San Diego, CA -- (SBWIRE) -- 08/21/2023 -- Doximity, Inc. is under investigation over potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of Doximity, Inc. (NYSE: DOCS), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by Doximity, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Francsico, CA based Doximity, Inc. operates a cloud-based digital platform for medical professionals in the United States.

On August 8, 2023, after the market closed, Doximity, Inc. reported its first quarter 2024 financial results, and revenues and also revised guidance for fiscal 2024. In pertinent part, it announced that it now expects revenue of $452M-$468M versus the prior estimate of $503 million.

Shares of Doximity, Inc. (NYSE: DOCS) declined from $40.12 per share on February 02, 2023, to as low as $23.23 per share on August 14, 2023.

Those who purchased shares of Doximity, Inc. (NYSE: DOCS) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.