The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of ODDITY Tech Ltd. (ODD) Shareholders

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of ODDITY Tech Ltd. regarding a class action lawsuit due to alleged misleading statements and practices by the company [1]. Group 1: Class Action Details - The class period for the lawsuit is from July 19, 2023, to May 20, 2024 [3]. - Shareholders who purchased shares during this period are encouraged to register for monitoring and updates on the case [3][4]. - The deadline to seek lead plaintiff status is September 17, 2024, with no cost or obligation to participate [3][5]. Group 2: Allegations Against ODDITY Tech Ltd. - The complaint alleges that ODDITY overstated its AI technology and capabilities, impacting sales [5]. - It is claimed that the company's repeat purchase rates and revenues were partly derived from unsustainable and deceptive sales practices [5]. - The lawsuit also alleges that ODDITY downplayed the severity of ongoing civil litigation against the company and its subsidiaries [5].