Faruqi & Faruqi, LLP Investigates Claims for Semler Scientific Investors as Deadline Approaches

Overview

Faruqi & Faruqi, LLP, a renowned name in the world of securities law, has initiated an investigation concerning potential claims on behalf of investors in Semler Scientific, Inc. (NASDAQ: SMLR). This legal firm is well-recognized for championing the rights of investors, having successfully recovered substantial amounts over its years of operation. As a federal securities class action evolves, investors who faced losses exceeding $75,000 between March 10, 2021, and April 15, 2025, are urged to evaluate their options. The deadline for becoming the lead plaintiff in this case looms on October 28, 2025, introducing a sense of urgency for affected investors.

Allegations Against Semler Scientific

As reported, the investigation centers on allegations that Semler Scientific and its executives may have violated federal securities laws. The complaints highlight serious concerns that the Company misled investors regarding several foundational issues. Critical among these concerns is the failure to disclose an ongoing investigation by the United States Department of Justice (DOJ). Instead of being transparent, Semler executives discussed potential violations of the False Claims Act without acknowledging the significant implications of the DOJ's inquiries and the risks surrounding them.

Initially, Semler Scientific submitted its 2024 annual report on Form 10-K, marking a pivotal moment in this unfolding story. The report divulged that Semler had commenced but then abruptly halted initial settlement discussions with the DOJ. Such discussions are crucial, especially as they signal the potential for upcoming regulatory actions against the Company. Investors understandably reacted unfavorably to this news, resulting in a stock price drop exceeding 9% in the following trading session.

Legal Rights and Options for Investors

In light of the serious allegations and the looming deadline, Faruqi & Faruqi encourages affected investors to consider their legal rights. Engaging legal counsel could significantly help in navigating this complex situation, particularly for individuals looking to apply for the role of lead plaintiff. A lead plaintiff is typically the investor holding the largest financial interest in the case, tasked with overseeing the litigation process. Conversely, investors who elect not to take on this role can still participate in any potential recovery.

Individuals possessing further information regarding Semler Scientific’s dealings have been urged to reach out to Faruqi & Faruqi. This includes whistleblowers, former employees, and shareholders who might have insights into the Company's internal conduct. The law firm has made it clear that all communications will be handled confidentially, showcasing its commitment to privacy and ethical legal handling.

How to Participate

Investors looking for guidance on these developments can easily access further information online. The firm’s dedicated website provides a portal through which affected individuals can learn more about their rights and explore the possibility of joining the class action brought against Semler Scientific. For immediate assistance, they may also reach out directly to Joshua Wilson, a senior partner at Faruqi & Faruqi, via phone.

This investigation by Faruqi & Faruqi serves as a critical reminder of the importance of transparency and accountability in securities markets. As deadlines approach, the pressing need for investors to understand their legal options becomes ever more vital. In the intricate landscape of securities litigation, having the right legal representation can make all the difference.

Conclusion

As the situation develops, those invested in Semler Scientific must remain vigilant and proactive. The allegations against the Company reflect significant legal concerns that may influence its future performance. Faruqi & Faruqi stand ready to fight for the rights of Semler’s investors as they navigate this urgent and significant moment.

For more detailed information, investors are encouraged to visit Faruqi & Faruqi's official site or contact them directly. The window of opportunity to partake in legal action is undeniably narrowing, so prompt action will be crucial for affected investors.