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Investor Alert: Faruqi & Faruqi Investigates Claims on Behalf of Semler Scientific Investors
ByAinvest
Tuesday, Sep 2, 2025 1:26 pm ET1min read
Faruqi & Faruqi, a securities law firm, is investigating potential claims against Semler Scientific, alleging that the company and its executives made false and/or misleading statements and/or failed to disclose material investigations by the United States Department of Justice into violations of the False Claims Act. Investors who suffered losses exceeding $75,000 in Semler Scientific between March 10, 2021, and April 15, 2025, are encouraged to contact Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). The deadline to seek the role of lead plaintiff is October 28, 2025.
Semler Scientific, Inc. (NASDAQ: SMLR) is facing a class action lawsuit alleging that the company and its executives made false and/or misleading statements and/or failed to disclose material investigations by the United States Department of Justice (DOJ) into violations of the False Claims Act. The lawsuit, filed in the United States District Court for the Northern District of California, seeks damages on behalf of investors who purchased Semler Scientific securities between March 10, 2021, and April 15, 2025 [1].The complaint alleges that Semler Scientific did not disclose a material investigation by the DOJ into potential False Claims Act violations, while discussing such violations in hypothetical terms. This alleged failure to disclose material information led to investors suffering damages when the true details became public [2].
The lawsuit was filed by Gainey McKenna & Egleston, a law firm representing investors who purchased Semler Scientific securities during the specified period. Investors are encouraged to contact the firm before the October 28, 2025, lead plaintiff motion deadline [1]. Another law firm, Bronstein, Gewirtz & Grossman, LLC, has also notified investors about the class action lawsuit and the opportunity to lead it [3].
Investors who suffered losses exceeding $75,000 in Semler Scientific are urged to contact Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their rights and potential recovery. The deadline to seek the role of lead plaintiff is October 28, 2025 [1].
This lawsuit is part of a growing trend of securities class actions targeting companies accused of hiding material information from investors. As of now, more than 600 companies are facing securities class action lawsuits, with over 100 already paying settlements [2].
References:
[1] https://www.morningstar.com/news/globe-newswire/9521821/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-semler-scientific-inc-smlr
[2] https://www.tradingview.com/news/11thestate:6801915b0094b:0-shareholders-filed-a-lawsuit-against-semler-scientific-for-concealing-doj-investigation/
[3] https://www.morningstar.com/news/globe-newswire/9521771/smlr-investor-alert-bronstein-gewirtz-grossman-llc-announces-that-semler-scientific-inc-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit
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