DOCS Investors Have Opportunity to Lead Doximity, Inc. Securities Fraud Lawsuit

15.06.24 15:30 Uhr

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NEW YORK, June 15, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Doximty, Inc. (NYSE: DOCS) between February 9, 2022 and April 1, 2024, both dates inclusive (the "Class Period"). Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by June 17, 2024.

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For more information, and to join the Doximity, Inc. class action, go to https://rosenlegal.com/submit-form/?case_id=18273 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com.

The Rosen Law Firm is investigating allegations that Doximity, Inc. (DOCS) misled investors regarding its business operations.

According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements, as well as failed to disclose material adverse facts, about Doximity's business and operations. Specifically, defendants repeatedly touted Doximity's business prospects and the sustainability of Doximity's revenue growth and profitability, while downplaying the impact of competition and tightening macroeconomic conditions on Doximity and Doximity's reliance on "upselling" products and services (such as additional advertising) to existing customers to sustain Doximity's performance and future growth. When the true details entered the market, the lawsuit claims that investors suffered damages.

What Now: You may be eligible to participate in the class action against Doximity, Inc. The deadline to file a motion to be appointed as lead plaintiff is June 17, 2024. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, go to https://rosenlegal.com/submit-form/?case_id=18273.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

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
case@rosenlegal.com
www.rosenlegal.com

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SOURCE THE ROSEN LAW FIRM, P. A.

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