#United States #New York #Semler Scientific #Levi Korsinsky #SMLR

Semler Scientific, Inc. Class Action Overview

In a recent announcement, Levi & Korsinsky, LLP has reached out to investors of Semler Scientific, Inc. (NASDAQ: SMLR) regarding a class action securities lawsuit. The law firm aims to notify potential class members about their rights and responsibilities, particularly emphasizing a crucial deadline for lead plaintiffs set for October 28, 2025. This class action movement is centered on the alleged securities fraud that transpired between March 10, 2021, and April 15, 2025, impacting numerous investors.

Understanding the Allegations

The complaint filed in this case outlines serious allegations against the defendants involved. It asserts that they provided misleading information regarding Semler Scientific's operations and specific company practices related to a material investigation by the United States Department of Justice. The investigation purportedly addressed violations of the False Claims Act, a matter that remains vital in regulatory discussions. The company's public statements during this timeframe are accused of being materially false or misleading, leading to significant investor confusion and potential financial losses.

What Should Investors Do?

For all investors who might have suffered losses during the specified period, gaining insight into the lawsuit is imperative. The announcement clearly states that interested individuals have until October 28, 2025, to express their interest in becoming a lead plaintiff. However, it’s important to note that participating in this lawsuit does not necessitate serving as a lead plaintiff to be eligible for any potential recovery.

Zero Cost Participation

One of the remarkable aspects of this lawsuit is that class members might receive compensation without incurring any personal costs or fees. The law firm emphasizes that there is no obligation or payment required from participants aiming to join the lawsuit. Levi & Korsinsky positions itself as a well-resourced partner for investors, highlighting its 20-year track record in achieving favorable outcomes for those affected by similar securities issues.

Why Levi & Korsinsky?

The firm has established a reputation for being one of the lead players in the field of securities litigation. With a team over 70 strong and a history of successful litigation that has secured hundreds of millions of dollars for disgruntled shareholders, investors can feel confident seeking representation from Levi & Korsinsky. The firm has consistently ranked among the top securities litigation firms in the United States for seven consecutive years according to ISS Securities Class Action Services.

How to Get Involved

Investors looking for further information about the class action can visit Levi & Korsinsky's submission form here. Alternatively, direct inquiries can be made to Joseph E. Levi, Esq. via email or phone.

Conclusion

The potential lawsuit against Semler Scientific, Inc. marks an important moment for affected investors. Keeping track of updates and deadlines will be vital for those who wish to participate. As the October 28th deadline approaches, investors are encouraged to take necessary steps to safeguard their interests in this ongoing litigation.