TMX Newsfile·2026-03-14 15:13Core Viewpoint - A class action lawsuit has been filed against ODDITY Tech Ltd. for misleading statements regarding its business operations and financial prospects during the Class Period from February 26, 2025, to February 24, 2026 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that ODDITY's largest advertising partner's algorithm change led to advertisements being diverted to lower quality auctions, significantly increasing customer acquisition costs [5]. - Defendants allegedly overstated the strength and sustainability of ODDITY's digital operating model, resulting in materially false and misleading public statements [5]. - Investors reportedly suffered damages when the true details of the situation became public [5]. Group 2: Participation Information - Investors who purchased ODDITY securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must move the Court by May 11, 2026, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest against a Chinese company [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, showcasing its effectiveness in representing clients [4].