ADMA Biologics Faces Legal Investigation

Written by Emily J. Thompson, Senior Investment Analyst

Source: Globenewswire

Updated: Mar 27 2026

0mins

ADMA+1.72%

Should l Buy ADMA?

Source: Globenewswire

Legal Investigation Initiated: Bragar Eagel & Squire, P.C. is investigating ADMA Biologics, Inc. for potential violations of federal securities laws and other unlawful business practices, which could significantly impact shareholder rights.
Short Report Allegations: On March 24, 2026, Culper Research published a short report alleging that ADMA's reported growth is fictitious, estimating a 3% revenue decline in 2025 instead of the reported 20% increase, highlighting potential financial misconduct.
Significant Stock Price Drop: Following the release of the short report, ADMA's stock price fell by $2.26, or 16.63%, closing at $11.33 per share, indicating market concerns regarding the company's financial health.
Investor Rights Protection: Bragar Eagel & Squire encourages affected investors to contact their attorneys to discuss legal options, demonstrating the firm's commitment to protecting shareholder rights and providing legal support.

Trade with 70% Backtested Accuracy

Stop guessing "Should I Buy ADMA?" and start using high-conviction signals backed by rigorous historical data.

Analyst Views on ADMA

About ADMA

ADMA Biologics, Inc. is an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing and developing specialty biologics for the treatment of immunodeficient patients at risk for infection and others at risk for certain infectious diseases. The Company manufactures and markets three United States Food and Drug Administration (FDA)-approved plasma-derived biologics for the treatment of immune deficiencies and the prevention of certain infectious diseases: ASCENIV (immune globulin intravenous, human-slra 10% liquid) for the treatment of primary humoral immunodeficiency (PI); BIVIGAM (immune globulin intravenous, human) for the treatment of PI; and NABI-HB (hepatitis B immune globulin, human) to provide enhanced immunity against the hepatitis B virus. Through its ADMA BioCenters subsidiary, the Company also operates as an FDA-approved source plasma collector in the United States, which provides its blood plasma for the manufacture of its products.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

ADMA Biologics Faces Securities Claims Investigation

5 hours agoPRnewswire

Securities Claims Investigation: Rosen Law Firm has announced an investigation into ADMA Biologics for potentially issuing materially misleading business information, which, if substantiated, could severely impact the company's reputation and stock price.
Stock Price Plunge: On March 24, 2026, ADMA Biologics shares fell by 16.6% after short seller Culper Research alleged the company engaged in channel stuffing to inflate revenue, highlighting serious market concerns regarding the company's financial transparency.
Class Action Preparation: Rosen Law Firm is preparing a class action to seek recovery for investor losses, allowing investors to participate through a contingency fee arrangement, indicating the firm's commitment to protecting investor rights.
Firm's Strength: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, showcasing its strong track record and expertise in the securities litigation field.

ADMA Biologics Shares Plunge 16% Amid Investigation

1 day agoPRnewswire

Stock Price Drop: ADMA Biologics saw its shares plummet over 16% on March 24, 2026, following a report by Culper Research that revealed issues of channel stuffing and undisclosed related party distributors, severely undermining investor confidence.
Investigation Launched: National shareholder rights firm Hagens Berman has initiated an investigation into ADMA to determine if the company violated federal securities laws, particularly regarding compliance in financial reporting, urging investors who suffered significant losses to submit their information to assist in the inquiry.
Financial Transparency Issues: Culper Research highlighted a dramatic increase in ADMA's days sales outstanding (DSO), which surged from 43 days in 2024 to 113 days in 2025, indicating that the company may have inflated revenues by extending payment terms and offering rebates, thereby compromising financial transparency and investor trust.
Analyst Downgrade: The market reacted swiftly, prompting a prominent analyst to downgrade ADMA's rating from overweight to neutral, reflecting growing concerns about the company's financial health and pessimistic expectations for future performance.

ADMA Biologics Under Investigation for Securities Violations

2 days agoGlobenewswire

Investigation Rationale: Bleichmar Fonti & Auld LLP is investigating ADMA Biologics for potentially misleading investors with a reported 20% revenue growth in 2025, which may have been artificially inflated through channel stuffing, raising serious concerns about the company's financial transparency.
Channel Stuffing Allegations: A report by Culper Research claims that ADMA Biologics incentivized a distributor to stockpile ASCENIV by offering rebates and extended payment terms, which allegedly allowed the company to report growth that did not exist; without this scheme, revenue would have declined by 3%, significantly undermining investor confidence.
Stock Price Plunge: Following these allegations, ADMA Biologics' stock price plummeted by 29% over two trading days, from $13.59 per share on March 23, 2026, to $9.63 per share on March 25, indicating extreme market pessimism regarding the company's future prospects.
Legal Options for Investors: Investors are encouraged to submit their information to BFA for potential legal recourse, with the firm offering contingency fee arrangements, highlighting a commitment to protecting investor rights while potentially impacting ADMA's reputation and future financing capabilities.

ADMA Biologics Under Investigation for Securities Fraud

5 days agoGlobenewswire

Investigation Background: Leading securities law firm Bleichmar Fonti & Auld LLP is investigating ADMA Biologics for potential violations of federal securities laws, particularly regarding the authenticity of its reported 20% revenue growth in 2025.
Revenue Growth Concerns: A report by Culper Research claims that ADMA Biologics engaged in channel stuffing by inducing distributors to stockpile ASCENIV, masking actual demand declines, and that without this scheme, the company would have faced a 3% revenue decline in 2025.
Stock Price Plunge: The investigation news led to a 29% drop in ADMA Biologics' stock price over two days, falling from $13.59 per share on March 23 to $9.63 on March 25, reflecting market concerns over its financial transparency.
Legal Options for Investors: Investors are encouraged to submit their information for legal assistance, with BFA offering representation on a contingency fee basis, highlighting its commitment to protecting investor rights.