1. A class action lawsuit against Semler Scientific is announced. 2. The lawsuit claims misleading statements regarding a DOJ investigation. 3. Shareholders from March 10, 2021, to April 15, 2025, can participate. 4. The deadline for participation is October 29, 2025. 5. Registration provides status updates on the case's progress.
Historical cases of class action lawsuits typically lead to negative price pressures. For instance, similar lawsuits against companies have often resulted in significant stock declines due to reputational damage.
The significant allegations against Semler could deter investors and impact trading. Legal uncertainty typically reduces investor confidence and may lead to stock declines.
Ongoing legal proceedings can impact stock prices over an extended period, notably through prolonged uncertainties and potential penalties or settlements affecting future profits.
The DJS Law Group reminds investors of a class action lawsuit against Semler Scientific, Inc. ("Semler" or "the Company") (NASDAQ: SMLR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of SMLR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: March 10, 2021 to April 15, 2025
DEADLINE: October 29, 2025
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Semler discussed violations of the False Claims Act in hypothetical terms in communications to shareholders without disclosing a DOJ investigation into such violations. Based on these facts, Semler's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250924244993/en/
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: David@djslawllp.com