A short seller says EquipmentShare's founders quietly ran a network of undisclosed related entities that pulled at least $77 million out of the company after an IPO that promised the opposite. The stock lost more than a third of its value. The lawsuits started the next week.
A class action filed in New Jersey alleges ADMA Biologics inflated its 2025 revenue through channel stuffing and an undisclosed related-party distributor tied to its own vice chairman. In two trading days, the stock lost twenty-nine percent.
By Mark Tell · Jul 7
Daily at 6AM Eastern
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