EXHIBIT NO. 5 OPINION OF COUNSEL RE LEGALITY January 21, 1997 Fonar Corporation 110 Marcus Drive Melville, NY 11747 Dear Sirs: I refer to the Amendment on Form S-3 to the Registration Statement to which this opinion is an Exhibit being filed by Fonar Corporation, a Delaware corporation (the "Company"), with the Securities and Exchange Commission under the Securities Act of 1933, as amended, relating to 117,000 shares (the "Shares") of the Company's Common Stock to be issued to FINOVA Technology Finance, Inc. ("FINOVA") pursuant to a Purchase Agreement dated May 15, 1996 between the Company and FINOVA (the "Purchase Agreement"). As counsel for the Company, I have examined the originals or photostatic or certified copies of such records, certificates and instruments of the Company, certificates of officers of the Company and of public officials and such other instruments and documents as I have deemed relevant and necessary for the purposes of rendering the opinions set forth below. In such examination, I have assumed the genuineness of all signatures, the authenticity of all documents submitted to me as originals, the conformity to original documents of all documents submitted to me as certified or photostatic copies and the authenticity of the originals of such copies and the correctness of all statements of fact contained therein. Based upon the foregoing, I am of the opinion that the Shares have been duly and validly authorized, and when issued and delivered to FINOVA in accordance with the terms of the Purchase Agreement, will be legally issued, fully paid and non-assessable. I consent to the filing of this opinion as an exhibit to the Registration Statement and to the reference to me in Item 5 of the Registration Statement. Very truly yours, /s/ Henry T. Meyer, Esq. ------------------------ Henry T. Meyer, Esq. General Counsel