San Diego, CA -- (SBWIRE) -- 10/16/2017 -- An investigation on behalf of investors in OTCMKTS:ADDYY shares over potential securities laws violations by adidas was announced.

Investors who purchased shares of adidas AG (ADR) (OTCMKTS:ADDYY), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of adidas AG (ADR) (OTCMKTS:ADDYY) concerning whether certain statements by adidas AG regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On September 26, 2017, news outlets reported that the FBI arrested Adidas' director of global sports marketing for basketball, James Gatto, on charges of fraud for conspiring with coaches and others to bribe high school athletes to play for colleges sponsored by Adidas. According to investigators, Gatto engineered a $100,000 payment to the family of an Indiana high school player to ensure that he agreed to play for the University of Louisville and participated in a $150,000 bribe to convince another athlete to attend an Adidas-sponsored school in Florida.

Those who purchased shares of adidas AG (ADR) (OTCMKTS:ADDYY) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com