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Deadline to Lead in Securities Fraud Lawsuit against ODDITY Tech Ltd. is September 17, 2024 - Contact Kaplan Fox & Kilsheimer LLP

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(&ldquo;ODDITY&rdquo; or the &ldquo;Company&rdquo;) (NASDAQ: ODD) common stock between July 19, 2023 and May 20, 2024 (the &ldquo;Class Period&rdquo;).</p> <p style="text-align: justify;" align="center"><a href="https://www.kaplanfox.com/join-a-case/">CLICK HERE TO JOIN THE CASE</a></p> <p style="text-align: justify;">If you are an investor in ODDITY and have suffered losses, you may <a href="https://www.kaplanfox.com/join-a-case/">click here</a> to contact us. You may also contact Kaplan Fox by emailing <a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a> or by calling (646) 315-9003.</p> <p style="text-align: justify;">DEADLINE REMINDER:&nbsp; If you are a member of the proposed Class, you may move the court no later than September 17, 2024 to serve as a lead plaintiff for the purported class.&nbsp; If you have losses we encourage you to contact us to learn more about the lead plaintiff process.</p> <p style="text-align: justify;">ODDITY operates as an international consumer technology company for the beauty and wellness industries that, according to the complaint, defendants portrayed as a disruptor in the cosmetics industry due to the Company&rsquo;s proprietary AI-driven online platform.</p> <p style="text-align: justify;">On May 21, 2024, a report was published by NINGI Research (&ldquo;Ningi&rdquo;) alleging that the Company &ldquo;completely misled investors about every critical aspect of its business[.]&rdquo;&nbsp; The report also alleges that Ningi talked to former employees who told them that the &ldquo;AI is nothing but a questionnaire.&rdquo;</p> <p style="text-align: justify;">On this news, the price of ODDITY shares fell $3.02 per share, over 7%, from a close price of $40.99 per share on May 20, 2024 to close at $37.97 on May 21, 2024.</p> <p style="text-align: justify;">According to the complaint, 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 the Company&rsquo;s sales; (2) ODDITY&rsquo;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&rsquo;s public statements were materially false and misleading at all relevant times.</p> <p style="text-align: justify;">WHY CONTACT KAPLAN FOX - Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey.&nbsp; With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand.&nbsp; Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients.&nbsp; For more information about Kaplan Fox &amp; Kilsheimer LLP, you may visit our website at <a href="http://www.kaplanfox.com">www.kaplanfox.com</a>.</p> <p style="text-align: justify;">This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.</p> <p style="text-align: justify;">If you have any questions about this investigation, please contact:</p> <p>Pamela A. Mayer<br>KAPLAN FOX &amp; KILSHEIMER LLP<br>800 Third Avenue, 38th Floor<br>New York, New York 10022<br>(646) 315-9003<br>E-mail: <a href="mailto:pmayer@kaplanfox.com">pmayer@kaplanfox.com</a>&nbsp;&nbsp;</p> <p>Laurence D. King<br>KAPLAN FOX &amp; KILSHEIMER LLP<br>1999 Harrison Street, Suite 1560<br>Oakland, California 94612<br>(415) 772-4704<br>Fax: &nbsp;(415) 772-4707<br>E-mail: <a href="mailto:lking@kaplanfox.com">lking@kaplanfox.com</a>&nbsp;</p> <!-- ########################## Contact #############################--> <!-- ########################## END Contact #############################--> <br /><br /> <span class="smallbodytext"> <i>Topic:&nbsp;Press release summary</i> <i><BR>Source: <a href ="http://www.kaplanfox.com" target="_blank">Kaplan Fox & Kilsheimer LLP</a> </i><br> <i>Sectors:&nbsp;<a href="https://www.acnnewswire.com/acn/ReleaseByIndustry/IndustryRelease.aspx?secid=233&lid=0">Legal & Compliance</a></i> <br><i><a href="https://www.acnnewswire.com">https://www.acnnewswire.com</a></i> <BR><i>From the Asia Corporate News Network</i> </span> <BR><br><p class=bodytext><i>Copyright &copy; 2024 ACN Newswire. All rights reserved. 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