Semler Scientific(US:SMLR) Prnewswire·2025-10-09 22:55Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Semler Scientific, Inc. due to alleged violations of federal securities laws, particularly concerning undisclosed investigations by the DOJ and misleading public statements [1][2]. Group 1: Legal Investigation and Claims - The firm is encouraging investors who suffered losses in Semler Scientific between March 10, 2021, and April 15, 2025, to discuss 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 [1][4]. - The complaint alleges that Semler Scientific and its executives failed to disclose a material investigation by the DOJ regarding violations of the False Claims Act [2]. Group 2: Financial Impact and Stock Performance - 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 risks of a civil lawsuit [3]. - Following the disclosure of the DOJ investigation, Semler Scientific's stock fell over 9% on the next trading day [3]. Group 3: Participation and Whistleblower Information - Any member of the putative class can move the court to serve as lead plaintiff or remain an absent class member, with no impact on their ability to share in any recovery [4]. - The firm encourages whistleblowers, former employees, and shareholders with information regarding Semler Scientific's conduct to come forward [4].