Finance

Imminent Deadline Approaching for Investors in Oddity Tech Ltd. Class Action Lawsuit

Published September 14, 2024

Investors in Oddity Tech Ltd. ODD, a Tel Aviv-Jaffa based consumer-tech company known for its innovative presence on a global scale, are facing a significant deadline. Law firm Glancy Prongay & Murray LLP ('GPM') is issuing a reminder concerning the approaching deadline of September 17, 2024, for investors to file a lead plaintiff motion in the class action lawsuit. The lawsuit was filed on behalf of those who purchased or otherwise acquired shares of ODD and thereby suffered financial losses due to alleged company misdoings and misrepresentations.

Details of the Class Action Lawsuit

The class action against Oddity Tech Ltd. encompasses certain allegations that the company may have issued materially misleading business information to the investing public. The lawsuit seeks to recover damages for ODD investors under federal securities laws. As the deadline looms, investors are encouraged to consult with the law firm GPM to discuss their legal rights and options. GPM has extensive experience in prosecuting investor class actions and extensive knowledge of both national and international securities laws.

Last Call for Lead Plaintiff Position

Potential lead plaintiffs have only until September 17, 2024, to petition the court for appointment as the lead plaintiff in the lawsuit. Interested investors who have incurred losses from their investment in Oddity Tech Ltd. ODD are urged not to delay. The position of lead plaintiff has significant responsibilities, including directing the litigation, participating in settlement negotiations, and providing testimony if required. It is not mandatory for class members to act as lead plaintiffs in order to participate in any recovery.

deadline, lawsuit, investors