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 the Company’s performance and future growth.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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