ADMA BIOLOGICS CLASS ACTION LAWSUIT: AN AUTHORITATIVE AND METICULOUS INVESTOR PLAYBOOK [2026]

THE LAW OFFICES OF TIMOTHY L. mILES

TIMOTHY L. MILES

(855) TIM-M-LAW (855-846-6529)

[email protected]

(24/7/365)

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Key Details of the ADMA Biologics Class Action Lawsuit (June, 2028)

The ADMA Biologics class action lawsuit seeks to represent purchasers or acquirers of ADMA Biologics, Inc. (NASDAQ: ADMA) publicly traded securities between August 9, 2024 and March 25, 2026, inclusive (the “Class Period”).

Key Details of the Lawsuit

  • Class Period in the ADMA Biologics class action lawsuit: The ADMA Biologics class action lawsuit seeks to represent purchasers or acquirers of ADMA Biologics, Inc. (NASDAQ: ADMA) publicly traded securities between August 9, 2024 and March 25, 2026, inclusive (the “Class Period”).
  • Lead Plaintiff Deadline: August 10, 2026.
  • Core Allegations
    • Channel Stuffing: ADMA allegedly induced its distributors to take excess product (such as their flagship drug ASCENIV) by offering rebates and extended payment terms, thereby artificially inflating revenue. 
    • Undisclosed Related-Party Transactions: The company failed to disclose a material distribution relationship with Genesis BioPharma Services, an entity that allegedly operated out of ADMA’s own corporate headquarters. 
    • Inadequate Internal Controls: The company failed to maintain accurate financial disclosures, leading to materially false and misleading statements to the market.
  • Stock Price Decline: Following the release of the Culper Research report, ADMA Biologics stock plunged over 29% across two consecutive trading days (dropping from a close of $13.59 to $9.63 per share), significantly injuring investors.

Timothy L. Miles

⚖ Securities Class Action
What Is the Class Period?
In a securities class action, the class period refers to the specific time frame during which the alleged fraudulent activity occurred — the period in which plaintiffs claim to have suffered financial losses due to misrepresentations or omissions made by the defendants.

Inclusion in Class Period
The class period is crucial in determining who can be included in the class and seek damages.
Start of Class Period
Typically starts when the alleged fraud was first publicly disclosed or when investors should have reasonably become aware of it.
End of Class Period
Usually ends when the alleged fraud was revealed to the public or when the plaintiffs filed a lawsuit.
Length of Class Period
The length can vary depending on the specific circumstances of each case — from weeks to several years.



Key Aspects of the ADMA Biologics on Class Action Lawsuit

The fraud: This involves a company or its executives intentionally making false or misleading statements to manipulate the stock marketThis can include concealing important information that, if known, would have affected an investor’s decision to buy, sell, or hold the stock. 

  • The class period: This is thetimeframe during which the alleged fraud took place. It typically starts when the misleading information is released and ends when the truth is fully disclosed to the public, often leading to a significant drop in the stock price. The class period in the ADMA Biologics class action lawsuit is all purchasers or acquirers of Via Transportation, Inc. (NYSE: VIA) common stock pursuant and/or traceable to Via Transportation’s offering documents issued in connection with Via Transportation’s September 15, 2025 initial public offering (the “IPO”).  
  • Investor eligibility: To be included, you must have purchased or sold the company’s securities during the class period and suffered an economic loss. 
  • Lead plaintiff: A court-approved lead plaintiff represents the entire class, oversees the ADMA Biologics class action lawsuit and has the authority to approve settlements on behalf of all class members. 
  • Benefits: Class actions give individual investors leverage against large companies and allow them to share the costs of litigation through a contingency-fee arrangement, meaning the lawyers are paid only if the class wins. 
  • Participation: Investors who are eligible to join the class do not have to join and can “opt out” to pursue their own individual lawsuit, though this requires hiring and paying a private attorney.

 How it Works

  • A lawsuit is initiated by one or more investors, called the “lead plaintiffs,” on behalf of a larger group of investors, or the “class”. 
  • The “class period” is defined as the specific timeframe during which the alleged fraudulent activity took place. Only those who bought or sold the security during this period are eligible to participate. 
  • The case is litigated, which may include a lengthy discovery phase for gathering evidence. 
  • The case can be settled or go to trial. Most class actions are resolved through settlements, which can include cash or stock paid into a common fund for the class. The lead plaintiff and class counsel approve any settlement before it is finalized.

 Common Types of Misconduct

  • Securities fraud class actions can arise from various types of misconduct by a company, its officers, or others involved in the sale of its securities, including: 
  • Making false or misleading statements in SEC filings, prospectuses, or earnings announcements.   

 What Plaintiffs Must Prove

To succeed in a federal securities fraud class action, plaintiffs must prove several elements:

  • Scienter: The defendant acted with an intent to deceive, manipulate, or defraud.  
  • Reliance: The plaintiff relied on the misstatement or omission when buying or selling the security. For publicly traded securities, this can be proven through the “fraud-on-the-market” theory, which presumes the market price reflects all public, material information. 
⚖ Securities Class Action
What Plaintiffs Must Prove

Material Misstatement or Omission
The company made a false or misleading statement, or failed to disclose a material fact that investors would consider important in making investment decisions.
Scienter
The defendant acted with an intent to deceive, manipulate, or defraud — one of the most critical and demanding elements to establish in any securities fraud case.
Reliance
The plaintiff relied on the misstatement when buying or selling the security. For publicly traded securities this can be proven through the "fraud-on-the-market" theory — which presumes the market price reflects all public, material information.
Economic Loss
The plaintiff suffered an actual financial loss as a direct result of the defendant's fraudulent conduct — quantified through expert analysis and market data.
Loss Causation
The company's misstatement or omission directly caused the plaintiff's loss — often demonstrated by a stock price drop after the truth is revealed in a "corrective disclosure." This is the critical link between the fraud and the investor's financial harm.


How to Get Involved

  • If you bought a security during the alleged class period and suffered a loss, you are generally automatically included in the class. You don’t have to take any action unless you want to file a claim for recovery later. 
  • You may be notified of a class action by mail if you are an eligible class member. 
  • If you believe you may have a claim, you can contact a securities class action law firm for guidance. 

What Is a Notice in a Class Action

  • A notice in a class action refers to the formal communication sent to potential class members informing them about the lawsuit and their rights to participate in it.
  • This notice is a crucial part of the class action process as it ensures that all individuals who may be affected by the outcome of the ADMA Biologics class action lawsuit are aware of their rights and can choose whether to opt-in or opt-out of the class.
  • The notice typically contains information about the nature of the ADMA Biologics class action lawsuit, the claims being made, and the potential benefits or risks associated with participation. It also provides instructions on how to file a claim or request exclusion from the class.
  • Overall, the notice serves to promote transparency and fairness in the class action process by ensuring that all affected individuals have an opportunity to exercise their legal rights.
Law Offices of Timothy L. Miles

Lead Plaintiff Information


Allegations in the ADMA Biologics Class Action Lawsuit

The ADMA Biologics class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that:

  • ADMA Biologics engaged in an undisclosed related party transaction;
  • ADMA Biologics used channel stuffing to create an appearance of revenue; and
  • ADMA Biologics lacked adequate internal controls.

On March 24, 2026, Culper Research issued a report entitled “ADMA Biologics Inc (ADMA): Channel Stuffing, an Undisclosed Related Party Distributor, and -3% Real Growth in 2025 vs. +20% Reported.”  Culper Research allegedly asserted that ADMA Biologics’ “reported growth is a fiction driven more than entirely be a de facto channel stuffing scheme and an undisclosed related party distributor,” adding that had ADMA Biologics “held payment terms steady rather than extending terms to inflate reported revenues, [ADMA Biologics] would have reported year-over-year revenue declines of 3% in 2025.” 

On this news, the price of ADMA Biologics stock declined over 16%, according to the ADMA Biologics class action lawsuit.

On March 25, 2026, ADMA Biologics issued a press release entitled “ADMA Biologics Addresses Misleading Short-Seller Report,” allegedly stating that the Culper Research report was “premised on speculative assertions derived from unidentified and unreliable sources and contains numerous misleading, false and inaccurate statements.” 

Then, on March 26, 2026, Investing.com published an article entitled “Cantor downgrades ADMA Biologics stock rating on short report concerns.” 

The article allegedly reported that Cantor Fitzgerald downgraded ADMA Biologics to Neutral from Overweight and that investors “expressed disappointment” in ADMA Biologics’ response to the Culper Research report. 

On this news, the price of ADMA Biologics stock fell more than 13%, according to the ADMA Biologics class action lawsuit.

⚖ Securities Class Action
Options That Shareholders Have

Do Nothing — Remain a Class Member
If you take no action, you automatically remain a member of the class so long as you purchased during the class period and suffered a loss.
Exclude Yourself — Opt Out
Upon receiving a court notice, you have the right to opt out by submitting a written request to the court clearly stating you wish to be excluded from the class action.
Submitting Your Request
Your request should include all identifying information — name, address, shares sold, etc. — and be postmarked by the deadline contained in the Notice.
Consequences of Opting Out
If you suffered significant losses you may file your own individual lawsuit. However, if there is a settlement in the class action, you will not be able to participate or share in any proceeds.



Rights of Investors in the ADMA Biologics Class Action Lawsuit

Investors affected by the ADMA Biologics class action lawsuit possess specific rights that they can exercise. Understanding these rights is vital for anyone considering involvement in the Zoetis class action lawsuit. 

Right to Information

  • This includes information on the case’s progress, potential settlements, and any necessary actions they may need to undertake. 

 

Right to Participate

  • Affected investors have the right to join the ADMA Biologics class action lawsuit.
  • This allows them to collaborate with other investors in seeking compensation for their losses without the burden of filing individual lawsuits.

 

Right to Legal Representation

  • Investors can seek legal counsel to navigate the complexities of the ADMA Biologics lawsuit.
  • Legal professionals can provide guidance and support throughout the process.
  • If you suffered substantial losses and wish to serve as lead plaintiff of the ADMA Biologics class action lawsuit or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected].
⚖ Securities Class Action
Damages You Are Entitled to in a Securities Class Action
In a securities fraud case, damages are typically calculated as out-of-pocket losses — the difference between the price at which the stock was sold and the price at which it would have been sold absent any artificial inflation caused by the defendant's alleged misrepresentations or omissions.

Calculation of Out-of-Pocket Losses
Out-of-pocket losses are calculated by comparing the purchase price of the securities with their value at the time of sale or other relevant measure of damages — representing the actual financial harm suffered.
Other Factors Considered
The calculation may also account for any dividends or other distributions received by the investor during the relevant period — reducing the total out-of-pocket loss figure.
Expert Analysis
In some cases, market fluctuations or external events may complicate the calculation. In such cases, expert analysis and economic modeling are employed to determine an accurate estimation of the investor's total losses.
Law Offices of Timothy L. Miles

What Is a Shareholder Derivative Action?


The Eligibility Criteria for Lead Plaintiff Appointment in the ADMA Biologics Class Action Lawsuit

To be eligible for appointment as the lead plaintiff in the ADMA Biologics Class Action Lawsuit, an investor must meet the following criteria:  

  • Securities Acquisition: The ADMA Biologics class action lawsuit seeks to represent purchasers or acquirers of ADMA Biologics, Inc. (NASDAQ: ADMA) publicly traded securities between August 9, 2024 and March 25, 2026, inclusive (the “Class Period”).
 

It is crucial to note that both domestic and international investors who meet these criteria are eligible to seek appointment as the lead plaintiff in the class ADMA Biologics Class Action Lawsuit as courts have consistently recognized the rights of non-U.S. investors in securities class actions.

Contingency Fee Agreements: No Cost to Hire a Lawyer

Law Offices of Timothy L. Miles

Understanding Corrective Disclosure
  • No Fee:  It does not cost anything to hire a lawyer if you are eligible for an ADMA Biologics lawsuit. We take all cases on a contingency basis which means we do not get paid unless we win or settle your case. 
  • Talk with a Lawyer Free of Charge: A lawyer can explain the process of an ADMA Biologics lawsuit and answer any questions you may have free of charge.
⚠ Securities Fraud
Advanced Red Flags & Warning Signs

Aggressive Accounting
Watch for aggressive accounting practices such as recognizing revenue prematurely or delaying expense recognition — tactics that artificially inflate earnings and create a misleading picture of financial health. Scrutinize non-recurring or one-time items, which companies may use to smooth earnings and hide underlying problems.
Domineering Management
A major red flag is management that discourages questions or dissent from board members — a culture of intimidation that suppresses oversight, enables fraud, and prevents the board from fulfilling its fiduciary duty to shareholders.
Lack of Board Independence
Warning signs include a lack of independent directors or audit committee members with insufficient financial expertise — leaving shareholders without the independent oversight needed to detect and prevent fraudulent financial reporting.
Rotating Executives & Poor Communication
Frequent changes in key personnel — particularly in financial reporting roles — combined with poor communication between management and the board of directors are serious warning signs of potential fraud or financial misconduct.


Frequently Asked Questions About the ADMA Biologics Class Action Lawsuit

What initiated the ADMA Biologics class action lawsuit?

The ADMA Biologics class action lawsuit is initiated by investors alleging that ADMA Biologics provided misleading information regarding its financial health and operations, resulting in financial losses.

 

How can I join the ADMA Biologics class action lawsuit?

If you purchased shares during the class period and suffered a loss, then you are automatically a member of the ADMA Biologics lawsuit and do not need to do anything at this point unless you are considering moving for lead plaintiff.

 

What are the potential benefits of a ADMA Biologics class action lawsuit?

Class action lawsuits like the ADMA Biologics class action lawsuit allow individual investors to collectively seek justice and compensation, which might be challenging to pursue individually. They also promote corporate accountability.

 

How long will the ADMA Biologics class action lawsuit take to resolve?

The duration of class action lawsuits can vary significantly, depending on the complexity of the case, legal strategies, and whether settlements are reached. It could take several months to years to resolve the lawsuit.

 

What is the role of a lead plaintiff in the ADMA Biologics class action lawsuit?

A lead plaintiff is responsible for selecting and monitoring lead counsel responding to discovery requests, providing testimony when needed, reviewing key filings, and participating in settlement negotiations. They act as a fiduciary for the entire class, overseeing the litigation process to ensure the best possible outcome for all class members.

Timothy L. Miles | Free Case Evaluation
Take Action: Call Today
"It will be the only call you need to make."


Contact Timothy L. Miles Today About a ADMA Biologics Class Action Lawsuit

The most important thing you need to know is you can call me at no charge if you wish to serve as lead plaintiff of the

ADMA Biologics 

 class action lawsuit, or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected]. (24/7/365).

Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
300 Centerview Dr. #247
Mailbox #1091
Brentwood,TN 37027
Phone: (855) Tim-MLaw (855-846-6529)
Email: [email protected]
Website: www.classactionlawyertn.com

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Timothy L. Miles

Timothy L. Miles is a nationally known and top rated class action lawyer who has been leading the fight to protect shareholder and consumer rights for over 20 years. Mr. Miles received a Bachelor of Science in Psychology from Belmont University in Nashville, Tennessee in 1995 and his J.D. from the Nashville School of Law in May 2001, graduating third in his class, and was made a member of the Honorable Society of Cooper's Inn which is reserved for students graduating in the top ten percent of their class.