{"success":true,"data":{"pressRelease":{"id":"17323","rtpr_id":"nGNXc9G32j","ticker":"ODD","exchange":"NASDAQ","all_tickers":["ODD"],"title":"ODD CLASS ACTION ALERT: ODDITY Tech (ODD) Investors with Significant Losses Urged to Contact Hagens Berman Before May 11 Lead Plaintiff Deadline","author":"Globe Newswire","published_at":"2026-05-01T15:56:17.108Z","article_body":"SAN FRANCISCO, May 01, 2026 (GLOBE NEWSWIRE) -- Hagens Berman, a global\nshareholder rights law firm, updates investors in ODDITY Tech Ltd. (NASDAQ:\nODD) regarding the pending securities class action lawsuit following a massive\n49% stock collapse. The firm reminds investors that the deadline to move for\nLead Plaintiff is May 11, 2026.\n\nSUBMIT YOUR LOSSES TO HAGENS BERMAN NOW\n(https://www.globenewswire.com/Tracker?data=h0ptH5prFMW7kSGvR_Rj3s3eKcVx8jprOPOp31bl7twlRlZsEFS8BI6-fRDIFKumczZYsQ9O5CUx3bCsomlaNmy_wVbfWWXxr1RRx-dWbBPYDLEVhsLGzJ6hg8ybLJV-vwH6_zBP9Su9TAXe9VzovA==)\n\nThe ODD Securities Class Action: When Did ODDITY Know About the Dislocation?\n\nThe lawsuit against ODDITY, a consumer tech company that uses AI to sell\nbeauty products, alleges the company misrepresented the stability of its\ndigital operating model. While ODDITY repeatedly assured investors that its AI\nplatform would sustain high growth and attractive margins, it allegedly failed\nto disclose a critical disruption.\n\nOn February 25, 2026, ODDITY admitted it had experienced a dislocation in its\nprimary advertising account due to algorithm changes by its largest partner.\nThis change diverted ODDITY’s ads to lower-quality auctions at abnormally\nhigh costs, causing:\n* Spiking Customer Acquisition Costs (CAC): Advertising efficiency plummeted,\ndirectly impacting margins.\n* Severe Revenue Contraction: The company projected a staggering 30%\nyear-over-year revenue decline for Q1 2026.\n* Delayed Disclosure: During an earnings call, management admitted they\n\"observed that something was different in the second half of 2025,\" yet they\ncontinued to issue optimistic growth guidance as late as November 2025.\nWall Street Reaction and Market Impact\n\nThe disclosure triggered a massive selloff. ODDITY’s shares fell $14.28 per\nshare, or nearly 50%, to close at $14.74 on February 25, 2026, wiping out more\nthan $600 million in market capitalization. In the wake of this news, major\nWall Street firms, including JPMorgan and Bank of America, cut their ratings\non the stock.\n\n“We are investigating whether ODDITY knowingly issued false statements\nduring the second half of 2025 while privately watching its primary growth\nengine fail,” said Reed Kathrein\n(https://www.globenewswire.com/Tracker?data=wXW_46NoKwKwwOSvA6YJLM7Lu77fRu4-1toXSYRbDVA2aol4uQU4slRWspjX6-8f5xNAgeN7XwxzBwSGAMWkBhO3M3RXmiqcKMre1Xue-GItkwqqlzLvB9gb_d8M02WO),\nthe Hagens Berman partner leading the investigation.\n\nLead Plaintiff Deadline: May 11, 2026\n\nInvestors who purchased ODDITY securities between February 26, 2025, and\nFebruary 24, 2026, and suffered losses, have until May 11, 2026, to seek a\nlead role in the litigation.\n* Report Your ODD Investment Losses Now\n(https://www.hbsslaw.com/investor-fraud/odd)\n* Visit: www.hbsslaw.com/cases/oddity\n* Email: ODD@hbsslaw.com\n* Call 844-916-0895\nWhistleblowers: Persons with non-public information regarding ODDITY should\nconsider their options to help in the investigation or take advantage of the\nSEC Whistleblower program. Under the new program, whistleblowers who provide\noriginal information may receive rewards totaling up to 30 percent of any\nsuccessful recovery made by the SEC. For more information, call Reed Kathrein\nat 844-916-0895 or email ODD@hbsslaw.com.\n\nAbout Hagens Berman\n(https://www.globenewswire.com/Tracker?data=8Y-_by_DzfynR8hNn6XTx_M2WyWsj8X2ERi68dRYYU-_QmslDkdAWq2HNT0Mr7yoHeliBZ3FSLWpPdUmlCoj-qtgDZH3fUmBvuLNmy0ScF4=)\nHagens Berman is a global plaintiffs’ rights complex litigation firm\nfocusing on corporate accountability. The firm is home to a robust practice\nand represents investors as well as whistleblowers, workers, consumers and\nothers in cases achieving real results for those harmed by corporate\nnegligence and other wrongdoings. Hagens Berman’s team has secured more than\n$2.9 billion in this area of law. More about the firm and its successes can be\nfound at hbsslaw.com\n(https://www.globenewswire.com/Tracker?data=XSg9PLy0uoD8wsiwi54fw4ct7A9zyo8a-8wDuaQusDIFfBAJDBTY4y9MOavsFixshBbMCqS0yaCfMZ7OF22tvg==).\nFollow the firm for updates and news at @ClassActionLaw. \n\nContact: \nReed Kathrein, 844-916-0895\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2c81cd72-0ffb-43c9-9d0f-b622c3e44e43)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXc9G32j","title":"ODD CLASS ACTION ALERT: ODDITY Tech (ODD) Investors with Significant Losses Urged to Contact Hagens Berman Before May 11 Lead Plaintiff Deadline","author":"Globe Newswire","ticker":"ODD","created":"2026-05-01T15:56:17.108Z","tickers":["ODD"],"exchange":"NASDAQ","article_body":"SAN FRANCISCO, May 01, 2026 (GLOBE NEWSWIRE) -- Hagens Berman, a global\nshareholder rights law firm, updates investors in ODDITY Tech Ltd. (NASDAQ:\nODD) regarding the pending securities class action lawsuit following a massive\n49% stock collapse. The firm reminds investors that the deadline to move for\nLead Plaintiff is May 11, 2026.\n\nSUBMIT YOUR LOSSES TO HAGENS BERMAN NOW\n(https://www.globenewswire.com/Tracker?data=h0ptH5prFMW7kSGvR_Rj3s3eKcVx8jprOPOp31bl7twlRlZsEFS8BI6-fRDIFKumczZYsQ9O5CUx3bCsomlaNmy_wVbfWWXxr1RRx-dWbBPYDLEVhsLGzJ6hg8ybLJV-vwH6_zBP9Su9TAXe9VzovA==)\n\nThe ODD Securities Class Action: When Did ODDITY Know About the Dislocation?\n\nThe lawsuit against ODDITY, a consumer tech company that uses AI to sell\nbeauty products, alleges the company misrepresented the stability of its\ndigital operating model. While ODDITY repeatedly assured investors that its AI\nplatform would sustain high growth and attractive margins, it allegedly failed\nto disclose a critical disruption.\n\nOn February 25, 2026, ODDITY admitted it had experienced a dislocation in its\nprimary advertising account due to algorithm changes by its largest partner.\nThis change diverted ODDITY’s ads to lower-quality auctions at abnormally\nhigh costs, causing:\n* Spiking Customer Acquisition Costs (CAC): Advertising efficiency plummeted,\ndirectly impacting margins.\n* Severe Revenue Contraction: The company projected a staggering 30%\nyear-over-year revenue decline for Q1 2026.\n* Delayed Disclosure: During an earnings call, management admitted they\n\"observed that something was different in the second half of 2025,\" yet they\ncontinued to issue optimistic growth guidance as late as November 2025.\nWall Street Reaction and Market Impact\n\nThe disclosure triggered a massive selloff. ODDITY’s shares fell $14.28 per\nshare, or nearly 50%, to close at $14.74 on February 25, 2026, wiping out more\nthan $600 million in market capitalization. In the wake of this news, major\nWall Street firms, including JPMorgan and Bank of America, cut their ratings\non the stock.\n\n“We are investigating whether ODDITY knowingly issued false statements\nduring the second half of 2025 while privately watching its primary growth\nengine fail,” said Reed Kathrein\n(https://www.globenewswire.com/Tracker?data=wXW_46NoKwKwwOSvA6YJLM7Lu77fRu4-1toXSYRbDVA2aol4uQU4slRWspjX6-8f5xNAgeN7XwxzBwSGAMWkBhO3M3RXmiqcKMre1Xue-GItkwqqlzLvB9gb_d8M02WO),\nthe Hagens Berman partner leading the investigation.\n\nLead Plaintiff Deadline: May 11, 2026\n\nInvestors who purchased ODDITY securities between February 26, 2025, and\nFebruary 24, 2026, and suffered losses, have until May 11, 2026, to seek a\nlead role in the litigation.\n* Report Your ODD Investment Losses Now\n(https://www.hbsslaw.com/investor-fraud/odd)\n* Visit: www.hbsslaw.com/cases/oddity\n* Email: ODD@hbsslaw.com\n* Call 844-916-0895\nWhistleblowers: Persons with non-public information regarding ODDITY should\nconsider their options to help in the investigation or take advantage of the\nSEC Whistleblower program. Under the new program, whistleblowers who provide\noriginal information may receive rewards totaling up to 30 percent of any\nsuccessful recovery made by the SEC. For more information, call Reed Kathrein\nat 844-916-0895 or email ODD@hbsslaw.com.\n\nAbout Hagens Berman\n(https://www.globenewswire.com/Tracker?data=8Y-_by_DzfynR8hNn6XTx_M2WyWsj8X2ERi68dRYYU-_QmslDkdAWq2HNT0Mr7yoHeliBZ3FSLWpPdUmlCoj-qtgDZH3fUmBvuLNmy0ScF4=)\nHagens Berman is a global plaintiffs’ rights complex litigation firm\nfocusing on corporate accountability. The firm is home to a robust practice\nand represents investors as well as whistleblowers, workers, consumers and\nothers in cases achieving real results for those harmed by corporate\nnegligence and other wrongdoings. Hagens Berman’s team has secured more than\n$2.9 billion in this area of law. More about the firm and its successes can be\nfound at hbsslaw.com\n(https://www.globenewswire.com/Tracker?data=XSg9PLy0uoD8wsiwi54fw4ct7A9zyo8a-8wDuaQusDIFfBAJDBTY4y9MOavsFixshBbMCqS0yaCfMZ7OF22tvg==).\nFollow the firm for updates and news at @ClassActionLaw. \n\nContact: \nReed Kathrein, 844-916-0895\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2c81cd72-0ffb-43c9-9d0f-b622c3e44e43)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-01T15:56:17.148713631Z","server_sent_at_ms":1777650977148},"received_at":"2026-05-01T15:56:17.202Z","source_url":"https://www.globenewswire.com/news-release/2026/04/28/3283301/0/en/odd-class-action-alert-oddity-tech-odd-investors-with-significant-losses-urged-to-contact-hagens-berman-before-may-11-lead-plaintiff-deadline.html"},"analysis":{"id":"12731","press_release_id":"17323","analysis_json":{"industry":{"label":"Consumer Discretionary Distribution & Retail","sector":"Consumer Discretionary"},"redFlags":[],"eventType":"legal_litigation","narrative":"Hagens Berman issued a solicitation notice to ODDITY Tech investors, reminding them of the May 11 deadline to seek lead plaintiff status in a pending class action.\n\nThe lawsuit alleges ODDITY misrepresented the stability of its AI operating model and failed to disclose a disruption to its primary advertising account that led to a 49% stock drop.\n\nThis release is a standard law-firm marketing solicitation; it does not represent a new disclosure from the company or a judicial finding.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{},"quotedText":"We are investigating whether ODDITY knowingly issued false statements during the second half of 2025 while privately watching its primary growth engine fail","namedEntities":{"people":[{"name":"Reed Kathrein","role":"Partner leading the investigation"}],"products":[],"companies":[{"name":"ODDITY Tech Ltd.","ticker":"ODD"},{"name":"Hagens Berman","relationship":"plaintiff law firm"},{"name":"JPMorgan","relationship":"analyst"},{"name":"Bank of America","relationship":"analyst"}],"dollarAmounts":[{"amount":"$600 million","context":"market capitalization wiped out"},{"amount":"$14.28","context":"per-share decline on February 25, 2026"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by Hagens Berman. No new disclosure from the issuer; no certified class, no settlement. Boilerplate lead-plaintiff-deadline reminder."},"tickerRelevance":{"others":[],"primary":"ODD"},"globalImportance":15,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Hagens Berman issued a solicitation notice to ODDITY Tech investors, reminding them of the May 11 deadline to seek lead plaintiff status in a pending class action.\n\nThe lawsuit alleges ODDITY misrepresented the stability of its AI operating model and failed to disclose a disruption to its primary advertising account that led to a 49% stock drop.\n\nThis release is a standard law-firm marketing solicitation; it does not represent a new disclosure from the company or a judicial finding.","key_figures":{},"named_entities":{"people":[{"name":"Reed Kathrein","role":"Partner leading the investigation"}],"products":[],"companies":[{"name":"ODDITY Tech Ltd.","ticker":"ODD"},{"name":"Hagens Berman","relationship":"plaintiff law firm"},{"name":"JPMorgan","relationship":"analyst"},{"name":"Bank of America","relationship":"analyst"}],"dollarAmounts":[{"amount":"$600 million","context":"market capitalization wiped out"},{"amount":"$14.28","context":"per-share decline on February 25, 2026"}]},"model_name":"glm-4.7","prompt_hash":"sha256:a2703c5a1b5285fe","schema_hash":"sha256:1f8af1196c7db48c","created_at":"2026-05-01T16:00:12.250Z","global_importance":15,"audience_relevance":15,"importance_components":{"tickerTier":"mid-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":234783,"modelName":"glm-4.7"}}