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

Key Takeaway: Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of investors who purchased ADMA Biologics Inc securities. This follows the recent resignation of ADMA's independent auditor, CohnReznick LLP, which led to a significant drop in the company's stock price by over 16%. The firm is encouraging affected investors to come forward and assist with the investigation.

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CONCERNS & RISKS

  • ADMA Biologics announced the sudden resignation of its independent auditor, raising concerns about the company's financial oversight.
  • Following the auditor's resignation announcement, ADMA's stock price plummeted by 16.33% in a single day.

Full Press Release Details

NEW YORK, Oct. 27, 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 prompted the investigation into ADMA Biologics?

The investigation follows ADMA Biologics' sudden auditor resignation on October 9, 2024.

How much did ADMA’s stock drop after the announcement?

After the audit resignation, ADMA's stock fell by $3.32, or 16.33%.

Is there a cost to participate in the investigation?

No, participation is free as the firm operates on a contingency fee basis.

How can investors assist the investigation?

Investors can assist by visiting bgandg.com/ADMA or contacting the firm.

What is Bronstein, Gewirtz & Grossman known for?

The firm is recognized for representing investors in securities fraud cases.

Last updated: Oct 27, 2024