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

Schall, Brown & Schwartz LLP ("SBS"), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Doximity, Inc. ("Doximity" or "the Company") (NYSE: DOCS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of DOCS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: August 8, 2024 to May 13, 2026

DEADLINE: November 16, 2026

According to the Complaint, the Company made false and misleading statements to the market. Doximity overstated the positive impact of its Newsfeed product on revenue growth. The Company's market share suffered based on competitor's favorable pricing and engagement models. The Company relied on banner ads and newsletters to delivery advertisements, despite its claims to investors. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Doximity, investors suffered damages.