The Wagner Firm Announces Investigation Regarding FONAR Corporation

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The Wagner Firm announces that it is investigating potential breaches of fiduciary duty regarding the take-private merger of FONAR Corporation (FONR), which was acquired by a management-led group.

Our investigation focuses on whether public shareholders received fair value for their shares. The consideration rates for the merger were $19.00 for common/Class B stock, $6.34 for Class C stock, and $10.50 for Class A preferred stock. Following the transaction, FONAR was delisted from the Nasdaq and its securities were deregistered.

If you are a former shareholder and have any questions or would like more details, please visit our website, www.thewagnerfirm.com, or contact Maiara De Souza at (954) 778-1952.

This press release may be considered Attorney Advertising in some jurisdictions.

Contacts

Maiara De Souza at (954) 778-1952

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