Rosen Law Firm Investigates Semler Scientific, Inc. for Securities Class Action Claims
Rosen Law Firm Investigates Semler Scientific, Inc.
Rosen Law Firm, a worldwide leader in investor rights, has launched an investigation into possible securities claims on behalf of Semler Scientific, Inc. (NASDAQ: SMLR) shareholders. The firm is looking into allegations that Semler Scientific may have provided materially misleading information about its business to the public, leading to significant investor losses.
Background of the Investigation
On February 28, 2025, after trading hours, Semler Scientific filed its 2024 annual report on Form 10-K with the SEC. This report unveiled critical information, revealing that the company had engaged in initial settlement discussions with the United States Department of Justice (DOJ) regarding potential legal actions but abruptly ceased them on the same day. As a result, there is a considerable risk that the DOJ might file a complaint or intervene in a civil lawsuit citing violations of the False Claims Act, for which Semler Scientific does not believe potential losses can be realistically estimated.
The news of these developments led to a more than 9% drop in Semler Scientific's stock value during trading on the following day, highlighting the potential impact on investors. The Rosen Law Firm encourages affected shareholders to seek further information about joining a prospective class action lawsuit aimed at recovering losses incurred from these misleading statements.
What Investors Need to Know
Investors who purchased Semler Scientific securities may qualify for compensation without having to pay any out-of-pocket expenses through a contingency fee agreement. The Rosen Law Firm is actively preparing a class action suit to recover investors' losses, solidifying their commitment to advocate for those affected by corporate misconduct.
To join the ongoing investigation or for more information, investors are directed to visit the Rosen Law Firm's website or contact Phillip Kim, Esq., toll-free at 866-767-3653. Emails can also be sent to [email protected] for inquiries regarding participation in the class action.
The Importance of Choosing the Right Counsel
An important aspect of this process is selecting experienced counsel. The Rosen Law Firm encourages investors to distinguish between various law firms, as many may not possess adequate resources or experience in litigating securities class actions. Historically, the Rosen Law Firm has established itself as a trustworthy advocate for investors by achieving significant settlements, including a record-breaking agreement against a Chinese corporation. It has consistently ranked among the top firms for securities class action settlements over the years, recovering hundreds of millions of dollars for investors.
In 2019 alone, Rosen Law Firm secured over $438 million for its clients, underlining its accomplishments within the sector. Founding partner Laurence Rosen has also garnered recognition within the legal community, being named a Titan of the Plaintiffs' Bar by Law360 in 2020.
With many of their attorneys recognized by organizations such as Lawdragon and Super Lawyers, the firm’s established track record strengthens their position in representing investors' interests effectively.
Staying Informed
Investors and interested parties can stay updated about the investigation and other important legal developments by following the Rosen Law Firm on social media platforms such as LinkedIn, Twitter, and Facebook. Staying informed will enable investors to take prompt actions regarding their rights and potential claims.
Conclusion
As the investigation unfolds, shareholders of Semler Scientific, Inc. are encouraged to consider their options carefully. Engaging with experienced legal counsel can be a crucial step in safeguarding their investments and pursuing justice for the consequences they may have faced from potential misinformation. As always, it's essential for investors to remain vigilant and proactive about their rights in the marketplace.