Important Update for Semler Scientific, Inc. Shareholders
Key Information for Semler Scientific, Inc. Investors
Levi & Korsinsky, LLP has reached out to investors regarding a significant class action lawsuit linked to Semler Scientific, Inc. This alert serves as a reminder for those invested in the company to be aware of the upcoming lead plaintiff deadline.
Understanding the Class Action Lawsuit
This lawsuit aims to recover losses for shareholders impacted by alleged securities fraud within Semler Scientific. The period of concern is from March 10, 2021, to April 15, 2025. Investors who held shares during these dates may have experienced losses potentially related to misleading statements made by the company.
Case Background
As detailed in the filed complaint, there are claims suggesting that Semler Scientific did not adequately disclose a significant investigation by the U.S. Department of Justice, which raised questions about compliance with the False Claims Act. This lack of disclosure, while the company discussed compliance in hypothetical terms, has led to allegations that the public statements made during that time were not truthful and could have misled investors.
Key Dates and Actions for Investors
If you are among the investors who faced losses during this specified timeframe, it is crucial to note that the deadline to request appointment as lead plaintiff is October 28, 2025. This deadline is a critical date for those wishing to take an active role in the lawsuit; however, it is important to remember that involvement as a lead plaintiff is not necessary to share in any recovery.
No Costs or Obligations
For individuals who are classified as class members within this lawsuit, there is often the potential for compensation without incurring out-of-pocket costs. Participation does not involve any fees, ensuring accessibility for all eligible investors.
Why Choose Levi & Korsinsky?
Levi & Korsinsky boasts over two decades of experience in securing significant settlements for shareholders and has a well-established reputation in handling complex securities litigation. With a team of more than 70 legal professionals, the firm ranks consistently among the top firms in securities litigation in the country, making them a reliable choice for investors looking to claim their rights.
Contact Information
Investors interested in more details regarding their potential claims are encouraged to reach out directly. Contact Joseph E. Levi, Esq. via telephone at (212) 363-7500 for assistance and to explore options available to shareholders of Semler Scientific, Inc. Moreover, Ed Korsinsky, Esq. is also available for inquiries, reinforcing the firm’s commitment to providing expert legal support to its clients.
Frequently Asked Questions
What is the deadline for becoming a lead plaintiff in the lawsuit?
The deadline to request appointment as lead plaintiff is October 28, 2025.
What is the goal of the class action lawsuit against Semler Scientific?
The lawsuit aims to recover losses for investors who suffered as a result of alleged securities fraud committed by Semler Scientific.
Are there any costs to participate in the lawsuit?
No, there are typically no out-of-pocket costs for investors who are part of the class action.
Who can I contact for more information?
Investors can contact Joseph E. Levi, Esq. or Ed Korsinsky, Esq. at Levi & Korsinsky for detailed information regarding the lawsuit.
Why is it important for investors to act quickly?
Acting swiftly is crucial to ensure that investors secure their rights and potentially benefit from any recovery, as missing the lead plaintiff deadline could hinder participation in the lawsuit.
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