PANews reported on May 24 that according to Decrypt, Nasdaq-listed medical technology company Semler Scientific is facing an investigation by a law firm. Bragar Eagel & Squire, PC law firm said it is investigating whether Semler Scientific violated federal securities laws or engaged in other illegal business practices. The law firm urged Semler shareholders who "suffered losses" to contact their lawyers. Semler disclosed another $50 million Bitcoin acquisition this week, bringing the value of its Bitcoin holdings to $466 million.

Earlier news , medical technology company Semler Scientific disclosed that it had reached a preliminary settlement agreement with the U.S. Department of Justice and would pay a fine of US$29.75 million to settle allegations that the marketing of its flagship product QuantaFlo may have violated federal anti-fraud laws.