DEADLINE NEXT WEEK: Berger Montague Advises Oddity Tech (NASDAQ: ODD) Investors to Contact the Firm Before September 17, 2024

Core Viewpoint - A lawsuit has been filed against Oddity Tech Ltd. for allegedly misleading investors regarding its AI technology, sales practices, and ongoing litigation issues [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Oddity securities between July 19, 2023, and May 20, 2024 [1]. - Investors can seek to be appointed as lead plaintiff representative by September 17, 2024 [2]. Group 2: Allegations Against Oddity - The complaint claims that Oddity overstated its AI technology and its impact on sales [3]. - It is alleged that Oddity's revenue was partly derived from unsustainable sales practices [3]. - The company reportedly downplayed the severity of ongoing civil litigation against itself and its subsidiaries [3]. Group 3: Impact of NINGI Research Report - A report from NINGI Research accused Oddity of misleading investors about critical business aspects, including the nature of its AI technology [4]. - The report claimed that Oddity's repeat purchase rates were due to customers entering non-cancelable plans unknowingly [4]. - Following the report, Oddity's share price dropped by $3.02 (7.37%) to close at $37.97 on May 21, 2024, and continued to decline by an additional $1.30 (3.42%) over the next two trading sessions [4].