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Investigation launched into ADMA Biologics over alleged revenue inflation and channel stuffing claims

Market News
27 Mar 2026
Newsfile Corp
View Source
Bearish
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Levi & Korsinsky has started an investigation into ADMA Biologics following allegations by Culper Research that the company inflated ASCENIV's revenue growth through channel stuffing. ADMA reported 51% year-over-year revenue growth for ASCENIV in Q4 2025, but Culper claims actual demand is declining, citing distributor feedback. This discrepancy led to a sharp drop in ADMA's stock price after the short-seller report was published. Investors who suffered losses may seek recovery under federal securities laws as the investigation unfolds.

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