News report 📈 Stocks 🌍 United States ISIN US26622P1075

Doximity Ex-CRO Ordered to Pay $490K SEC Fine Following Insider Trading Case

Former Doximity CRO Paul Jorgensen is ordered to pay $490,000 to the SEC, compounding a prior $2.5 million forfeiture and prison sentence stemming from insider trading on negative earnings data.

📅 September 14, 2026 🕐 1 min read

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📅 Short-term 🌍 US · Explicit

Doximity's ex-CRO faces SEC fine and prior prison sentence for insider trading, highlighting past negative earnings surprises and control issues.

🎯 Key Takeaways

Paul Jorgensen avoided trading losses and generated $2.2 million in profits using nonpublic information.
The SEC judgment follows a parallel criminal case resulting in a 26-month prison term for the former executive.
Jorgensen failed to file mandatory SEC disclosures regarding his stock sales prior to his termination.

📝 Executive Summary

Former Doximity Chief Revenue Officer Paul Jorgensen faces a $490,000 SEC penalty following his guilty plea for insider trading. Jorgensen previously received a 26-month prison sentence and a $2.5 million forfeiture order for trading on nonpublic information regarding the company's underperforming sales and workforce reductions.

❓ FAQ

What led to the SEC action against Paul Jorgensen?

Jorgensen traded Doximity stock based on material nonpublic information regarding lower-than-expected sales and planned workforce reductions ahead of earnings announcements.

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