Oddity Tech .(US:ODD) Globenewswire·2026-03-13 14:47Core Viewpoint - A shareholder class action lawsuit has been filed against ODDITY Tech Ltd. alleging false and misleading statements regarding its business operations and financial prospects [1] Group 1: Allegations in the Lawsuit - The lawsuit claims that an algorithm change by Oddity's largest advertising partner led to advertisements being diverted to lower quality auctions at abnormally high costs [1] - This change significantly increased Oddity's customer acquisition costs, negatively impacting its business and financial outlook [1] - Defendants are accused of overstating the strength, stability, and sustainability of Oddity's digital operating model and market position [1] Group 2: Legal Information - Shareholders who purchased Oddity's shares between February 26, 2025, and February 24, 2026, and experienced significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed lead plaintiff in the case is May 11, 2026 [3] - Holzer & Holzer, LLC is a law firm specializing in shareholder class action and derivative litigation, having recovered hundreds of millions for shareholders affected by corporate misconduct [3]