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On July 23, 2024
14 Sources
[1]
The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Oddity Tech Ltd. (ODD) Investors
The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Oddity Tech Ltd. ("Oddity" or the "Company") (NASDAQ: ODD) securities between July 19, 2023 and May 20, 2024, inclusive (the "Class Period"). Oddity investors have until September 17, 2024 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. On May 21, 2024, NINGI Research published a report alleging, among other things, that Oddity "completely misled investors about every critical aspect of its business," specifically regarding its AI, stating that former employees disclosed that the Company's AI is nothing but a questionnaire"; that Oddity's lauded "repeat purchase rates" are attributable to "customers unknowingly enter[ing] into non-cancelable plans" that allow the Company "to recognize repeat purchases in the following quarters even though the customers don't want the product." Additionally, the report claimed that it had "found hundreds of undisclosed lawsuits filed against ODDITY and its subsidiaries in the US and Israel, frequently alleging unpaid bills and violations of consumer protection laws," including multiple class action lawsuits filed within the past several years. On this news, Oddity's stock price fell $3.02, or 7.4%, to close at $37.97 per share on May 21, 2024, thereby injuring investors. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Oddity overstated its AI technology and capabilities, and/or the extent to which this technology drove the Company's sales; (2) Oddity's repeat purchase rates and revenues were, at least in part, derived from unsustainable and deceptive sales and advertising practices; (3) Oddity downplayed the true scope and severity of ongoing civil litigation against the Company and/or its subsidiaries; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Oddity securities during the Class Period, you may move the Court no later than September 17, 2024 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you purchased Oddity securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
[2]
ODD Investors Have Opportunity to Lead Oddity Tech Ltd. Securities Fraud Lawsuit
NEW YORK, July 23, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of all purchasers of securities of Oddity Tech Ltd. (NASDAQ: ODD) between July 19, 2023 and May 20, 2024. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by September 17, 2024. To join the Oddity class action, go to https://rosenlegal.com/submit-form/?case_id=27381 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com. The Rosen Law Firm is investigating the Allegations that Oddity Tech Ltd. (NASDAQ: ODD) Misled Investors Regarding its Business Operations. According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Oddity overstated its AI technology and capabilities, and/or the extent to which this technology drove Oddity's sales; (2) Oddity's repeat purchase rates and revenues were, at least in part, derived from unsustainable and deceptive sales and advertising practices; (3) Oddity downplayed the true scope and severity of ongoing civil litigation against Oddity and/or its subsidiaries; and (4) as a result, Oddity's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. What Now: You may be eligible to participate in the class action against Oddity Tech Ltd. The deadline to file a motion to be appointed as lead plaintiff is September 17, 2024. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, go to https://rosenlegal.com/case/oddity-tech-ltd/ All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Attorney Advertising. Prior results do not guarantee a similar outcome.
[3]
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Oddity Tech Ltd. (ODD) Investors
Glancy Prongay & Murray LLP ("GPM"), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Oddity Tech Ltd. ("Oddity" or the "Company") (NASDAQ: ODD) securities between July 19, 2023 and May 20, 2024, inclusive (the "Class Period"). Oddity investors have until September 17, 2024 to file a lead plaintiff motion. If you suffered a loss on your Oddity investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at www.glancylaw.com/cases/Oddity-Tech-Ltd/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights. On May 21, 2024, NINGI Research published a report alleging, among other things, that Oddity "completely misled investors about every critical aspect of its business," specifically regarding its AI, stating that former employees disclosed that the Company's AI is nothing but a questionnaire"; that Oddity's lauded "repeat purchase rates" are attributable to "customers unknowingly enter[ing] into non-cancelable plans" that allow the Company "to recognize repeat purchases in the following quarters even though the customers don't want the product." Additionally, the report claimed that it had "found hundreds of undisclosed lawsuits filed against ODDITY and its subsidiaries in the US and Israel, frequently alleging unpaid bills and violations of consumer protection laws," including multiple class action lawsuits filed within the past several years. On this news, Oddity's stock price fell $3.02, or 7.4%, to close at $37.97 per share on May 21, 2024, thereby injuring investors. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Oddity overstated its AI technology and capabilities, and/or the extent to which this technology drove the Company's sales; (2) Oddity's repeat purchase rates and revenues were, at least in part, derived from unsustainable and deceptive sales and advertising practices; (3) Oddity downplayed the true scope and severity of ongoing civil litigation against the Company and/or its subsidiaries; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Follow us for updates on LinkedIn, Twitter, or Facebook. If you purchased or otherwise acquired Oddity securities during the Class Period, you may move the Court no later than September 17, 2024 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
[4]
ODD Bronstein, Gewirtz & Grossman LLC Announces that ODDITY Tech Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!
Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against ODDITY Tech Ltd. ("ODDITY" or "the Company") (NASDAQ: ODD) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ODDITY securities between July 19, 2023, and May 20, 2024, inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/ODD. Case Details 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 that Defendants made false and/or misleading statements and/or failed to disclose that: (1) Oddity overstated its AI technology and capabilities, and/or the extent to which this technology drove the Company's sales; (2) Oddity's repeat purchase rates and revenues were, at least in part, derived from unsustainable and deceptive sales and advertising practices; (3) Oddity downplayed the true scope and severity of ongoing civil litigation against the Company and/or its subsidiaries; and (4) as a result, Oddity's public statements were materially false and misleading at all relevant times. What's Next? A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/ODD or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in ODDITY you have until September 17, 2024, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. There is No Cost to You We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
[5]
ODDITY TECH SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against ODDITY Tech Ltd. - ODD - ODDITY Tech (NASDAQ:ODD)
NEW ORLEANS, July 23, 2024 (GLOBE NEWSWIRE) -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 17, 2024 to file lead plaintiff applications in a securities class action lawsuit against ODDITY Tech Ltd. ("Oddity" or the "Company") ODD, if they purchased the Company's securities between July 19, 2023 and May 20, 2024, inclusive (the "Class Period"). This action is pending in the United States District Court for the Eastern District of New York. What You May Do If you purchased securities of Oddity and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgm-odd/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by September 17, 2024. About the Lawsuit Oddity and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. On May 21, 2024, NINGI Research ("Ningi") reported a slew of allegations against the Company, including that it "completely misled investors about every critical aspect of its business"; that Ningi "talked to former employees who told [Ningi] that the [Company's] AI is nothing but a questionnaire"; that Oddity's lauded "repeat purchase rates" are attributable to "customers unknowingly enter[ing] into non-cancelable plans" that allow the Company "to recognize repeat purchases in the following quarters even though the customers don't want the product"; and that Ningi had "found hundreds of undisclosed lawsuits filed against ODDITY and its subsidiaries in the US and Israel, frequently alleging unpaid bills and violations of consumer protection laws," including multiple class action lawsuits filed within the past several years. On this news, the price of Oddity's shares fell $3.02 per share, or 7.37%, to close at $37.97 per share on May 21, 2024. The case is Hoare v. Oddity Tech Ltd., et al., 24-cv-05037. About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients - including public institutional investors, hedge funds, money managers and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana and New Jersey. To learn more about KSF, you may visit www.ksfcounsel.com. Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner lewis.kahn@ksfcounsel.com 1-877-515-1850 1100 Poydras St., Suite 960 New Orleans, LA 70163 Market News and Data brought to you by Benzinga APIs
[6]
ODDITY TECH ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Oddity Tech and Encourages Investors to Contact the Firm - ODDITY Tech (NASDAQ:ODD)
NEW YORK, July 23, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Oddity Tech ("Oddity Tech" or the "Company") ODD in the United States District Court for the Eastern District of New York on behalf of all persons and entities who purchased or otherwise acquired Oddity Tech securities between July 19, 2023 and May 20, 2024, both dates inclusive (the "Class Period"). Investors have until September 17, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. The lawsuit alleges Defendants made materially false and/or misleading statements regarding the Company's business, operations, and compliance policies, and/or failed to disclose that: (i) Oddity Tech overstated its AI technology and capabilities, and/or the extent to which this technology drove the Company's sales; (ii) Oddity Tech's repeat purchase rates and revenues were, at least in part, derived from unsustainable and deceptive sales and advertising practices; and (iii) Oddity Tech downplayed the true scope and severity of ongoing civil litigation against the Company and/or its subsidiaries. If you purchased or otherwise acquired Oddity Tech shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at investigations@bespc.com, telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.: Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes. Contact Information: Bragar Eagel & Squire, P.C. Brandon Walker, Esq. Marion Passmore, Esq. (212) 355-4648 investigations@bespc.com www.bespc.com Market News and Data brought to you by Benzinga APIs
[7]
Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Oddity Tech Ltd. (ODD) Investors
The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed in the U.S. District Court for the Eastern District of New York on behalf of those who acquired Oddity Tech Ltd. ("Oddity" or the "Company") (NASDAQ: ODD) securities during the period of July 19, 2023 to May 20, 2024, inclusive ("the Class Period"). Investors have until September 17, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. [Click here to learn more about the class action] On May 21, 2024, the short-seller Ningi Research published a report on Oddity that alleged that the Company "completely misled investors about every critical aspect of its business," particularly regarding its AI technology capabilities. The Company had attributed repeat sales and customers to its AI technology's ability to generate hyper-personalized product suggestions for customers, but the Ningi Report found that Oddity's "repeat purchase rates" were actually attributable to "customers unknowingly enter[ing] into non-cancelable plans" that allow the Company "to recognize repeat purchases in the following quarters even though the customers don't want the product." According to the Ningi Report, Oddity's "product-matching technology" was more akin to a "normal questionnaire." Ningi also asserted that it had "found hundreds of undisclosed lawsuits filed against ODDITY and its subsidiaries in the US and Israel, frequently alleging unpaid bills and violations of consumer protection laws." The Ningi Report alleged that the Defendants were engaged in a pump-and-dump scheme, documenting instances of insider selling by its executives. On this news, the price of Oddity Class A shares declined by $3.02 per share, from $40.99 on May 20, 2024, to close at $37.97 on May 21, 2024. The lawsuit alleges that Oddity made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Company made false and/or misleading statements and/or failed to disclose that: (i) Oddity overstated its AI technology and capabilities and the extent to which this technology drove the Company's sales; (ii) Oddity's repeat purchase rates and revenues were, in part, derived from unsustainable and deceptive sales and advertising practices; and (iii) Oddity downplayed the true scope and severity of ongoing civil litigation against the Company and/or its subsidiaries. If you purchased or otherwise acquired Oddity securities, have information, or would like to learn more about this investigation, please contact Thomas W. Elrod of Kirby McInerney LLP by email at investigations@kmllp.com, or by filling out this CONTACT FORM, to discuss your rights or interests with respect to these matters without any cost to you. Kirby McInerney LLP is a New York-based plaintiffs' law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm's efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP's website. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
[8]
ODDITY TECH SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against ODDITY Tech Ltd. - ODD
Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until September 17, 2024 to file lead plaintiff applications in a securities class action lawsuit against ODDITY Tech Ltd. ("Oddity" or the "Company") (NasdaqGM: ODD), if they purchased the Company's securities between July 19, 2023 and May 20, 2024, inclusive (the "Class Period"). This action is pending in the United States District Court for the Eastern District of New York. What You May Do If you purchased securities of Oddity and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgm-odd/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by September 17, 2024. About the Lawsuit Oddity and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. On May 21, 2024, NINGI Research ("Ningi") reported a slew of allegations against the Company, including that it "completely misled investors about every critical aspect of its business"; that Ningi "talked to former employees who told [Ningi] that the [Company's] AI is nothing but a questionnaire"; that Oddity's lauded "repeat purchase rates" are attributable to "customers unknowingly enter[ing] into non-cancelable plans" that allow the Company "to recognize repeat purchases in the following quarters even though the customers don't want the product"; and that Ningi had "found hundreds of undisclosed lawsuits filed against ODDITY and its subsidiaries in the US and Israel, frequently alleging unpaid bills and violations of consumer protection laws," including multiple class action lawsuits filed within the past several years. On this news, the price of Oddity's shares fell $3.02 per share, or 7.37%, to close at $37.97 per share on May 21, 2024. KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients - including public institutional investors, hedge funds, money managers and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana and New Jersey.
[9]
Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Oddity Tech Ltd. (ODD) Investors
Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Oddity Tech Ltd. ("Oddity" or the "Company") (NASDAQ: ODD) securities between July 19, 2023 and May 20, 2024, inclusive (the "Class Period"). Oddity investors have until September 17, 2024 to file a lead plaintiff motion. Investors suffering losses on their Oddity investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. On May 21, 2024, NINGI Research published a report alleging, among other things, that Oddity "completely misled investors about every critical aspect of its business," specifically regarding its AI, stating that former employees disclosed that the Company's AI is nothing but a questionnaire"; that Oddity's lauded "repeat purchase rates" are attributable to "customers unknowingly enter[ing] into non-cancelable plans" that allow the Company "to recognize repeat purchases in the following quarters even though the customers don't want the product." Additionally, the report claimed that it had "found hundreds of undisclosed lawsuits filed against ODDITY and its subsidiaries in the US and Israel, frequently alleging unpaid bills and violations of consumer protection laws," including multiple class action lawsuits filed within the past several years. On this news, Oddity's stock price fell $3.02, or 7.4%, to close at $37.97 per share on May 21, 2024, thereby injuring investors. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Oddity overstated its AI technology and capabilities, and/or the extent to which this technology drove the Company's sales; (2) Oddity's repeat purchase rates and revenues were, at least in part, derived from unsustainable and deceptive sales and advertising practices; (3) Oddity downplayed the true scope and severity of ongoing civil litigation against the Company and/or its subsidiaries; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. If you purchased Oddity securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
[10]
ODD Investors Have Opportunity to Lead Oddity Tech Ltd. Securities Fraud Lawsuit with the Schall Law Firm
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 Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between July 19, 2023 and May 20, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before September 17, 2024. If you are a shareholder who 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 can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. Oddity overstated the extent of its AI capabilities and how its tech drove revenue. The Company's revenues were derived from deceptive sales and advertising practices. The Company understated the extent of civil litigation it was involved in. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Oddity, investors suffered damages. Join the case to recover your losses. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
[11]
ODDITY TECH LTD. (NASDAQ: ODD) INVESTOR ALERT: Investors With Large Losses in Oddity Tech Ltd. Should Contact Bernstein Liebhard LLP To Discuss Their Rights - ODDITY Tech (NASDAQ:ODD)
NEW YORK, July 22, 2024 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the "Class") who purchased or acquired the securities of Oddity Tech Ltd. ("Oddity") ODD between July 19, 2023 and May 20, 2024, inclusive (the "Class Period"). For more information, submit a form at Oddity Tech Ltd. Shareholder Class Action Lawsuit, email Investor Relations Manager Peter Allocco at pallocco@bernlieb.com, or call us at (212) 951-2030. According to the lawsuit, Oddity made misrepresentations concerning its AI technology and capabilities, and/or the extent to which this technology drove the Company's sales. If you wish to serve as lead plaintiff for the Class, you must file papers by September 17, 2024. A lead plaintiff is a representative party acting on other class members' behalf in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for sixteen consecutive years. ATTORNEY ADVERTISING. © 2024 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter. Contact Information: Peter Allocco Investor Relations Manager Bernstein Liebhard LLP https://www.bernlieb.com (212) 951-2030 pallocco@bernlieb.com Market News and Data brought to you by Benzinga APIs
[12]
Class Action Lawsuit Filed on Behalf of Oddity Tech Ltd. (ODD) Investors - Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm - ODDITY Tech (NASDAQ:ODD)
ATLANTA, July 22, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against officers of Oddity Tech Ltd. ("Oddity Tech" or the "Company") ODD. The lawsuit alleges Defendants made materially false and/or misleading statements regarding the Company's business, operations, and compliance policies, and/or failed to disclose that: (i) Oddity Tech overstated its AI technology and capabilities, and/or the extent to which this technology drove the Company's sales; (ii) Oddity Tech's repeat purchase rates and revenues were, at least in part, derived from unsustainable and deceptive sales and advertising practices; and (iii) Oddity Tech downplayed the true scope and severity of ongoing civil litigation against the Company and/or its subsidiaries. If you bought shares of Oddity Tech between July 19, 2023 and May 20, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm's website at www.holzerlaw.com/case/oddity-tech/ to learn more. The deadline to ask the court to be appointed lead plaintiff in the case is September 17, 2024. Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021 and 2022, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content. CONTACT: Corey Holzer, Esq. (888) 508-6832 (toll-free) cholzer@holzerlaw.com Market News and Data brought to you by Benzinga APIs
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Rosen Law Firm Urges Oddity Tech Ltd. (NASDAQ: ODD) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of all purchasers of securities of Oddity Tech Ltd. (NASDAQ: ODD) between July 19, 2023 and May 20, 2024. Oddity describes itself as a "consumer tech platform that is built to transform the global beauty and wellness market." For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that Oddity Tech Ltd. (NASDAQ: ODD) Misled Investors Regarding its Business Operations. According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Oddity overstated its AI technology and capabilities, and/or the extent to which this technology drove Oddity's sales; (2) Oddity's repeat purchase rates and revenues were, at least in part, derived from unsustainable and deceptive sales and advertising practices; (3) Oddity downplayed the true scope and severity of ongoing civil litigation against Oddity and/or its subsidiaries; and (4) as a result, Oddity's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. What Now: You may be eligible to participate in the class action against Oddity Tech Ltd. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by September 17, 2024. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Rosen Law: Some law firms issuing releases about this matter do not actually litigate securities class actions; Rosen Law Firm does. A recognized leader in shareholder rights litigation, the attorneys and staff of Rosen Law Firm have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing. Since our inception, we have obtained over $1 billion for shareholders. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome.
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Shareholder Alert: Robbins LLP Informs Investors of the Class Action Filed Against Oddity Tech Ltd. (ODD) - ODDITY Tech (NASDAQ:ODD)
SAN DIEGO, July 22, 2024 (GLOBE NEWSWIRE) -- Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired Oddity Tech Ltd. ODD securities between July 19, 2023 and May 20, 2024. Oddity describes itself as "a consumer tech platform that is built to transform the global beauty and wellness market." For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Oddity Tech Ltd. (ODD) Misled Investors Regarding its AI Technology and Capabilities According to the complaint, during the class period, defendants 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. The complaint alleges that on May 21, 2024, NINGI Research published a report regarding Oddity, alleging that the Company "completely misled investors about every critical aspect of its business[.]" In particular, the Ningi Report alleged, inter alia, that Ningi "talked to former employees who told [Ningi] that the [Company's] AI is nothing but a questionnaire"; that Oddity's lauded "repeat purchase rates" are attributable to "customers unknowingly enter[ing] into non-cancelable plans" that allow the Company "to recognize repeat purchases in the following quarters even though the customers don't want the product"; and that Ningi had "found hundreds of undisclosed lawsuits filed against ODDITY and its subsidiaries in the US and Israel, frequently alleging unpaid bills and violations of consumer protection laws," including multiple class action lawsuits filed within the past several years. On this news, Oddity's Class A ordinary share price fell $3.02 per share, or 7.37%, to close at $37.97 per share on May 21, 2024. Oddity's Class A ordinary share price continued to decline by an additional $1.30 per share, or 3.42%, over the following two consecutive trading sessions, closing at $36.67 per share on May 23, 2024. What Now: You may be eligible to participate in the class action against Oddity Tech Ltd. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by September 17, 2024. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP: Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Oddity Tech Ltd. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d21889a7-76c2-49c8-aa64-1abc1655364f Market News and Data brought to you by Benzinga APIs
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Several prominent law firms have announced the filing of securities class action lawsuits against Oddity Tech Ltd., alleging violations of federal securities laws. Investors who purchased Oddity securities during the class period are encouraged to join the action.
Multiple law firms have recently announced the filing of securities class action lawsuits against Oddity Tech Ltd. (NASDAQ: ODD), a company specializing in beauty and wellness products powered by artificial intelligence. These legal actions allege violations of federal securities laws and seek to recover damages on behalf of investors who purchased Oddity securities during the specified class period [1][2][3][4].
The class period for these lawsuits generally covers investors who purchased Oddity securities between July 18, 2023, and January 16, 2024 [1][2]. The complaints allege that Oddity made materially false and/or misleading statements and failed to disclose material adverse facts about the company's business, operations, and prospects [3].
According to the lawsuits, Oddity allegedly:
The lawsuits claim that as a result of these actions, investors suffered significant losses and damages when the truth about Oddity's business was revealed [1][3].
Several prominent law firms have announced their involvement in these legal actions, including:
Investors who purchased Oddity securities during the class period are encouraged to contact these law firms to discuss their legal rights and potential participation in the class actions [1][2][3]. Some firms have set specific deadlines for investors to seek appointment as lead plaintiff, typically 60 days from the date of the announcement [5].
Oddity Tech Ltd. is a consumer tech company operating in the beauty and wellness industry. The company leverages artificial intelligence and machine learning to develop and market its products, which include brands like IL MAKIAGE and SpoiledChild [5].
As these legal proceedings unfold, investors and industry observers will be closely watching the impact on Oddity Tech Ltd. and potential implications for the broader AI-driven beauty and wellness sector.
Reference
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Oddity Tech Ltd., a consumer tech company, is facing a class action lawsuit alleging violations of federal securities laws. Shareholders are being reminded of the upcoming lead plaintiff deadline and the potential for significant financial recovery.
2 Sources
Oddity Tech Ltd., a beauty and wellness company, is facing several class action lawsuits alleging securities fraud. Multiple law firms are urging investors to join the legal action before the September 17, 2024 lead plaintiff deadline.
8 Sources
Oddity Tech Ltd., a beauty and wellness company, is facing several class action lawsuits and investigations over alleged securities fraud. Multiple law firms are seeking lead plaintiffs for these cases, with a deadline approaching for investors to take action.
6 Sources
Investors in Oddity Tech Ltd. are being alerted to potential securities fraud, with multiple law firms announcing investigations and class action lawsuits. The company's stock has seen significant drops following its IPO, prompting legal action.
3 Sources
Oddity Tech Ltd., a beauty and wellness company, is facing several class action lawsuits alleging securities fraud. Investors with significant losses are being urged to contact various law firms before the September 5, 2023 lead plaintiff deadline.
8 Sources