global Distribution Inc. investigation page, Glancy Prongay Wolke & Rotter LLP
• SEC Whistleblower Program
• Glancy Prongay Wolke & Rotter LLP

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