LOS ANGELES, Aug. 14, 2024 (GLOBE NEWSWIRE) — The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Oddity Tech Ltd. (“Oddity” or “the Company”) (NASDAQ: ODD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Securities and Exchange Commission Rule 10b-5 thereunder.
Investors who purchased securities of the Company between July 19, 2023 and May 20, 2024, inclusive (the “Litigation Period”) are encouraged to contact the Firm before September 17, 2024.
If you are a shareholder who has suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335 to discuss your rights free of charge. You may also contact us through the firm’s website at www.schallfirm.com or by email at [email protected].
The class has not yet been certified in this case, and until certification occurs, you will not be represented by counsel. If you choose not to take action, you may remain as an absent class member.
According to the complaint, the company made false and misleading statements to the market. Oddity exaggerated the extent of its AI capabilities and the way its technology increased revenue. The company’s revenues came from deceptive sales and advertising practices. The company understated the extent of the civil litigation in which it was involved. Based on these facts, the company’s public statements throughout the class action period were false and materially misleading. When the market learned the truth about Oddity, investors suffered harm.
Join the case to recoup your losses.
The Schall Law Firm represents investors throughout the world and specializes in securities class action litigation and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under applicable laws and professional rules.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE:
The Schall Law Firm
