WEB Glancy Prongay Murray LLP Reminds Investors of Looming Deadline in Class Action Lawsuit Against Oddity Tech Ltd.
Glancy Prongay Murray LLP GPM reminds investors of the upcoming August 12 2024 deadline to file a lead plaintiff motion in the class
LOS ANGELES July 08 2024 GLOBE NEWSWIRE -- Glancy Prongay Murray LLP GPM reminds investors of the upcoming August 19 2024 deadline to file a lead plaintiff motion in the class.
Glancy Prongay Murray LLP GPM reminds investors of the upcoming November 15 2021 deadline to file a lead plaintiff motion in the.
12 2024 GLOBE NEWSWIRE -- Glancy Prongay Murray LLP GPM reminds investors of the upcoming August 19 2024 deadline to file a lead plaintiff motion in the class action lawsuit filed against Oddity Tech Ltd. The lawsuit was filed on behalf of investors who purchased or otherwise acquired Oddity Tech Ltd. securities between September 11 2021 and November 12 2021 inclusive.
The complaint alleges that throughout the class period Oddity Tech Ltd. made materially false and or misleading statements regarding the Company's business operations and financial prospects. Specifically the complaint alleges that Oddity Tech Ltd. overstated the Company's revenue and profitability and failed to disclose that the Company was experiencing declining demand for its products.
On November 15 2021 Oddity Tech Ltd. announced that its third quarter 2021 financial results would be delayed due to an internal investigation into the Company's accounting practices. The Company also announced that it had received a subpoena from the Securities and Exchange Commission SEC regarding the investigation.
Following this news Oddity Tech Ltd.'s stock price fell by more than 50%. The stock has continued to decline in value since that time.
If you purchased or otherwise acquired Oddity Tech Ltd. securities during the class period you may be eligible to join the class action lawsuit against the Company. The deadline to file a lead plaintiff motion is August 19 2024.
You can contact GPM to discuss the Oddity Tech Ltd. class action lawsuit or to learn more about your rights as an investor. GPM has over 20 years of experience in representing investors in securities litigation and has recovered billions of dollars for its clients.
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