Investor Alert: Deadline Approaching in Doximity, Inc. Class Action Lawsuit

LOS ANGELES, May 01, 2024 – As the June 17, 2024 deadline draws near, Glancy Prongay & Murray LLP ('GPM') is issuing a reminder to investors regarding the class action lawsuit against Doximity, Inc. DOCS. This legal action pertains to individuals and entities who acquired shares of Doximity during a specific period and may have been affected by alleged company misstatements and omissions.

Understanding the Class Action Against Doximity, Inc.

The lawsuit alleges that Doximity made false and misleading statements to the market. These assertions involve the operations and business prospects of Doximity, potentially causing harm to the company's investors. The class action seeks to represent a class consisting of all persons and entities that acquired Doximity DOCS shares within the relevant timeframe.

Investors Encouraged to Participate as Lead Plaintiff

GPM is calling on investors who suffered losses on their Doximity investments to consider filing a lead plaintiff motion before the June 17, 2024 deadline. The position of lead plaintiff in a securities class action is typically held by a larger investor or group of investors who are representative of the class's interests. Applying for this role does not require any commitment to serve as a litigant, nor does it impede a class member's ability to share in any potential recovery.

Investors in Doximity who wish to participate in this lawsuit or have inquiries regarding their legal rights, the lead plaintiff process, or related matters are encouraged to contact GPM to learn more about their options. Participation in the lawsuit could potentially lead to a recovery of financial losses caused by the alleged corporate misconduct.

Further Information for Affected Investors

Those who acquired Doximity DOCS shares and feel their investment may be impacted by the alleged corporate misdeeds have a limited time to act. It is important for potential class members to stay informed and consider their options for legal recourse. As the lawsuit progresses, GPM will continue to provide updates and guidance on the necessary steps for involved investors.

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