#United States #Los Angeles #Schall Law Firm #Securities Fraud #Semler Scientific

Investors Encouraged to Join Semler Scientific Class Action Lawsuit

Investors of Semler Scientific, Inc. (NASDAQ: SMLR) are being reminded by the Schall Law Firm, a prominent legal entity specializing in shareholder rights, that they have a unique opportunity to join a class action lawsuit concerning alleged securities fraud. This lawsuit pertains to violations of sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, enforced by the U.S. Securities and Exchange Commission (SEC).

Details of the Class Period

The specific timeframe during which the alleged fraudulent activities took place spans from March 10, 2021, to April 15, 2025. Investors who acquired Semler's securities during this period are strongly encouraged to reach out to Schall Law Firm before the deadline of October 29, 2025. This is crucial for anyone who may have faced financial losses as a result of these alleged fraudulent actions.

By joining this case, investors can potentially recover their financial losses stemming from misstatements made by Semler during the class period. It is important for affected shareholders to act swiftly, as the class has not yet been certified. Therefore, taking the initiative now will provide a better chance of being represented legally.

Underlying Issues in the Complaint

The crux of the complaint highlights that throughout the aforementioned class period, Semler Scientific purportedly made false and misleading public statements. Notably, the company failed to disclose an investigation conducted by the Department of Justice (DOJ) into potential violations of the False Claims Act. Instead, Semler discussed these allegations in ambiguous terms, further compounding the misleading nature of their public disclosures. This lack of transparency resulted in devastating financial impacts on shareholders once the truth was revealed.

Many investors suffered considerable damages when the market became aware of the real circumstances surrounding Semler’s accounting practices and disclosures. Now, as a class member, you stand the chance to take part in the legal pursuit to recover your losses.

How to Get Involved

Investors interested in participating in this lawsuit should consider reaching out to Brian Schall from the Schall Law Firm located at 2049 Century Park East, Suite 2460, Los Angeles, CA 90067. He can be contacted at 310-301-3335 for a fee consultation regarding your legal rights. For more information, you can also visit the firm’s website at www.schallfirm.com or contact them via email at [email protected].

Given the complexities and the severe implications involved with securities law, now is a crucial moment for investors of Semler Scientific to take proactive measures towards their financial recovery. As this case unfolds, continual updates will likely be provided, keeping involved parties informed and engaged.

Conclusion

In summary, if you purchased Semler Scientific's securities during the specified class period and believe you were misled by the company's statements, now is the time to act. The Schall Law Firm is prepared to represent you and advocate for your rights as an investor. Don't miss out on the opportunity to recover your losses; act quickly to ensure your participation in this significant legal case.