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MILWAUKEE, March 3, 2026 /PRNewswire/ -- Ademi LLP continues to investigate FONAR (NASDAQ: FONR) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Timothy Damadian and an acquisition group consisting of certain members of the FONAR's management team and board of directors and third parties. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995.
Cash and cash equivalents decreased 6% to $53.0 million at December 31, 2025, as compared to $56.3 million for the fiscal year-ended June 30, 2025. Total Revenues - Net increased by 2% to $25.5 million for the quarter ended December 31, 2025, versus the corresponding quarter one year earlier.
NEW YORK, Feb. 2, 2026 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of FONAR Corporation ("FONR" or the "Company") (NASDAQ: FONR). You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into potential breaches of fiduciary duty by the officers and directors of FONAR Corporation.
PHILADELPHIA, Jan. 27, 2026 /PRNewswire/ -- Investor protection firm Kaskela Law LLC is investigating the proposed buyout of FONAR Corp. (NASDAQ: FONR) ("FONAR") to determine whether the proposed buyout price materially undervalues the company's shares and shortchanges the company's investors. Click here for additional information: https://kaskelalaw.com/case/fonar-corp/ On December 29, 2025, FONAR announced that it had agreed to be acquired at a price of $19.00 per share in cash.
NEW YORK and NEW ORLEANS, Jan. 23, 2026 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq.
NEW YORK, Jan. 21, 2026 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP: To: All Persons or Entities who hold stock of FONAR Corporation ("FONR" or the "Company") (NASDAQ: FONR). You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into potential breaches of fiduciary duty by the officers and directors of FONAR Corporation.
NEW YORK, Jan. 5, 2026 /PRNewswire/ --Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating FONAR Corporation (NASDAQ: FONR ) related to its sale to affiliates of Chief Executive Officer Timothy Damadian and certain executives and directors of the company.
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