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].
SHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Semler Scientific