Portnoy Law Firm Announces Class Action on Behalf of Semler Scientific, Inc. Investors

Core Viewpoint - Semler Scientific, Inc. is facing a class action lawsuit related to securities purchased between March 10, 2021, and April 15, 2025, with a deadline for lead plaintiff motion set for October 28, 2025 [1] Group 1 - Semler disclosed a risk of a potential complaint from the U.S. Department of Justice regarding a civil False Claims Act lawsuit, which could seek damages [3] - The company received an initial civil investigative demand from the DOJ in July 2017 concerning claims for reimbursement related to its QuantaFlo device [3] - Following the announcement of unsuccessful settlement discussions with the DOJ in February 2025, Semler's stock price dropped by $4.03 per share, or 9.4%, closing at $38.89 on March 3, 2025 [3] Group 2 - The Portnoy Law Firm is representing investors in claims related to corporate wrongdoing and has a history of recovering over $5.5 billion for investors [4]