ADI Global Distribution Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into ADI Global Distribution (ADIG)

ADIG's August 13 Form 10-Q reported $1.063 billion in goodwill. Its November 12 Form 8-K recorded a $659 million write-down of that goodwill. Levi & Korsinsky is investigating on behalf of shareholders who lost money.

NEW YORK, Nov. 13, 2026 /PRNewswire/ -- Ninety-one days after its Form 10-Q reported $1.063 billion in goodwill, ADI Global Distribution Inc. (NYSE: ADIG) disclosed on November 12, 2026 a $659 million noncash goodwill impairment and a third-quarter net loss of $8.65 per share, and ADIG shares fell sharply. If ADIG stock lost value in your account after the November 12 filing, you are encouraged to act now. Shareholders who lost money can review their ADIG losses with our team or contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.

Here are the two filings side by side. The Form 10-Q filed August 13, 2026 covered the quarter ended July 4, 2026. It reported goodwill of $1.063 billion and quarterly net income of $6 million. The Form 8-K filed November 12, 2026 reported a $659 million write-down, roughly 62% of that goodwill balance, and a quarterly net loss of $655 million.

The November 12 earnings release states that the charge followed an interim quantitative impairment assessment. The release lists the factors that triggered the assessment, including "lower projected earnings and cash flows," as well as declines in ADIG's stock price and market capitalization. Levi & Korsinsky is investigating potential securities law violations on behalf of ADIG investors in connection with these disclosures.

Investors with ADIG losses should send us their trade details today or call Joseph E. Levi, Esq. at (212) 363-7500.

WHY LEVI & KORSINSKY -- Ranked in ISS Securities Class Action Services' Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered billions of dollars for investors.

Frequently Asked Questions About the ADIG Investigation

Q: Who is eligible to participate in the ADIG investigation? A: Investors who purchased ADIG stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: Which statements are being investigated as potentially misleading? A: The investigation concerns whether ADI Global Distribution Inc. made materially false or misleading statements regarding its goodwill carrying value and business outlook. When the Company disclosed a $659 million noncash goodwill impairment and a $655 million third-quarter net loss on November 12, 2026, the stock price declined sharply.

Q: What do ADIG investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery . No immediate action is required to remain eligible to participate in the investigation.

Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What if I already sold my ADIG shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought ADIG and sold at a loss may still participate in the investigation.

Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

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SOURCE Levi & Korsinsky, LLP