NEW YORK, August 14, 2024 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP notifies investors in ODDITY Tech Ltd. (“ODDITY Tech” or the “Company”) (NASDAQ: ODD) in a securities class action lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of ODDITY Tech investors harmed by alleged securities fraud between July 19, 2023 and May 20, 2024. Follow the link below for more information and to be contacted by a member of our team:
STRANGE Investors may also contact Joseph E. Levi, Esq. by email at [email protected] or by phone at (212) 363-7500.
CASE DETAILS: The complaint filed alleges that defendants made false statements and/or failed to disclose that: (i) Oddity exaggerated its AI technology and capabilities and/or the extent to which such technology drove the Company’s revenue; (ii) Oddity’s repurchase rates and revenue were due, at least in part, to 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.
WHAT’S NEXT? If you have suffered a loss with ODDITY Tech during the relevant period, you have until 17 September 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any compensation is not dependent on your serving as lead plaintiff.
NO COST TO YOU: If you are a member of a class action lawsuit, you may be entitled to compensation without incurring any out-of-pocket costs or fees. Participation is free of charge and involves no obligations.
WHY LEVI & KORSINSKY: Over the past 20 years, the Levi & Korsinsky team has recovered hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes litigation. Our firm has extensive experience representing investors in complex securities litigation and a team of over 70 dedicated to serving our clients. For seven consecutive years, Levi & Korsinsky has been ranked as one of the top securities litigation firms in the United States in the ISS Securities Class Action Services Top 50 Report.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th floor
New York, NY 10004
[email protected]
Phone: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
