Semler Scientific, Inc. INVESTOR ALERT: Kirby McInerney LLP Notifies Semler Scientific, Inc. Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit
Summary
Kirby McInerney LLP has announced a deadline of October 28, 2025, for Semler Scientific, Inc. (NASDAQ: SMLR) investors to seek the role of lead plaintiff in a securities class action lawsuit. The lawsuit concerns allegations that the company made false and misleading statements, specifically failing to disclose a Department of Justice (DOJ) investigation into potential violations of the False Claims Act. The investigation, which began in 2017, related to Semler’s claims for reimbursement concerning the QuantaFlo device. News of the DOJ investigation and subsequent settlement discussions, including a potential $29.75 million settlement, caused significant declines in Semler’s share price – a 9.39% drop on February 28, 2025, and a 9.9% drop on April 15, 2025. The lawsuit covers investors who purchased securities between March 10, 2021, and April 15, 2025, and alleges that investors suffered damages when the true details of the DOJ investigation became public. Investors are encouraged to contact Kirby McInerney LLP to discuss their rights.
(Source:FinancialContent)