Oddity Tech .(US:ODD) GlobeNewswire News Roomยท2024-09-16 17:00Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Oddity Tech Ltd. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - The class period for the lawsuit is from July 19, 2023, to May 20, 2024, and the lead plaintiff deadline is September 17, 2024 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by the specified deadline to serve as lead plaintiff [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [3]. Group 3: Allegations Against Oddity Tech - The lawsuit alleges that Oddity made false and misleading statements regarding its AI technology and sales capabilities [4]. - It is claimed that Oddity's revenue was partly derived from unsustainable and deceptive sales practices [4]. - The company allegedly downplayed the severity of ongoing civil litigation against itself and its subsidiaries, leading to materially false public statements [4].