Semler Scientific(US:SMLR) Globenewswireยท2025-10-06 03:18Core 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 [4][6]. Group 1: Legal Investigation and Claims - The firm is encouraging investors who suffered losses in Semler Scientific to contact them to discuss their legal options [1][9]. - 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 [4][8]. - The complaint alleges that Semler Scientific and its executives made false or misleading statements regarding a material investigation by the DOJ related to the False Claims Act [6][7]. Group 2: Company Performance and Stock Impact - Following the filing of its 2024 annual report on February 28, 2025, which disclosed initial settlement discussions with the DOJ, Semler Scientific's stock fell over 9% on the next trading day [7]. - The annual report indicated that the company does not believe the amount of loss from potential DOJ actions can be reasonably estimated [7]. Group 3: Investor Participation - Any member of the putative class can move the court to serve as lead plaintiff or choose to remain an absent class member, with their ability to share in any recovery unaffected by this decision [8]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding Semler Scientific's conduct [9].