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INVESTIGATION ALERT: Edelson Lechtzin LLP Announces Investigation Of Semler Scientific, Inc. (NASDAQ: SMLR) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
SMLRSemler Scientific(SMLR) Prnewswire·2025-06-05 02:53

Company Overview - Semler Scientific, Inc. is a healthcare technology company focused on developing and marketing products for the early detection and management of chronic diseases, particularly through its flagship vascular testing device, QuantaFlo [3]. Allegations and Impact - On February 28, 2025, Semler filed its 2024 annual report with the SEC, revealing that the Department of Justice was considering a False Claims Act complaint regarding insurance reimbursement claims related to the QuantaFlo testing device [4]. - Following this disclosure, Semler's stock price dropped by 4.03pershare,representingadeclineof9.44.03 per share, representing a decline of 9.4%, closing at 38.89 per share on March 3, 2025 [4]. Legal Investigation - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Semler, stemming from allegations of providing potentially misleading business information to investors [1].