DOXIMITY SHAREHOLDER ALERT FROM FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors With Losses Exceeding $100,000 of Lead Plaintiff Deadline in Doximity, Inc. Class Action Lawsuit.

NEW ORLEANS, May 11, 2024 /PRNewswire/ — Kahn Swick & Foti, LLC (“KSF”) and KSF Partner, former Attorney General of Louisiana, Charles C. Foti, Jr.remind investors that they have until then June 17, 2024 to file lead plaintiff motions in a securities class action lawsuit against Doximity, Inc. (NYSE: DOCS) if they purchased or otherwise acquired the Company’s shares February 9, 2022And April 1, 2024including (the “Class Period”). This lawsuit is pending in The United States District Court for the Northern District of California.

What you can do

If you have purchased Doximity shares and would like to discuss your legal rights and what impact this case may have on you and your right to compensation for your economic loss, please feel free to contact KSF’s Managing Partner, Lewis, without obligation and at no cost to you Kahn, contact 1-877-515-1850 or email ((email protected)) or visit https://www.ksfcounsel.com/cases/nyse-docs/ to learn more. If you would like to serve as lead plaintiff in this class action lawsuit, you must file a motion with the court by mail June 17, 2024.

About the lawsuit

Doximity and certain of its executives are accused of failing to disclose material information during the Class Period, thereby violating federal securities laws. The allegedly The false and misleading statements and omissions include, but are not limited to, the Company’s repeated touting of its business prospects and the sustainability of its revenue growth and profitability, while simultaneously undermining the impact of competition and tightening macroeconomic conditions due to its reliance on “upselling” products downplayed and services (e.g. additional advertising) to existing customers in order to maintain the company’s performance and its future growth.

The case is Kissler v. Doximity, Inc. et al.24-cv-02281.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr.is one of the nation’s leading boutique securities litigation firms. KSF serves a variety of clients – including public institutional investors, hedge funds, asset managers and retail investors – in obtaining compensation for investment losses caused by companies Fraud or misconduct by listed companies. KSF has offices in new York, Delaware, California, Louisiana And New Jersey.

To learn more about KSF, visit www.ksfcounsel.com.

Contact:
Kahn Swick & Foti, LLC
Lewis KahnManaging Partner
(email protected)
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163

SOURCE Kahn Swick & Foti, LLC