Investors Notified of Lead Plaintiff Deadline in Oddity Tech Ltd. Class Action Lawsuit

In a significant update for investors, Kahn Swick & Foti, LLC (KSF), together with its partner, the former Louisiana Attorney General, Charles C., has issued a reminder for shareholders who have experienced losses exceeding $100,000. The alert pertains to the lead plaintiff deadline in a class action lawsuit against Oddity Tech Ltd. ODD, a Tel Aviv-Jaffa based global consumer-tech company.

Details of the Class Action Lawsuit

The announcement from New Orleans dated July 30, 2024, highlights the approaching deadline for designated lead plaintiffs who wish to represent the class in the lawsuit against ODD. Investors who have suffered significant losses are encouraged to participate actively to potentially recover their investments. The class action seeks to address potential violations of federal securities laws, which may have resulted in damages to investors.

The Impact on Oddity Tech Ltd. and Its Shareholders

As a company listed on the NASDAQ, Oddity Tech Ltd. ODD has recently come under scrutiny over possible misrepresentations to shareholders. The class action lawsuit aims to hold the company accountable for any misleading information that might have adversely affected stock prices, leading to substantial losses for investors. Affected shareholders are urged to come forward before the plaintiff deadline to ensure their rights are protected in this developing legal case.

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