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News  ›  GlobeNewswire Inc.

SMLR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Semler Scientific, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Bronstein, Gewirtz & Grossman Llc
SMLR INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Semler Scientific, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

A class action lawsuit has been filed against Semler Scientific, alleging the company failed to disclose a material Department of Justice investigation into potential false Claims Act violations during the period of March 10, 2021 to April 15, 2025.

Insights
GLNCY   negative

Lowered 2025 production guidance and experienced 17% production decline year-to-date due to lower grades and water restrictions


SMLR   negative

The lawsuit alleges the company made materially false or misleading statements by not disclosing a significant DOJ investigation, which suggests potential legal and financial risks for the company