Oddity Tech .(US:ODD) Prnewswire·2026-03-23 05:09Core Viewpoint - Oddity Tech Ltd. is facing a class action lawsuit for securities law violations, specifically for making false and misleading statements regarding its financial prospects and business strength during the class period from February 26, 2025, to February 24, 2026 [2]. Group 1: Lawsuit Details - The lawsuit alleges that an algorithm change by Oddity's largest advertising partner led to advertisements being sent to lower quality auctions at higher costs, significantly increasing acquisition costs [2]. - The company is accused of overstating its financial prospects and business strength to investors, resulting in public statements that were false and materially misleading throughout the class period [2]. Group 2: Shareholder Information - Shareholders who purchased shares of Oddity during the specified class period are encouraged to contact the DJS Law Group regarding possible lead plaintiff appointments, although appointment is not required to partake in any recovery [2]. - The deadline for participation in the lawsuit is set for May 11, 2026 [2].