Semler Scientific Class Action Lawsuit: An Authoritative and Instructive Investor Guide [2025]

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SEMLER SCIENTIFIC CLASS ACTION LAWSUIT

TIMOTHY L. MILES

(855) TIM-M-LAW (855-846-6529)

(24/7/365)

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Introduction to the Semler Scientific Class Action Lawsuit

A class action lawsuit has been filed on behalf of all persons and entities who purchased or acquired publicly traded securities of Semler Scientific, Inc. (NASDAQ: SMLR) during the “Class Period” of March 10, 2021, to April 15, 2025.
 
The lawsuit, Krishnamoorthy v. Semler Scientific, Inc., et al., charges Semler Scientific and its executives with violations of the Securities Exchange Act of 1934.
 
Key lawsuit information:
 
  • Case Caption: Krishnamoorthy v. Semler Scientific, Inc., No. 25-cv-07303 (N.D. Cal.)
  • Class Period: March 10, 2021 – April 15, 2025
  • Company: Semler Scientific, Inc. (NASDAQ: SMLR)
  • Allegations: The lawsuit alleges that the company and its executives violated the Securities Exchange Act of 1934 by making false and/or misleading statements and/or failing to disclose material facts to investors.
  • Lead Plaintiff Deadline: October 28, 2025.

Understanding Securities Fraud Class Action Lawsuits

Securities fraud class action lawsuits provide a crucial legal mechanism for investors who have suffered financial losses due to corporate malfeasance. These lawsuits arise when a company or its executives engage in deceptive practices that mislead investors about the company’s financial health or prospects. The goal of such litigation is to:
 
  • Hold the perpetrators accountable for their actions.
  • Secure financial compensation for the affected investors.
 
Securities fraud can involve various deceptive activities, such as:
 
  • Insider trading
  • False or misleading financial statements
  • Misleading disclosures that harm market integrity and investor confidence. 
 
The power of the class action mechanism
 
In a class action lawsuit, a group of affected investors collectively sues the defendant, who could be a corporation or its executives. This collective approach is particularly powerful in the securities realm because:
 
  • It allows individual investors, who may not have the resources to pursue litigation alone, to band together and seek justice.
  • The class action mechanism ensures the legal process is efficient and the interests of all affected investors are represented. 
 
Navigating the legal complexities
 
Securities fraud class action lawsuits are complex and require plaintiffs to navigate a labyrinth of legal standards and procedural hurdles. 
 
  • A significant challenge for plaintiffs is surviving a motion to dismiss, a common legal maneuver by defendants to have the case thrown out before it reaches trial.
  • Understanding the specific details and nuances of a case, like the Semler Scientific lawsuit, is crucial for all stakeholders involved as it sets the stage for future strategic decisions.
 

Overview of the Semler Scientific Class Action Lawsuit

The Semler Scientific class action lawsuit revolves around serious allegations of misleading investors. The claim is that the company provided inaccurate or incomplete information regarding its financial status and operations, causing financial losses to investors once the truth was revealed.
 
If proven, these allegations could result in significant legal and financial consequences for the company. Our firm is prepared to analyze the details of the claims, including:
 
  • The allegations that Semler Scientific’s disclosures lacked transparency.
  • Whether there was a deliberate attempt to mislead investors, which could result in punitive measures.
 
A critical reminder for investors
 
  • The Semler Scientific lawsuit serves as a powerful reminder of the risks associated with corporate investments and the vital importance of due diligence.

 

  • This case highlights how transparency and accountability are crucial for maintaining investor trust and confidence in the market. As legal proceedings continue, the findings will underscore the significance of corporate honesty in the financial world.

Allegations in the Semler Scientific Class Action Lawsuit

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If you purchased Semler Scientific stock and suffered a loss call us for a free case evaluation about a Semler Scientific Class Action Lawsuit. (855) 846-6529

Semler Scientific provides technology solutions to enhance the clinical effectiveness and efficiency of healthcare providers.

The Semler Scientific class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose a material investigation by the United States Department of Justice (“DOJ”) into violations of the False Claims Act, while discussing possible violations of the False Claims Act (and aggressive DOJ enforcement thereof) in hypothetical terms.

The Semler Scientific class action lawsuit further alleges that on February 28, 2025, Semler Scientific disclosed that “[i]n July 2017, the Company received an initial civil investigative demand (“CID”) from the U.S. Department of Justice (“DOJ”) pursuant to the federal False Claims Act investigating whether the Company and others may have violated the False Claims Act by marketing tests on devices that use photoplethysmography technology as reimbursable by Medicare in alleged contravention of applicable laws and regulations,” and that “there is a risk that DOJ will file a complaint or complaint in intervention in a civil False Claims Act lawsuit seeking damages.” 

On this news, the price of Semler Scientific stock fell more than 9%, according to the complaint.

Then, on April 15, 2025, Semler Scientific revealed that it “reached agreement in principle on payment of $29.75 million to settle all claims (which amount excludes any potential relator counsel fees that may also be payable),” according to the complaint. 

The Semler Scientific class action lawsuit alleges that on this news, the price of Semler Scientific stock fell nearly 10%.


The Lead Plaintiff Process in the Semler Scientific Class Action Lawsuit

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If you purchased Semler Scientific stock and suffered a loss call us for a free case evaluation about a Semler Scientific Lawsuit. (855) 846-6529
What the PSLRA means for investors
 
Under the Private Securities Litigation Reform Act of 1995 (PSLRA):
 
  • You can still recover even if you are not the lead plaintiff. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff.

 

  • Any investor can seek appointment. Any investor who purchased and suffered losses in Semler Scientific stock may seek appointment as a lead plaintiff in the class action lawsuit.

 

  • Largest financial interest. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the class.

 

  • Directing the lawsuit. A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit and can select a law firm of their choice to litigate the case. 


The Lead Plaintiff Deadline in the Semler Scientific Class Action Lawsuit

Lead plaintiff motions for the Semler Scientific class action lawsuit must be filed with the court no later than October 28, 2025. When a securities class action is filed:

  1. The person who files the first complaint is required to publish a notice announcing the filing.
  2. Anyone who wants to be the lead plaintiff on behalf of the class must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published.


The Benefits of Serving as a Lead Plaintiff in the Semler Scientific Lawsuit

  1. Negotiating more competitive attorney fees and reducing litigation costs.
  2. Managing the litigation by overseeing the progress of the case and reviewing important filings.
  3. Participating in mediation and settlement discussions.
  4. Having a voice in decision-making processes regarding the settlement.
  5. No financial risk, as lead counsel covers all costs and expenses and are paid only if they secure a settlement or judgment recovery for the class
  6. Potentially enjoying long-term benefits from governance reform resulting from the litigation.


The Responsibilities the Lead Plaintiff Will Have in the Semler Scientific Lawsuit

  1. Selecting, monitoring, and overseeing Lead Counsel.​
  2. Reviewing and commenting on court filings on behalf of the class.
  3. Discussing litigation strategies with the Lead Counsel.
  4. Attending depositions (if necessary) and giving a deposition.
  5. Attending hearings (if necessary).
  6. Participating in mediation and the trial (if necessary).
  7. Provide input on any decision concerning the settlement of the securities class action.


The Eligibility Criteria for Lead Plaintiff Appointment in the Semler Scientific Class Action Lawsuit

To be eligible for appointment as the lead plaintiff in the Semler Scientific Class Action Lawsuit, an investor must meet the following criteria:

  • Securities Acquisition: The investor must have purchased or acquired Semler Scientific, Inc. (NASDAQ: SMLR) publicly traded securities between March 10, 2021 and April 15, 2025. 

 

  • Financial Losses: The investor must have suffered financial losses as a direct result of the alleged securities fraud perpetrated by Semler Scientific and its executives.

 

 

It is crucial to note that both domestic and international investors who meet these criteria are eligible to seek appointment as the lead plaintiff in the class action lawsuit, as courts have consistently recognized the rights of non-U.S. investors in securities class actions.

The Legal Requirements for Prevailing in the Semler Scientific Lawsuit

  1. Material Misrepresentation or Omission
  2. Scienter
  3. Connection to Securities Transaction
  4. Reliance
  5. Economic Loss
  6. Loss Causation


Who is Affected by the Semler Scientific Class Action Lawsuit?

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If you purchased Semler Scientific stock and suffered a loss call us for a free case evaluation about a Semler Scientific Lawsuit. (855) 846-6529
This class action lawsuit primarily affects investors who purchased shares of Semler Scientific (SMLR) and suffered losses during the Class Period: March 10, 2021, to April 15, 2025.
 
If you invested in the company during this specific timeframe, you may be a member of the affected class and potentially eligible for compensation.
 
How to determine if you are eligible
 
Identifying whether you are part of the affected group is the first step to understanding your rights. Here’s what you need to know:
 
  • The lawsuit is defined by a specific time frame and set of circumstances.
  • We can help you determine your eligibility and guide you on the next steps to take. 
 
Beyond the investors
 
While the lawsuit directly affects investors, its outcome can also impact other parties connected to Semler Scientific, including:
 
  • Executives and board members
  • Other stakeholders
  • The company’s overall reputation and financial stability
 
Staying informed about the lawsuit’s progress is important for anyone associated with Semler Scientific.

Steps to Take to Protect Your Investment

Gathering and Organizing Relevant Evidence

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If you purchased Semler Scientific stock and suffered a loss call us for a free case evaluation about a Semler Scientific Lawsuit. (855) 846-6529
In a securities class action lawsuit like the one against Semler Scientific, evidence is the cornerstone of building a compelling case. For affected shareholders, gathering and organizing all relevant financial and investment documentation is a crucial first step.
 
 
The evidence will help substantiate claims of corporate misconduct and demonstrate the financial harm you may have suffered.
 
 
What documents do you need?
 
To prepare for the lawsuit, we recommend that you begin compiling the following records:
 
  • Company documents: Gather all press releases, financial statements (like 10-K and 10-Q reports), and analyst reports related to Semler Scientific that you have.

 

  • Your investment history: Meticulously document your investment history with Semler Scientific, including:
    • Dates of all stock purchases and sales
    • The quantities of shares bought or sold
    • The prices of each transaction

 

  • Communications: Compile any emails or other communications that shed light on the alleged wrongdoing.

 

  • Brokerage records: Collect all relevant brokerage statements and confirmation slips.
 
How to organize your records
 
Organizing this evidence will make the process smoother for both you and your legal team.
 
 
  • Start a file: Create a comprehensive file of all relevant documents.
  • Categorize and date: Organize your documents by type and date. This will help your legal counsel easily retrieve and review information.
  • Digital copies: If possible, keep digital copies of all documents in a secure location. 
 
By preparing this documentation, you not only strengthen your individual position but also contribute to the overall strength of the lawsuit. This demonstrates your commitment to actively participating in the litigation process and helps lay a solid foundation for holding the company accountable. 

Staying Informed: Monitoring Case Developments

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If you purchased Semler Scientific stock and suffered a loss call us for a free case evaluation about a Semler Scientific Lawsuit. (855) 846-6529
In a securities class action lawsuit, keeping up with case developments is crucial for shareholders. As the Semler Scientific class action lawsuit moves forward, new information can significantly impact the strategy and potential outcomes.
 
Here’s how to stay informed and well-positioned throughout the process:
 
Rely on communication with your legal team
 
Your attorneys will provide regular updates and analysis of the ongoing proceedings. This communication is essential for:
 
  • Understanding the implications of new information, such as court rulings.

 

  • Assessing the potential risks and benefits of different courses of action.

 

  • Making informed decisions, such as whether to accept a settlement offer.

 

By maintaining an open line of communication, you can remain engaged and proactive.
 
Follow news and market developments
 
 
While your legal team will be your primary source of information, following news sources and industry reports can provide a broader context. This can help you:
 
  • Gain insights into market trends related to Semler Scientific.

 

  • Understand broader regulatory changes that may influence the case.

 

  • Better anticipate shifts in the legal and financial landscape. 

 

 
Knowledge is power
 
In securities class actions, staying informed is a key component of successful participation. By following these steps, you can ensure you are ready to protect your interests and adapt your strategy as the case progresses. 

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Rights of Investors

Investors affected by the Semler Scientific class action lawsuit  possess specific rights that they can exercise. Understanding these rights is vital for anyone considering involvement in the lawsuit.

Right to Information

Investors have the right to receive accurate and timely updates regarding the Semler Scientific lawsuit . This includes information on the case’s progress, potential settlements, and any necessary actions they may need to undertake.

Right to Participate

Affected investors have the right to join the Semler Scientific class action lawsuit. This allows them to collaborate with other investors in seeking compensation for their losses without the burden of filing individual lawsuits.

Right to Legal Representation

Investors can seek legal counsel to navigate the complexities of the Semler Scientific class action lawsuit. Legal professionals can provide guidance and support throughout the process. If you suffered substantial losses and wish to serve as lead plaintiff of the Semler Scientific class action lawsuit, or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected].

Options for Investors

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If you purchased Semler Scientific stock and suffered a loss call us for a free case evaluation about a Semler Scientific Lawsuit. (855) 846-6529

Investors facing losses due to the Semler Scientific class action lawsuit  have several options available to them. Each option carries its own implications and potential outcomes.

Joining the Class Action

One of the most straightforward options for investors is to join the Semler Scientific class action lawsuit . By doing so, they can collectively pursue compensation for their losses without the need for individual litigation.

Filing an Individual Claim

In certain situations, investors may opt to file individual claims instead of joining the Semler Scientific lawsuit . This option may be appropriate for those who believe their losses are significant enough to warrant separate legal action.

Seeking Legal Advice

Consulting with a legal professional experienced in securities law can provide investors with insights into their best course of action. Legal experts can help assess the merits of individual claims versus joining the class action.

The Role of Law Firms

Law firms play a crucial role in the Semler Scientific class action lawsuit. They provide the necessary legal experience and representation for investors seeking to recover their losses.

Selecting a Law Firm

Investors have the option to choose a law firm that practices securities fraud cases. A reputable firm can offer valuable insights and increase the likelihood of a favorable outcome. If you suffered substantial losses and wish to serve as lead plaintiff of the Semler Scientific class action lawsuit, or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected].

Frequently Asked Questions About the Semler Scientific Lawsuit

What initiated the Semler Scientific class action lawsuit?

The lawsuit was initiated by investors alleging that Semler Scientific provided misleading information regarding its financial health and operations, resulting in financial losses.

How can I join the Semler Scientific lawsuit?

If you purchased shares during the class period and suffered a loss, then you are automatically a member of the class and do not need to do anything at this point unless you are considering moving for lead plaintiff.

What are the potential benefits of a Semler Scientific lawsuit?

Class action lawsuits allow individual investors to collectively seek justice and compensation, which might be challenging to pursue individually. They also promote corporate accountability.

How long will the Semler Scientific class action lawsuit take to resolve?

The duration of class action lawsuits can vary significantly, depending on the complexity of the case, legal strategies, and whether settlements are reached. It could take several months to years.

Contact Timothy L. Miles Today About a Semler Scientific Class Action Lawsuit

If you suffered substantial losses and wish to serve as lead plaintiff of the Semler Scientific class action lawsuit, or just have general questions about you rights as a shareholder, please contact attorney Timothy L. Miles of the Law Offices of Timothy L. Miles, at no cost, by calling 855/846-6529 or via e-mail at [email protected]. (24/7/365).

Timothy L. Miles, Esq.
Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
300 Centerview Dr. #247
Mailbox #1091
Brentwood,TN 37027
Phone: (855) Tim-MLaw (855-846-6529)
Email: [email protected]
Website: www.classactionlawyertn.com

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SUBMIT YOUR INFORMATION

SEMLER SCIENTIFIC CLASS ACTION LAWSUIT

TIMOTHY L. MILES

(855) TIM-M-LAW (855-846-6529)

(24/7/365)