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Faruqi & Faruqi, LLP is investigating claims against Semler Scientific for allegedly making false and/or misleading statements about a material investigation by the US Department of Justice into violations of the False Claims Act. The company's stock fell 9% after disclosing the investigation in its 2024 annual report. Investors who suffered losses between March 10, 2021, and April 15, 2025, are encouraged to contact Faruqi & Faruqi partner Josh Wilson to discuss their options. The deadline to seek the role of lead plaintiff is October 28, 2025.
Semler Scientific Inc. (NASDAQ: SMLR) is facing a securities fraud class action lawsuit, alleging that the company made false and misleading statements about a material investigation by the U.S. Department of Justice (DOJ) into violations of the False Claims Act. The complaint, filed by the Law Offices of Frank R. Cruz, alleges that Semler failed to disclose the investigation between March 10, 2021, and April 15, 2025, which led investors to purchase the company's securities at artificially inflated prices.
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