Class action filed against ODDITY Tech Ltd. alleging investor harm

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Bronstein, Gewirtz & Grossman, LLC announced that it has filed a class action lawsuit against ODDITY Tech Ltd. (NASDAQ: ODD) and certain of its officers, alleging violations of the federal securities laws.

The lawsuit seeks damages on behalf of investors who purchased or otherwise acquired Oddity securities between February 26, 2025 and February 24, 2026, inclusive (the “Class Period”). Investors are encouraged to review the complaint at bgandg.com/ODD.

Allegations in the complaint

The complaint alleges that, during the Class Period, the defendants made materially false and misleading statements and/or failed to disclose material adverse facts regarding the company’s business, operations, and prospects.

Specifically, the complaint alleges that the defendants failed to disclose that:

After an algorithm change by the company’s largest advertising partner, the company’s advertisements were diverted to lower-quality auctions at abnormally high costs.
As a result, the company’s customer acquisition costs increased significantly, negatively impacting its business and financial prospects.
Defendants therefore overstated the strength, stability, and sustainability of the company’s digital operating model and market position.
As a result of the foregoing, the defendants’ public statements were materially false and misleading at all relevant times.

What happens next for investors

A class action lawsuit has been filed. The firm states that investors who wish to review the complaint can do so at bgandg.com/ODD or by contacting Peretz Bronstein, Esq. or Nathan Miller, Client Relations Manager, at 917-590-0911.

The firm also states that investors who suffered a loss in Oddity have until May 11, 2026 to request that the court appoint them as lead plaintiff. It notes that an investor’s ability to share in any recovery does not require serving as lead plaintiff.

No-cost representation on a contingency basis

Bronstein, Gewirtz & Grossman, LLC says it represents investors in class actions on a contingency fee basis. The firm states it will seek reimbursement for out-of-pocket expenses and attorneys’ fees, typically as a percentage of any total recovery, only if it is successful.

Firm statement

Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC, said: “Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace.”