FONAR Corp. investigated over sale to CEO's affiliates, shareholders to receive $19/share.
ByAinvest
Thursday, Jan 8, 2026 10:27 am ET1min read
FONR--
Monteverde & Associates PC is investigating FONAR Corporation's sale to affiliates of CEO Timothy Damadian and certain executives and directors. The proposed transaction offers $19.00 per share for Class B common stockholders and $6.34 per share for Class C common stockholders. The M&A Class Action Firm has recovered millions for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report.
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