ODD Investors Have Opportunity to Lead Oddity Tech Ltd. Securities Fraud Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Oddity Tech Ltd. for allegedly misleading investors regarding its business operations and financial performance [1][3]. Group 1: Lawsuit Details - The class action is on behalf of all purchasers of Oddity Tech securities between July 19, 2023, and May 20, 2024 [1]. - Shareholders wishing to serve as lead plaintiff must file motions by September 17, 2024 [1][4]. - The lawsuit claims that Oddity overstated its AI technology capabilities and the impact on sales [3]. Group 2: Allegations Against Oddity Tech - Allegations include that Oddity's repeat purchase rates and revenues were derived from unsustainable and deceptive sales practices [3]. - The company allegedly downplayed the severity of ongoing civil litigation against itself and its subsidiaries [3]. - The lawsuit asserts that Oddity's public statements were materially false and misleading throughout the class period [3]. Group 3: Participation Information - Shareholders can join the class action by submitting a form or contacting the Rosen Law Firm [2][4]. - A lead plaintiff represents other class members in directing the litigation, but participation is not required for recovery [4]. - All representation is on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is successful [4].