Semler Scientific faces False Claims Act investigation, shareholder notice issued.
ByAinvest
Monday, Oct 6, 2025 8:54 am ET1min read
SMLR--
The class action lawsuit, filed by Glancy Prongay & Murray LLP, claims that Semler Scientific failed to disclose a material investigation by the U.S. Department of Justice into violations of the False Claims Act, while discussing possible violations in hypothetical terms [1]. This alleged nondisclosure led to materially misleading statements about the company's business, operations, and prospects [1].
Semler Scientific and its former distributor, Bard Peripheral Vascular Inc., have agreed to reimburse the U.S. government nearly $37 million for allegedly misrepresenting the reimbursability of tests performed using their devices [3]. The settlement resolves allegations that Semler and Bard falsely claimed that tests conducted using the FloChec and QuantaFlo devices were reimbursable by Medicare, causing healthcare providers to submit false claims to Medicare [3].
Investors are advised to contact Glancy Prongay & Murray LLP or Pomerantz LLP to inquire about their rights or interests in this matter [1][2]. The deadline to ask the court to appoint a lead plaintiff is October 28, 2025 [2].
Semler Scientific, Inc. (NASDAQ: SMLR) shareholders who purchased shares between March 10, 2021 and April 15, 2025 may be eligible for a class action lawsuit. The complaint alleges that defendants issued false and/or misleading statements or failed to disclose a material investigation by the US Department of Justice into violations of the False Claims Act.
Semler Scientific, Inc. (NASDAQ: SMLR) shareholders who purchased shares between March 10, 2021 and April 15, 2025 may be eligible for a class action lawsuit. The complaint alleges that defendants issued false and/or misleading statements or failed to disclose a material investigation by the U.S. Department of Justice into violations of the False Claims Act [1].The class action lawsuit, filed by Glancy Prongay & Murray LLP, claims that Semler Scientific failed to disclose a material investigation by the U.S. Department of Justice into violations of the False Claims Act, while discussing possible violations in hypothetical terms [1]. This alleged nondisclosure led to materially misleading statements about the company's business, operations, and prospects [1].
Semler Scientific and its former distributor, Bard Peripheral Vascular Inc., have agreed to reimburse the U.S. government nearly $37 million for allegedly misrepresenting the reimbursability of tests performed using their devices [3]. The settlement resolves allegations that Semler and Bard falsely claimed that tests conducted using the FloChec and QuantaFlo devices were reimbursable by Medicare, causing healthcare providers to submit false claims to Medicare [3].
Investors are advised to contact Glancy Prongay & Murray LLP or Pomerantz LLP to inquire about their rights or interests in this matter [1][2]. The deadline to ask the court to appoint a lead plaintiff is October 28, 2025 [2].
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