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ADMA Biologics faces securities fraud probe after 29% stock plunge over alleged channel stuffing.

Market News
20 Apr 2026
GlobeNewsWire
View Source
Bearish
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ADMA Biologics is under investigation by Bleichmar Fonti & Auld LLP for potential securities fraud following a 29% drop in its stock price. The plunge was triggered by a report from Culper Research accusing the company of channel stuffing to inflate its 2025 revenue growth from an actual decline of 3% to a reported 20%. This alleged scheme involved pushing excess product to distributors with incentives to meet sales targets. Investors who bought ADMA shares are encouraged to seek legal advice as the investigation continues.

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