DOXIMITY SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES OVER $100,000 OF LEAD PLAINTIFF DEADLINES IN CLASS ACTION AGAINST DOXIMITY, INC. – DOCS

DOXIMITY SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES OVER $100,000 OF LEAD PLAINTIFF DEADLINES IN CLASS ACTION AGAINST DOXIMITY, INC. – DOCS

DOXIMITY SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES OVER $100,000 OF LEAD PLAINTIFF DEADLINES IN CLASS ACTION AGAINST DOXIMITY, INC. – DOCS

Source: PR Newswire

NEW ORLEANS, May 24, 2024

NEW ORLEANS, May 24, 2024 /PRNewswire/ — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Louisiana Attorney General Charles C. Foti, Jr., remind investors that they have until 17 June 2024 to file lead plaintiff motions in a class action lawsuit against Doximity, Inc. (NYSE: DOCS) if they purchased or otherwise acquired the Company’s stock between February 9, 2022 and April 1, 2024, inclusive (the “Class Period”). This action is pending in the U.S. District Court for the Northern District of California.

What you can do

If you purchased Doximity stock and would like to discuss your legal rights, how this case affects you and your right to recover your economic loss, you may contact KSF Managing Partner Lewis Kahn, without obligation and at no cost, toll-free at 1-877-515-1850 or by email ([email protected]) or visit https://www.ksfcounsel.com/cases/nyse-docs/ to learn more. If you wish to serve as lead plaintiff in this class action, you must move the Court by 17 June 2024.

About the lawsuit

Doximity and certain of its executives are accused of failing to disclose material information during the Class Period, in violation of federal securities laws. The alleged false and misleading statements and omissions include, among other things, that the company repeatedly touted its business prospects and the sustainability of its revenue growth and profitability, while downplaying the impact of competition and tightening macroeconomic conditions on its reliance on “upselling” products and services (such as additional advertising) to existing customers to maintain the company’s performance and 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 wide range of clients – including public institutional investors, hedge funds, asset managers and individual investors – in recovering investment losses resulting from corporate fraud or abuse of authority by publicly traded companies. KSF maintains 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 Kahn, Managing Partner
[email protected]
1-877-515-1850
1100 Poydras St., Suite 960
New Orleans, LA 70163

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