Deep Tide TechFlow news, on May 24, reported by Decrypt, the Nasdaq-listed medical technology company Semler Scientific recently announced that it has purchased an additional $50 million worth of Bitcoin, bringing its Bitcoin holdings to 4,264 coins, valued at approximately $466 million at current prices.
At the same time, the American law firm Bragar Eagel & Squire is investigating whether the company has violated federal securities laws or engaged in other illegal business practices, and is urging shareholders who have suffered losses to contact their attorneys.
Semler Scientific disclosed in February this year that the U.S. Department of Justice may file a legal lawsuit against its business. The Department of Justice has been conducting a civil investigation into the company’s reimbursement applications since 2017 and has issued multiple follow-up requests in 2019, 2021, 2022, and 2023. Recently, both parties attempted to reach a settlement but were unsuccessful.
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