Investors Seek Recovery Amid Class Action Against Semler Scientific, Inc. (SMLR)

Class Action Filed Against Semler Scientific, Inc. (SMLR)

On October 16, 2025, the Gross Law Firm announced a class action lawsuit against Semler Scientific, Inc. (NASDAQ: SMLR), aimed at investors who purchased shares between March 10, 2021, and April 15, 2025. This legal action arises from allegations concerning the company's public disclosures regarding investigations by the U.S. Department of Justice.

Background of the Class Action

The lawsuit accuses Semler Scientific of failing to disclose a significant investigation into potential violations of the False Claims Act. During the class period, the defendants allegedly made materially misleading statements and either omitted crucial information or discussed violations of the law hypothetically. This lack of transparency allegedly led to artificial inflation of the company's stock price, adversely impacting investors who purchased shares during this timeframe.

Importance of Lead Plaintiff

The Gross Law Firm encourages shareholders to reach out to them to potentially be appointed as lead plaintiff in the case. However, it is important to note that such an appointment is not a requirement to participate in any recovery resulting from the lawsuit. This means that even those who do not take on a leadership role can still benefit if they register for the case.

Key Dates and Steps for Investors

Investors who bought shares of SMLR during the class period need to act quickly. The deadline for registering to become a lead plaintiff is October 28, 2025. Interested shareholders should complete their registration as soon as possible to ensure that they are included in any potential recovery process. Once registered, investors will have access to portfolio monitoring software that provides updates on the status of the case’s progression.

Why Choose Gross Law Firm

The Gross Law Firm stands out as a nationally recognized leader in class action lawsuits. They are committed to safeguarding the rights of investors, particularly those impacted by fraudulent activities or corporate misconduct. By prioritizing responsible business practices, they strive to ensure firms adhere to ethical standards and protect their shareholders from financial harm.

In conclusion, the unfolding class action against Semler Scientific, Inc. highlights the importance of vigilance among investors in monitoring their investments and understanding the implications of corporate disclosures. If you believe you are eligible to participate, do not hesitate to contact the Gross Law Firm to explore your options further.

For more information, investors can visit the Gross Law Firm's website or reach out via phone at (646) 453-8903 for any inquiries related to the class action lawsuit.