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ADMA Biologics (NASDAQ: ADMA) Investigated for Potential Federal Securities Laws Violations – Lowey Dannenberg, P.C.

Key Takeaway: ADMA Biologics is currently being investigated by Lowey Dannenberg P.C. for possible breaches of federal securities laws. The investigation follows a report by Culper Research, which accused ADMA of channel stuffing practices to inflate revenue figures inaccurately. Specifically, the report claims the company's inducement of a distributor to stockpile excess ASCENIV led to misleading financial statements, potentially showing a growth that was not genuinely realized. The law firm is looking into whether ADMA provided its investors with truthful and complete information regarding its financial status.

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CONCERNS & RISKS

  • ADMA Biologics is under investigation for potential violations of federal securities laws.
  • A report suggests that the company engaged in channel stuffing to artificially inflate revenue.
  • If the alleged channel stuffing occurred, ADMA would have reported a revenue decline of 3%, contradicting the reported 20% growth.

Full Press Release Details

NEW YORK, April 17, 2026 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a top complex litigation law firm, is investigating ADMA Biologics (NASDAQ: ADMA) (“ADMA Biologics” or the “Company”) for potential violations of the federal securities laws.
On March 24, 2026, Culper Research, an investigative research firm, published a report titled “ADMA Biologics Inc (ADMA): Channel Stuffing, an Undisclosed Related Party Distributor, and -3% Real Growth in 2025 vs. +20% Reported.” The report revealed, among other things, that in 2025 ADMA Biologics induced one of its distributors to “stock excess ASCENIV by offering rebates and extended payment terms in order to meet order expectations.” This allegedly allowed ADMA Biologics to book revenue and “report[] growth that was never there.” According to Culper Research, had ADMA Biologics not engaged in this alleged channel stuffing scheme, it would have experienced revenue declines of 3% in 2025 instead of the reported 20% growth.
“Our investigation concerns whether the company and its executives provided investors with accurate and complete information about the company,” said attorney Andrea Farah, Lowey Dannenberg, P.C. partner and head of the firm’s securities practice.
If you suffered a loss of more than $50,000 in ADMA Biologics securities, and wish to participate, or learn more about your eligibility, click here, or contact our attorneys Andrea Farah (afarah@lowey.com) at (914)733-7256 or Vincent R. Cappucci Jr. (vcappucci@lowey.com) at (914)733-7278.
About Lowey Dannenberg
Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors.
Lowey Dannenberg P.C.
44 South Broadway, Suite 1100
White Plains, NY 10601
SOURCE: Lowey Dannenberg

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Securities fraud class action

Frequently Asked Questions

What is ADMA Biologics being investigated for?

ADMA Biologics is under investigation for potential violations of federal securities laws.

What did the Culper Research report reveal?

The report indicated that ADMA allegedly engaged in channel stuffing to manipulate revenue.

What was the impact of ADMA's alleged actions on reported growth?

ADMA reportedly inflated growth figures, which would have shown a 3% decline without the scheme.

Who is leading the investigation into ADMA Biologics?

The investigation is led by attorney Andrea Farah from Lowey Dannenberg, P.C.

How can investors participate in the investigation?

Investors who lost over $50,000 in ADMA securities can contact Lowey Dannenberg for eligibility.

Last updated: Apr 17, 2026