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$ADMA Fraud Notice: ADMA Biologics Accused of Securities Fraud over Channel Stuffing Allegations in Filed Class Action Lawsuit – Investors Notified to Contact BFA Law

Key Takeaway: ADMA Biologics is under legal scrutiny as a class action lawsuit has been filed against the company and its executives for securities fraud. The allegations suggest that ADMA engaged in a channel stuffing scheme to inflate its revenue growth, leading to a significant stock drop. Following the lawsuit announcement, ADMA's stock price fell sharply, raising concerns among investors about the integrity of the reported growth figures. The case is currently pending in the U.S. District Court for New Jersey, with a lead plaintiff deadline set for August 10, 2026.

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CONCERNS & RISKS

  • ADMA Biologics is facing a class action lawsuit for securities fraud due to allegations of a channel stuffing scheme.
  • The company's stock experienced a significant drop of 16.6% following the allegations of fraud.
  • ADMA's reported growth figures have come into question, with claims that actual growth was only 3% instead of the reported 20%.
  • There are concerns regarding undisclosed related party transactions that may further impact investor trust.

Full Press Release Details

NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against ADMA Biologics, Inc. (NASDAQ:ADMA) and certain of the Company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.
If you invested in ADMA Biologics, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/adma-biologics-class-action-lawsuit.
Key Details of the ADMA ($ADMA) Class Action:
Lead Plaintiff Deadline: August 10, 2026
Alleged Misconduct: Securities fraud relating to allegations that ADMA’s reported 20% growth for 2025 was driven by a channel stuffing scheme
Largest Stock Drop: March 24, 2026 – 16.6% Stock Drop
Court: U.S. District Court for the District of New Jersey
Action: Contact BFA Law to discuss your rights
Investors have until August 10, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in ADMA securities. The class action is pending in the U.S. District Court for the District of New Jersey. It is captioned Mazzarino v. ADMA Biologics, Inc., et al., No. 26-cv-6918.
Why is ADMA Biologics Being Sued for Securities Fraud?
ADMA has been sued for securities fraud following significant stock drops resulting from potential violations of the federal securities laws. The decline in AMDA’s stock price caused significant losses to investors.
ADMA is an end-to-end commercial biopharmaceutical company focused on manufacturing, marketing and developing specialty biologics. ADMA’s flagship product is ASCENIV, a liquid immune globulin solution used to treat Primary Humoral Immunodeficiency in adults and adolescents.
During the relevant period, as alleged, ADMA was engaged in a de facto channel stuffing scheme to drive revenue growth in the face of waning demand for its flagship product, ASCENIV, and failed to disclose related party transactions.
Why did ADMA Biologics’ Stock Drop?
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 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 to book revenue and “report[] growth that was never there.” According to Culper Research, had ADMA not engaged in this alleged channel stuffing scheme, it would have experienced revenue declines of 3% in 2025 instead of the reported 20% growth.
This news caused the price of ADMA stock to decline $2.26 per share, or 16.6%, from a closing price of $13.59 per share on March 23, 2026, to $11.33 per share on March 24, 2026. ADMA’s stock declined a further $1.70 per share, or 15%, the following day, to close at $9.63 per share on March 25, 2026.
Then, on March 26, 2026, Investing.com published an article titled “Cantor downgrades ADMA Biologics stock rating on short report concerns.” This news caused the price of ADMA stock to decline $1.34 per share, or 13.9%, from a closing price of $9.63 per share on March 25, 2026, to $8.29 per share on March 29, 2026.
If you invested in ADMA Biologics, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
Submit your information by visiting:
Why Bleichmar Fonti & Auld LLP?
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Attorney advertising. Past results do not guarantee future outcomes.

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Frequently Asked Questions

What lawsuit has been filed against ADMA Biologics?

A class action lawsuit for securities fraud has been filed against ADMA Biologics.

Why did ADMA Biologics' stock drop?

ADMA's stock dropped due to allegations of channel stuffing to inflate revenue growth.

What is the deadline for lead plaintiff applications?

Investors have until August 10, 2026, to apply to be lead plaintiffs.

Who is representing the ADMA Biologics class action?

The lawsuit is represented by the law firm Bleichmar Fonti & Auld LLP.

What are the claims against ADMA Biologics?

Claims include violations of federal securities laws related to false revenue reporting.

Last updated: Jun 17, 2026