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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Oddity Tech Ltd. (ODD)

ODDITY Tech Ltd. (ODD) 
Company Research Source: GlobeNewswire
NEW YORK, March 13, 2026 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Oddity Tech Ltd. (“Oddity” or the “Company”) (NASDAQ: ODD) securities between February 26, 2025 and February 24, 2026, inclusive (the “Class Period”). The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) due to an algorithm change by the Company’s largest advertising partner, the Company’s advertisements were being diverted to lower quality auctions at abnormally high costs; (ii) the foregoing significantly increased the Company’s customer acquisition costs, thereby negatively impacting its business and financial prospects; (iii) accordingly, Defendants overstated the overall strength, stability, and sustainability of the Company’s digital opera Show less Read more
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