PR Newswire | Aug 17, 2021 01:15PM EDT

Fistel Regarding Investigation

08/17 12:14 CDT

(AKU) Akumin Inc. Alert: Did You Lose Money on Your Investment? Contact Johnson Fistel Regarding Investigation SAN DIEGO, Aug. 17, 2021

SAN DIEGO, Aug. 17, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Akumin Inc. (NASDAQ: AKU).

On or about September 3, 2020, Akumin began trading on the NASDAQ. In connection the Company voluntary delisted its "AKU.U" U.S. dollar listing on the Toronto Stock Exchange (the "TSX.

Then on, August 15, 2021, Akumin announced that it would not timely file its financial report for the period ended June 30, 2021 because the Company requires "additional information and analysis relate[d] to potential additional credit losses with respect to prior years."

Following this news, the Company's stock price fell $0.47, or 16%, to close at $2.46 per share on August 16, 2021.

If you have information that could assist in this investigation, including past employees and others, or if you are an Akumin Inc. shareholder and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.

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About Johnson Fistel, LLP:Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:Johnson Fistel, LLPJim Baker, 619-814-4471jimb@johnsonfistel.com

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SOURCE Johnson Fistel, LLP