Class Action Filed Against Semler Scientific Over Alleged False Claims Act Violations
A class action lawsuit has been filed against Semler Scientific, Inc. (NASDAQ:SMLR) by Bragar Eagel & Squire, P.C. on behalf of investors who purchased or acquired Semler securities between March 10, 2021 and April 15, 2025. The lawsuit alleges that Semler and its executives made materially false and/or misleading statements regarding a DOJ investigation into False Claims Act violations.
Investors have until October 28 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The firm encourages investors who suffered losses to contact Brandon Walker or Marion Passmore directly at (212) 355-4648. The lawsuit is a result of allegations that Semler and its executives misled investors about a Department of Justice investigation into potential False Claims Act violations. The complaint alleges that Semler's stock price fell significantly after the truth about the investigation was revealed, causing investors to suffer losses.
The lawsuit seeks to recover damages for Semler investors who suffered losses as a result of the company's alleged misconduct. If you are an investor who purchased Semler securities during the relevant time period and suffered losses, you may be entitled to compensation. It is important to consult with a legal professional to understand your rights and options.
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