Press release
Investors who hold shares of Oddity Tech Ltd. (NASDAQ: ODD) Long Term should contact the Shareholders Foundation in connection with Investigation of potential Wrongdoing
An investigation was announced for long-term investors in shares of Oddity Tech Ltd. (NASDAQ: ODD) concerning potential breaches of fiduciary duties by certain directors and officers of Oddity Tech Ltd.Investors who are current long term investors in Oddity Tech Ltd. (NASDAQ: ODD) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: ODD stocks follows a lawsuit filed against Oddity Tech Ltd. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: ODD stocks, concerns whether certain Oddity Tech Ltd. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges that, the Defendants made materially false and/or misleading statements regarding the Company's business, operations, and compliance policies, and/or failed to disclose that Oddity Tech overstated its AI technology and capabilities, and/or the extent to which this technology drove the Company's sales, that Oddity Tech's repeat purchase rates and revenues were, at least in part, derived from unsustainable and deceptive sales and advertising practices, and that Oddity Tech downplayed the true scope and severity of ongoing civil litigation against the Company and/or its subsidiaries.
Those who purchased shares of Oddity Tech Ltd. (NASDAQ: ODD) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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