Recent Security Class Actions

ODDITY Tech Ltd. Class A Ordinary Shares (NASDAQ: ODD)

Company Name:ODDITY Tech Ltd. Class A Ordinary Shares
Stock Symbol:NASDAQ: ODD
Class Period Start:07/19/2023
Class Period End (inclusive):05/20/2024
Filing Deadline:09/17/2024

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Complaint alleges Defendants made false and/or misleading statements and/or failed to disclose that: (i) Oddity overstated its AI technology and capabilities, and/or the extent to which this technology drove the Company's sales; (ii) Oddity's repeat purchase rates and revenues were, at least in part, derived from unsustainable and deceptive sales and advertising practices; (iii) Oddity downplayed the true scope and severity of ongoing civil litigation against the Company and/or its subsidiaries; and (iv) as a result, Oddity's public statements were materially false and misleading at all relevant times.