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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.

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Its Investigation of Akumin Inc. (AKU) on Behalf of Investors

November 18, 2021 GMT

BENSALEM, Pa.--(BUSINESS WIRE)--Nov 18, 2021--

Law Offices of Howard G. Smith continues its investigation on behalf of Akumin Inc. (“Akumin” or the “Company”) (NASDAQ: AKU ) investors concerning the Company’s possible violations of federal securities laws.

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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com:https://www.businesswire.com/news/home/20211118005348/en/

CONTACT: Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

888-638-4847

howardsmith@howardsmithlaw.com

www.howardsmithlaw.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Law Offices of Howard G. Smith

Copyright Business Wire 2021.

PUB: 11/18/2021 12:00 PM/DISC: 11/18/2021 12:00 PM

http://www.businesswire.com/news/home/20211118005348/en