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Shareholders of Semler Scientific, Inc. Should Contact The Gross Law Firm Before October 28, 2025 to Discuss Your Rights - SMLR
Prnewswire· 2025-09-29 12:45
Core Viewpoint - The Gross Law Firm has announced a class action lawsuit against Semler Scientific, Inc. (NASDAQ: SMLR) for allegedly issuing materially false and misleading statements during the class period from March 10, 2021, to April 15, 2025, including failing to disclose a significant investigation by the U.S. Department of Justice regarding violations of the False Claims Act [1]. Group 1: Allegations and Class Period - The class period for the lawsuit is defined as March 10, 2021, to April 15, 2025 [1]. - Allegations include that Semler Scientific did not disclose a material investigation by the U.S. Department of Justice into violations of the False Claims Act, while discussing potential violations in hypothetical terms [1]. Group 2: Shareholder Actions - Shareholders who purchased shares of SMLR during the specified class period are encouraged to contact the Gross Law Firm for possible lead plaintiff appointment [1]. - The deadline for shareholders to register for the class action and seek lead plaintiff status is October 28, 2025 [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. Group 3: Firm's Mission and Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions of material information [3].
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Semler Scientific
Markets.Businessinsider.Com· 2025-09-27 12:37
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Semler Scientific, Inc. due to allegations of violations of federal securities laws, particularly concerning undisclosed investigations by the DOJ [2][5]. Group 1: Legal Investigation and Claims - The law firm is encouraging investors who suffered losses in Semler Scientific to contact them for discussions regarding their legal rights [1]. - A federal securities class action has been filed against Semler Scientific, with a deadline of October 28, 2025, for investors to seek the role of lead plaintiff [2]. - The complaint alleges that Semler Scientific and its executives made false or misleading statements and failed to disclose a material investigation by the DOJ related to the False Claims Act [5]. Group 2: Company Financial Impact - Semler Scientific's 2024 annual report revealed that initial settlement discussions with the DOJ began on February 11, 2025, but were ceased on the same day, indicating potential legal risks [6]. - Following the disclosure of the DOJ investigation, Semler Scientific's stock price fell over 9% on the next trading day [6]. Group 3: Whistleblower and Information Gathering - Faruqi & Faruqi, LLP is also seeking information from whistleblowers, former employees, shareholders, and others regarding Semler Scientific's conduct [8].
SEMLER (SMLR) INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation Into Semler Scientific Inc. on Behalf of Semler Stockholders and Encourages Investors to Contact the Firm
Globenewswire· 2025-09-25 20:53
Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Semler Scientific Inc. for possible violations of federal securities laws and unlawful business practices [1][2]. Investigation Details - Semler disclosed in its Form 10-K filed on February 28, 2025, that it received a civil investigative demand from the U.S. Department of Justice (DOJ) in July 2017 regarding reimbursement claims for its QuantaFlo device [2]. - The company has faced multiple requests for information from the DOJ over the years, with significant discussions occurring in February 2025 that did not lead to a settlement [2]. - Following the disclosure of potential legal risks, Semler's stock price fell from $42.92 to $38.89, a decline of $4.03 per share [2]. Next Steps - Investors who purchased Semler shares and experienced losses are encouraged to contact Bragar Eagel & Squire for more information regarding their rights and potential claims [3]. About the Law Firm - Bragar Eagel & Squire, P.C. is a law firm recognized for representing investors in various complex litigations across state and federal courts [4].
Semler Scientific Inc. (SMLR) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-09-25 19:37
Core Viewpoint - Investors in Semler Scientific Inc. have the opportunity to lead a securities fraud class action lawsuit due to undisclosed material investigations by the U.S. Department of Justice [1][2]. Group 1: Lawsuit Details - The lawsuit alleges that from March 10, 2021, to April 15, 2025, Semler failed to disclose a material investigation by the U.S. Department of Justice regarding violations of the False Claims Act [2]. - The complaint states that the defendants made positive statements about the company's business and operations that were materially misleading and lacked a reasonable basis [2]. Group 2: Participation Information - Investors who suffered losses related to Semler Scientific Inc. are encouraged to participate in the ongoing securities fraud lawsuit, with a lead plaintiff deadline set for October 28, 2025 [2]. - Interested parties can contact The Law Offices of Frank R. Cruz for more information or to participate in the lawsuit [3][4].
Digital Asset Treasury Companies: Spotting Winners in Uncharted Terrain – Industry Overview Update
Yahoo Finance· 2025-09-25 14:48
Core Insights - The rise of Digital Asset Treasury (DAT) companies has gained momentum, with numerous firms adopting this strategy across various industries and regions [1] - DAT companies offer regulated, liquid, and transparent access to blockchain-based assets, with notable examples including Strategy Inc, Semler Scientific Inc, and others [2] - Institutional investor interest in DAT strategies is at an all-time high, supported by favorable regulatory developments and diverse financing options [3] Industry Overview - DAT strategies have evolved since Strategy Inc pioneered the model in 2020 by reallocating excess cash into Bitcoin and subsequently issuing shares for further purchases [2] - The current landscape features a variety of asset types across multiple blockchains, indicating a broad adoption of DAT strategies [2] Investment Metrics - A critical metric for evaluating DAT companies is token per share (TPS) growth, which can help investors identify potential opportunities among companies with varying valuations [4] - The report emphasizes the importance of tracking TPS growth as a key indicator of a successful DAT strategy [4]
Shareholders that lost money on Semler Scientific, Inc.(SMLR) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2025-09-25 12:45
Core Points - The Gross Law Firm has issued a notice to shareholders of Semler Scientific, Inc. regarding a class action lawsuit due to allegations of misleading statements and failure to disclose a material investigation by the U.S. Department of Justice [1][2] - The class period for the allegations spans from March 10, 2021, to April 15, 2025, and shareholders are encouraged to register for potential lead plaintiff appointment [1][2] - The deadline for shareholders to seek lead plaintiff status is October 28, 2025, and there is no cost or obligation to participate in the case [2] Allegations - The complaint alleges that Semler Scientific did not disclose a material investigation by the U.S. Department of Justice related to violations of the False Claims Act, while discussing potential violations in hypothetical terms [1] - As a result of these actions, the defendants' public statements were deemed materially false and misleading throughout the relevant period [1] Next Steps for Shareholders - Shareholders who register will be enrolled in a portfolio monitoring software to receive updates on the case's status [2] - The Gross Law Firm emphasizes its commitment to protecting investors' rights and ensuring responsible business practices [3]
SMLR INVESTORS: Kirby McInerney LLP Reminds Semler Scientific, Inc. Investors of Important Deadline in Class Action Lawsuit
Globenewswire· 2025-09-24 22:11
Core Viewpoint - Semler Scientific, Inc. is facing a class action lawsuit due to alleged securities fraud related to undisclosed investigations by the U.S. Department of Justice regarding the QuantaFlo device reimbursement claims [3][5]. Group 1: Company Background - Semler filed its Form 10-K with the SEC on February 28, 2025, revealing an initial civil investigative demand from the DOJ dating back to July 2017 [3]. - The company has received multiple requests for information from the DOJ over the years, with the latest being in April 2023 [3]. Group 2: Financial Impact - Following the disclosure of the DOJ investigation, Semler's share price dropped by $4.03, approximately 9.39%, from $42.92 to $38.89 between February 28 and March 3, 2025 [3]. - After announcing a settlement agreement of $29.75 million on April 15, 2025, Semler's shares fell by $3.40, or about 9.9%, from $34.40 to $31.00 the following day [4]. Group 3: Lawsuit Details - The class action lawsuit is on behalf of investors who purchased Semler securities from March 10, 2021, to April 15, 2025, alleging that the company made false or misleading statements regarding the DOJ investigation [5]. - The lawsuit claims that the company failed to disclose material information about the investigation, leading to investor damages when the truth was revealed [5].
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Semler Scientific
Prnewswire· 2025-09-24 15:20
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Semler Scientific, Inc. due to allegations of violations of federal securities laws, with a deadline for investors to seek lead plaintiff status by October 28, 2025 [2][4]. Group 1: Legal Investigation - The investigation focuses on claims that Semler Scientific and its executives made false or misleading statements and failed to disclose a material investigation by the U.S. Department of Justice regarding violations of the False Claims Act [4]. - The company disclosed in its 2024 annual report that it began initial settlement discussions with the DOJ on February 11, 2025, but ceased those discussions on the same day, indicating a risk of a civil lawsuit [5]. Group 2: Financial Impact - Following the disclosure of the DOJ investigation, Semler Scientific's stock price fell over 9% on the next trading day, reflecting investor concerns about potential legal repercussions [5]. - Investors who suffered losses exceeding $75,000 between March 10, 2021, and April 15, 2025, are encouraged to contact the firm to discuss their legal rights [1].
Semler Scientific, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – SMLR
Businesswire· 2025-09-24 13:56
LOS ANGELES--(BUSINESS WIRE)--Semler Scientific, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – SMLR. ...
Semler Scientific, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – SMLR
Businesswire· 2025-09-24 13:56
LOS ANGELES--(BUSINESS WIRE)--Semler Scientific, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – SMLR. ...