It would be helpful if you could include the error. Also what version of IE and Adobe? They recently released an update a few days ago so I would try updating that and see if there is any change.
By the way, this is a known issue. IE9 being unable to open PDF files with Adobe Reader X. I think the recent update fixed that.
If that doesn't resolve the issue, Open Adobe Reader>Go to Edit>Preferences>Internet>Uncheck Display PDF in Browser