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

Market News
11 May 2026
GlobeNewsWire
View Source
Bearish
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ADMA Biologics is under investigation by Bleichmar Fonti & Auld LLP for allegedly inflating its 2025 revenue growth through channel stuffing, a practice where excess product was pushed to distributors to falsely boost sales figures. This claim surfaced after a report by Culper Research revealed the company’s real revenue likely declined by 3%, not grew 20% as reported. The stock price dropped 29% following the report, prompting legal action for investors who suffered losses. Investors are encouraged to seek legal advice as the investigation continues.

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