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ADMA Biologics investigated for securities fraud after 29% stock drop over alleged channel stuffing.

Market News
13 Apr 2026
GlobeNewsWire
View Source
Bearish
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ADMA Biologics is under investigation by law firm Bleichmar Fonti & Auld for potential securities fraud related to claims of channel stuffing. The allegations suggest the company inflated its 2025 revenue growth by inducing a distributor to stock excess product through rebates and extended payment terms, masking a real revenue decline of 3%. This report from Culper Research caused ADMA's stock to fall 29% over two days. Investors in ADMA Biologics are encouraged to seek legal advice as the investigation continues.

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