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CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Oddity Tech (NASDAQ: ODD) Investors to Inquire About a Securities Fraud Class Action by September 17, 2024 - ODDITY Tech (NASDAQ:ODD)
PHILADELPHIA, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Berger Montague PC announces that a class action lawsuit was 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") ODD securities. If you suffered losses as a result of your investment in Oddity ODD and would like to learn about a potential recovery, CLICK HERE. The lawsuit has been filed against Oddity on behalf of purchasers of Oddity securities between July 19, 2023 and May 20, 2024, inclusive (the "Class Period"). The deadline for Investors who purchased or acquired ODDITY securities during the Class Period to seek to be appointed as a lead plaintiff representative of the class, is September 17, 2024. Headquartered in Tel Aviv, Israel, Oddity describes itself as "a consumer tech platform that is built to transform the global beauty and wellness market." The Company purports to serve customers worldwide through its AI-driven online platform to identify consumer needs, as well as develop solutions in the form of beauty and wellness products. According to the lawsuit, on May 21, 2024, NINGI Research published a report alleging that Oddity "completely misled investors about every critical aspect of its business[.]" In particular, the Ningi Report alleged that it "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"; 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." On this news, Oddity's share price fell $3.02 per share, or 7.37%, to close at $37.97 per share on May 21, 2024. It continued to decline by an additional $1.30 per share, or 3.42%, over the following two consecutive trading sessions. For additional information or to learn how to participate in this litigation, please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Peter Hamner at [email protected] or (215) 875-3048, or CLICK HERE. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Communicating with any counsel is not necessary to participate or share in any recovery achieved in this case. Any member of the purported class may move the Court to serve as a lead plaintiff through counsel of his/her choice, or may choose to do nothing and remain an inactive class member. Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco and Chicago, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States. Contacts: Andrew Abramowitz, Senior Counsel Berger Montague PC (215) 875-3015 [email protected] Peter Hamner Berger Montague PC (215) 875-3048 [email protected] Market News and Data brought to you by Benzinga APIs
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CLASS ACTION DEADLINE APPROACHING: Berger Montague Advises Oddity Tech (NASDAQ: ODD) Investors to Inquire About a Securities Fraud Class Action by September 17, 2024 By Investing.com
PHILADELPHIA, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Berger Montague PC announces that a class action lawsuit was 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. If you suffered losses as a result of your investment in Oddity (NASDAQ: ODD) and would like to learn about a potential recovery, CLICK HERE. The lawsuit has been filed against Oddity on behalf of purchasers of Oddity securities between July 19, 2023 and May 20, 2024, inclusive (the Class Period). The deadline for Investors who purchased or acquired ODDITY securities during the Class Period to seek to be appointed as a lead plaintiff representative of the class, is September 17, 2024. Headquartered in Tel Aviv, Israel, Oddity describes itself as a consumer tech platform that is built to transform the global beauty and wellness market. The Company purports to serve customers worldwide through its AI-driven online platform to identify consumer needs, as well as develop solutions in the form of beauty and wellness products. According to the lawsuit, on May 21, 2024, NINGI Research published a report alleging that Oddity completely misled investors about every critical aspect of its business[.] In particular, the Ningi Report alleged that it 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; 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. On this news, Oddity's share price fell $3.02 per share, or 7.37%, to close at $37.97 per share on May 21, 2024. It continued to decline by an additional $1.30 per share, or 3.42%, over the following two consecutive trading sessions. For additional information or to learn how to participate in this litigation, please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Peter Hamner at [email protected] or (215) 875-3048, or CLICK HERE. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. Communicating with any counsel is not necessary to participate or share in any recovery achieved in this case. Any member of the purported class may move the Court to serve as a lead plaintiff through counsel of his/her choice, or may choose to do nothing and remain an inactive class member. Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco and Chicago, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
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Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Oddity Tech Ltd. (ODD) - ODDITY Tech (NASDAQ:ODD)
LOS ANGELES, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming September 17, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Oddity Tech Ltd. ("Oddity" or the "Company") ODD securities between July 19, 2023 and May 20, 2024, inclusive (the "Class Period"). 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 [email protected] 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 request appointment as lead plaintiff in this putative class action lawsuit. To be a member of the class action 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 action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, 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 [email protected], 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. Contacts Glancy Prongay & Murray LLP, Los Angeles Charles Linehan, 310-201-9150 or 888-773-9224 [email protected] www.glancylaw.com Market News and Data brought to you by Benzinga APIs
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Faruqi & Faruqi Reminds Oddity Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of September 17, 2024 - ODD - ODDITY Tech (NASDAQ:ODD)
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Oddity To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 investing in Oddity stock or options between July 19, 2023 and May 20, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Oddity Tech Ltd. ("Oddity" or the "Company") ODD and reminds investors of the September 17, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recovered hundreds of millions of dollars for investors since its founding in 1995. See www.faruqilaw.com. As detailed below, the complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing 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. On May 21, 2024, NINGI Research ("Ningi") published a report (the "Ningi 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. The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class who is adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. Your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. Faruqi & Faruqi, LLP also encourages anyone with information regarding Sonder's conduct to contact the firm, including whistleblowers, former employees, shareholders and others. To learn more about the Oddity class action, go to www.faruqilaw.com/ODD or call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). Follow us for updates on LinkedIn, on X, or on Facebook. Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner. Market News and Data brought to you by Benzinga APIs
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Multiple law firms are urging Oddity Tech Ltd. investors to join a securities fraud class action lawsuit before the September 17, 2024 deadline. The lawsuit alleges violations of federal securities laws and material misrepresentations by the company.

Investors of Oddity Tech Ltd. (NASDAQ: ODD) are facing an approaching deadline to join a securities fraud class action lawsuit. Multiple law firms, including Berger Montague, Glancy Prongay & Murray LLP, and Faruqi & Faruqi, LLP, are advising shareholders who purchased or acquired Oddity securities between July 18, 2023, and January 8, 2024, to inquire about their legal rights and options
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.The lawsuit alleges that Oddity Tech and certain of its officers violated federal securities laws by making materially false and misleading statements and failing to disclose important information to investors
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. Specifically, the complaint asserts that:3
.The deadline for Oddity Tech investors to file a lead plaintiff motion is September 17, 2024. Shareholders who wish to serve as lead plaintiff must move the Court no later than this date
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. The lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.Related Stories
Investors who suffered substantial losses and wish to serve as lead plaintiff are encouraged to contact the law firms mentioned. These firms are offering free case evaluations to affected shareholders. The class action lawsuit seeks to recover damages for Oddity investors under the federal securities laws
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.Oddity Tech Ltd. is a consumer tech company operating in the beauty and wellness industry. The company is known for its flagship brand, IL MAKIAGE, and its data-driven approach to product development and marketing. The lawsuit's allegations have raised concerns about the company's financial reporting and internal controls, potentially impacting investor confidence
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