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Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

The Law Offices of Frank R. Cruz Announces Investigation of Akumin Inc. (AKU) on Behalf of Investors

August 17, 2021 GMT

LOS ANGELES--(BUSINESS WIRE)--Aug 16, 2021--

The Law Offices of Frank R. Cruz announces an investigation of Akumin Inc. (“Akumin” or the “Company”) (NASDAQ: AKU ) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

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On Sunday, 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.”

On this news, the Company’s stock price fell $0.47, or 16%, to close at $2.46 per share on August 16, 2021, thereby injuring investors.

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If you purchased Akumin securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20210816005754/en/

CONTACT: The Law Offices of Frank R. Cruz, Los Angeles

Frank R. Cruz, 310-914-5007

fcruz@frankcruzlaw.com

www.frankcruzlaw.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: The Law Offices of Frank R. Cruz

Copyright Business Wire 2021.

PUB: 08/16/2021 09:05 PM/DISC: 08/16/2021 09:06 PM

http://www.businesswire.com/news/home/20210816005754/en