Philadelphia, Pennsylvania–(Newsfile Corp. – April 18, 2024) – Current Doximity, Inc. NYSE: DOCS shareholders who have held Doximity shares since prior to February 9, 2022, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. Visit https://grabarlaw.com/the-latest/doximity-shareholder-investigation/ to learn more.

According to a recently filed securities fraud class action complaint, Doximity, via certain of its officers and directors, made materially false and/or misleading statements as well as failed to disclose material adverse facts about the Company’s business and operations by repeatedly touting the Company’s business prospects and the sustainability of the Company’s revenue growth and profitability while downplaying (1) the impact of competition and tightening macroeconomic conditions on the Company and (2) Doximity’s reliance on “upselling” products and services (such as additional advertising) to existing customers to sustain the Company’s performance and future growth.

Current longer-term Doximity shareholders who have held Doximity shares since prior to February 9, 2022, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever.

If you would like to learn more about this matter, you are encouraged to visit https://grabarlaw.com/the-latest/doximity-shareholder-investigation/, contact Joshua Grabar at jgrabar@grabarlaw.com, or call 267-507-6085.

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Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/206104