Rosen Law Firm Urges Oddity Tech Ltd. Investors to Seek Legal Counsel Prior to Securities Class Action Deadline

Rosen Law Firm, a preeminent global investor rights legal firm, has issued a reminder to all those who have invested in the securities of Oddity Tech Ltd., ticker symbol ODD, to consider obtaining legal representation ahead of a crucial deadline. The call to action is significant for investors who purchased ODD securities during the period spanning from July 19, 2023, to May 20, 2024, inclusively referred to as the 'Class Period.' With a fast-approaching deadline on September 17, 2024, potential lead plaintiffs in the class action lawsuit against the consumer-tech company headquartered in Tel Aviv-Jaffa, Israel, are urged to come forward.

Understanding the Class Period Significance

The Class Period is the timeframe during which investors may have been affected by the alleged securities law violations under scrutiny. The lawsuit implicates Oddity Tech Ltd. in potentially failing to disclose to investors vital information that could impact investor decisions and share values. Those who acquired shares in ODD within the Class Period may have done so under misrepresented or incomplete information, giving them the right to participate in the class action to recover their losses.

Next Steps for Oddity Tech Ltd. Investors

Investors holding stakes in ODD who believe they have a valid claim are advised to promptly find legal counsel. The deadline for appointment as lead plaintiff is not a deadline to participate in the class action, but rather a deadline to be appointed as a representative party for the class. Any member of the purported 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. Participating in the lawsuit could potentially result in the recovery of investment losses incurred during the Class Period attributed to the alleged misinformation by Oddity Tech Ltd.

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