Doximity Reaches $31 Million Settlement in Securities Lawsuit

Reuters2025-12-31

Doximity Reaches $31 Million Settlement in Securities Lawsuit

Doximity Inc. and certain company directors and officers have been named as defendants in a securities litigation case pending in the United States District Court for the Northern District of California, titled In re Doximity, Inc. Securities Litigation, No. 5:24-cv-02281. On December 24, 2025, the parties reached an agreement to settle the lawsuit for $31 million, with the entire amount to be covered by insurance. The settlement, which does not involve any admission of liability or wrongdoing, is subject to court approval and other customary conditions. If approved, all claims against Doximity and the named individuals will be dismissed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Doximity Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001516513-25-000114), on December 30, 2025, and is solely responsible for the information contained therein.

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