Berger Montague investigates ADMA Biologics over potential fiduciary breaches

Verifying
  • Berger Montague opened an investigation into ADMA Biologics’ board and potential fiduciary-duty breaches.
  • ADMA’s ASCENIV product faced declining demand amid alleged channel-stuffing to drive revenue growth.
  • ADMA is headquartered in Ramsey, New Jersey, and trades on Nasdaq under ADMA.
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