Overview:

Kalloghlian Myers LLP has commenced a class action against Akumin Inc. and its directors and officers.

Class Definition:

This action was commenced on behalf of all persons and entities, other than the Excluded Persons, that acquired Akumin’s securities during the period from May 15, 2019 at 7:46 AM ET to November 15, 2021 at 7:04 AM ET.

Latest Updates:

• November 6, 2024: Leave to appeal the order granting leave to proceed has been granted.

• August 16, 2024: Akumin has sought leave to appeal the order granting leave to proceed, and has appealed the order certifying the case as a class action.

• July 4, 2024: The motions for certification and leave to proceed under Part XXIII.1 of the Securities Act were granted as against the Akumin defendants and dismissed as against Ernst & Young LLP. A copy of the decision is available here.

• June 7, 2024: The motions for certification and leave to proceed under Part XXIII.1 of the Securities Act have been heard and the court has reserved.

• May 11, 2023: The motions for certification and leave to proceed under Part XXIII.1 of the Securities Act are scheduled to be heard on March 5 to 7, 2023.

• June 2, 2022: Carriage of this class action was granted to Kalloghlian Myers LLP.

• December 20, 2021: The Statement of Claim was filed with the Ontario Superior Court of Justice.