#United States #New York #Semler Scientific #Faruqi & Faruqi #securities litigation

Faruqi & Faruqi Investigates Semler Scientific

Faruqi & Faruqi, LLP, a renowned national law firm specializing in securities litigation, is currently examining claims made by investors in Semler Scientific, Inc. This investigation highlights the firm's commitment to protecting the interests of shareholders who may have incurred financial losses due to potential misconduct by the company.

Background on Semler Scientific

Semler Scientific, listed on NASDAQ under the ticker SMLR, has been under scrutiny following allegations that it and its executives have violated federal securities laws. Reports suggest that the company may have misled investors regarding an ongoing investigation by the United States Department of Justice (DOJ) connected to violations of the False Claims Act.

On February 28, 2025, after the market closed, Semler disclosed in its annual SEC report that discussions had commenced with the DOJ regarding past claims but also noted that they had ceased; this development raised considerable concern among investors. The disclosure revealed the risk of legal action, which led to a significant drop of over 9% in Semler's stock price the following trading day.

Call to Action for Investors

In light of these events, James (Josh) Wilson, a partner at Faruqi & Faruqi, is urging investors who acquired shares between March 10, 2021, and April 15, 2025, and have faced financial setbacks to contact the firm. Interested investors can reach Wilson directly at a specified contact number or visit the firm's website for additional details on their rights and options concerning this case.

The law firm emphasizes that there is a deadline of October 28, 2025, for investors seeking to assume the role of lead plaintiff in the class action lawsuit against Semler. This lead plaintiff will be chosen based on who has the largest financial stake in the class and the ability to represent other affected parties effectively.

Legal Implications

Faruqi & Faruqi's investigation is vital as it will potentially uncover whether Semler complied with securities laws, ensuring that the rights of investors are upheld. The firm encourages anyone who possesses information related to Semler's activities, including potential whistleblowers, to come forward.

This development serves as a reminder of the risks associated with investments in the stock market and the importance of understanding the legal frameworks protecting investors. Faruqi & Faruqi has built a reputation for securing hundreds of millions of dollars for investors since its inception in 1995, representing numerous legal victories and settlements in the realm of securities litigation.

Conclusion

As this situation develops, affected investors should remain informed about their legal rights and available support channels. For more information about the ongoing investigation and to learn about potential participation in the class action, stakeholders are encouraged to visit Faruqi & Faruqi's website or get in touch via the provided contact methods. Keeping abreast of legal updates on this case will be essential for investors aiming to reclaim their losses and ensure their voices are heard in this critical matter.