TMX Newsfile·2026-03-19 22:17Core 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 changed its algorithm, leading to advertisements being diverted to lower quality auctions at higher costs, which significantly increased customer acquisition costs [5]. - Defendants allegedly overstated the strength and sustainability of ODDITY's digital operating model and market position, resulting in materially false and misleading public statements [5]. - Investors are entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Participation Information - Investors who purchased ODDITY securities during the Class Period can join the class action by visiting the provided link or contacting the law firm directly [3][6]. - A lead plaintiff must be appointed by May 11, 2026, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement 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 of dollars for investors [4].