ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Semler Scientific, Inc. Investors to Inquire About Securities Class Action Investigation
New York, New York--(Newsfile Corp. - June 8, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Semler Scientific, Inc. (NASDAQ: SMLR) resulting from allegations that Semler Scientific may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Semler Scientific securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=39889 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
WHAT IS THIS ABOUT: After trading hours on February 28, 2025, Semler Scientific filed with the SEC its 2024 annual report on Form 10-K. The annual report disclosed that on February 11, 2025, Semler Scientific 'began initial settlement discussions with DOJ [(the United States Department of Justice)], but ceased initial discussions on that date. Accordingly, there is a risk that DOJ will file a complaint or complaint in intervention in a civil False Claims Act lawsuit seeking damages. [Semler Scientific] does not believe the amount of loss can be reasonably estimated.'
On this news, Semler Scientific's stock fell over 9% on the next trading day.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254754
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CBS News
10 minutes ago
- CBS News
Kevin Hassett says if Senate finds Medicare abuse, then "we would look at it" in Trump bill
Kevin Hassett says if Senate finds Medicare abuse, then "we would look at it" in Trump bill White House National Economic Council director Kevin Hassett said Sunday the Trump administration is not targeting Medicare in its sweeping budget proposal, but signaled the administration would be open to changes if senators uncover fraud or abuse as they look at the bill. "If somebody finds waste, fraud and abuse in Medicare, then of course we would look at it," Hassett said on "Face the Nation with Margaret Brennan." "But there have been a lot of false stories about Medicare being on the table, and it's totally not on the table." Senate Republicans this week are working on the House-passed budget bill, dubbed the "One Big Beautiful Bill" by President Trump, which includes deep tax cuts, border security measures, and changes to Medicaid and food assistance programs. Hassett on Sunday pushed back against the idea that Republicans are targeting Medicare for cuts. "That story that got out last week was covered as our intent to go after Medicare," Hassett said bluntly. "And it was just a big fake news story." National Economic Council director Kevin Hassett on "Face the Nation with Margaret Brennan," June 2, 2025. CBS News Asked whether the administration would revisit the Medicare provision if the Senate identifies abuse, Hassett said they would. "I've seen a massive amount of waste, fraud and abuse in Medicaid, and I've not been briefed on Medicare waste, fraud and abuse. But if they find something then, of course, we would look at it," he said. The nonpartisan Congressional Budget Office estimated earlier this week that the bill will add $2.4 trillion to the national debt over the next decade. Sen. Thom Tillis told Charlotte's WCNC on Thursday that he supports legislation that would address waste in the Medicare Advantage Program. This addition, he said, would not touch beneficiaries but would focus on "eliminating waste, fraud, and abuse of the Medicare Advantage program, including costly government overpayments to insurance companies." To pay for some of Mr. Trump's tax reforms, such as extending his 2017 tax cuts and eliminating tax on tips, there are cuts to several programs. Republicans have insisted they are not cutting Medicaid, and reductions in the low-income entitlement program have become one of the most charged parts of the bill. In a closed-door session with members of the Republican conference days before the bill's passage, sources in the room told CBS News Mr. Trump said, "Don't f*** around with Medicaid." House Republicans passed the bill late last month on a 215–214 vote, sending it to the Senate where GOP leaders are weighing revisions to secure enough votes under budget reconciliation rules. "What we want to see done now is we want the Senate to pass the bill, and then we want the House and Senate to work out their differences," Hassett said. "So right now, the Senate has to get the votes they need to pass the bill, and we're supporting them in that process." Some Republican senators, including Susan Collins of Maine, Lisa Murkowski of Alaska, and Josh Hawley of Missouri, have voiced concerns about Medicaid provisions in the bill, particularly new monthly premium requirements for low-income recipients. Their opposition highlights ongoing uncertainty as Senate GOP leaders work to secure enough votes. The bill can't afford to lose more than four votes in the Senate, granted that all Democrats vote against it. Hawley has called the Medicaid work requirements "both morally wrong and politically suicidal." When asked about Hawley's concerns, Hassett said, "I'd have to go see what he has and talk to him about it. And I also would want to talk to the president about the specific matter. So I can't speak to that one." The administration has repeatedly argued that failure to pass the legislation could hurt the broader economy. "If we don't pass this bill, then we lose 6 to 7 million jobs and 4% GDP," Hassett said Sunday. "If we create the jobs that we have in the bill, then we're going to create a heck of a lot more insurance than what we're talking about in waste, fraud and abuse." Senate Republicans are expected to release their version of the bill in the coming days. If there are significant changes, it will then have to go back to the House for final passage before landing on Mr. Trump's desk.
Bloomberg
19 minutes ago
- Bloomberg
PGA Tour's CEO Finalists Include NFL's Rolapp, Nascar's Phelps
The PGA Tour has narrowed its search for a new chief executive to a list of four finalists that include the National Football League chief media and business officer Brian Rolapp and Nascar Commissioner Steve Phelps, according to people familiar with the matter. Atlanta Falcons owner and Home Depot co-founder Arthur Blank has been leading the search for the CEO, who will be tasked with expanding the tour's for-profit arm called PGA Tour Enterprises. The venture took in a $1.5 billion investment from a consortium that includes Blank, hedge fund billionaire Steve Cohen and Fenway Sports Group.
Bloomberg
24 minutes ago
- Bloomberg
Section 899 Alarms Boardrooms and Businesses, Too
Welcome to CFO Briefing, a newsletter devoted to corporate finance and what leaders need to know. This week, I take a closer look at a controversial tax provision in the House-backed budget bill and its impact on foreign companies and chat with Webtoon CFO David Lee. But first, here's some other news that caught my eye:
