#United States #New York #Fiduciary Duty #Levi & Korsinsky #FONAR Corporation

Investigation of FONAR Corporation

On January 21, 2026, Levi & Korsinsky, LLP announced an investigation concerning potential breaches of fiduciary duty involving FONAR Corporation. This prominent law firm is reaching out to shareholders of FONAR (NASDAQ: FONR) to inform them of the ongoing scrutiny regarding the actions of the company's leaders.

What Happened?

The investigation stems from concerns that the officers and directors of FONAR Corporation may have compromised their fiduciary responsibilities during a management-led merger that took place in December 2025. Such mergers require the highest level of ethical conduct as they significantly impact shareholders' interests.

Levi & Korsinsky, known for its robust reputation in securities litigation, is exploring whether the decision-making processes behind this merger reflected proper governance or if the interests of the shareholders were not adequately prioritized. They are particularly focused on the motivations behind the merger, especially concerning any personal interests that company executives may have had.

Rights and Resources for Shareholders

Shareholders are encouraged to remain informed about their rights during this investigation. Levi & Korsinsky asserts that there is no financial obligation for shareholders to join this inquiry. Individuals holding shares of FONAR Corporation can learn more and submit inquiries through the firm’s dedicated online platform or by directly contacting one of the firm's attorneys, including Joseph E. Levi, Esq., for personalized guidance.

The Role of Levi & Korsinsky

This New York-based law firm is well recognized for its strong track record in handling cases against financial fraud. With attorneys who have recovered hundreds of millions of dollars for aggrieved shareholders nationwide, the firm’s engagement in this case could result in substantial ramifications for FONAR Corporation and its executive teams.

The firm operates several offices across the U.S., including locations in California, Connecticut, and Washington D.C., providing far-reaching legal expertise and resources to its clients. Their attorneys specialize in representing investors in securities lawsuits, making them a pivotal force in the current investigation into FONAR Corporation.

Next Steps for Interested Shareholders

Shareholders of FONAR Corporation seeking more information on how this investigation could affect their investments are urged to connect with Levi & Korsinsky. In addition to the contact details provided, interested parties can visit their official website for further developments regarding the investigation.

FONAR Corporation’s board of directors is likely to face major inquiries on their governance practices, particularly surrounding this merger. As this investigation unfolds, transparency and accountability will be critical in addressing any misconduct if it exists.

In summary, FONAR Corporation shareholders should stay vigilant and engaged as this situation develops. They have the full support of Levi & Korsinsky, which provides a strong legal foundation to navigate this complex case.