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ADMA Negative Sentiment Score: 25/100

ADMA INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into ADMA Biologics Inc and Encourages Investors to Contact the Firm

Key Takeaway: ADMA Biologics Inc is under investigation by Bronstein, Gewirtz & Grossman, LLC following the recent resignation of its independent auditor, CohnReznick LLP. This incident has resulted in a significant drop in the company's stock price, falling by 16.33% to close at $17.01 per share. Investors who purchased ADMA's securities are encouraged to contribute to the investigation, which is being conducted without upfront costs to them. The firm specializes in representing investors in securities fraud cases.

Market Sentiment Analysis

CONCERNS & RISKS

  • The abrupt resignation of ADMA Biologics' independent auditor raises concerns about financial transparency.
  • The company's stock experienced a significant drop of 16.33% following the auditor's resignation.
  • Ongoing investigation into potential claims might create uncertainty for investors.

Full Press Release Details

NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of ADMA Biologics Inc (“ADMA Biologics” or “the Company”) (NASDAQ: ADMA). Investors who purchased ADMA Biologics securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/ADMA.
Investigation Details
On October 9, 2024, ADMA Biologics disclosed the abrupt resignation of its independent outside auditor CohnReznick LLP.  Following this announcement, ADMA’s stock price fell $3.32 per share, or 16.33%, to close at $17.01 per share on October 10, 2024.
If you are aware of any facts relating to this investigation or purchased ADMA Biologics securities, you can assist this investigation by visiting the firm’s site: bgandg.com/ADMA. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
Why Bronstein, Gewirtz & Grossman
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | info@bgandg.com

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Frequently Asked Questions

What is ADMA Biologics investigating?

ADMA Biologics is under investigation due to the abrupt resignation of its auditor.

What happened to ADMA's stock price recently?

After the auditor's resignation, ADMA's stock dropped by 16.33% to $17.01.

How can I assist the investigation?

You can share information or purchase ADMA securities by visiting bgandg.com/ADMA.

Is there any cost for representation?

No, representations are on a contingency basis, with costs covered if successful.

What is the focus of Bronstein, Gewirtz & Grossman, LLC?

The firm specializes in securities fraud class actions and shareholder suits.

Last updated: Oct 21, 2024