{"success":true,"data":{"pressRelease":{"id":"5665","rtpr_id":"nACSJpGkGa","ticker":"ODD","exchange":"NASDAQ","all_tickers":["ODD"],"title":"Pomerantz LLP Launches Class Action Filing Against ODDITY Tech Ltd.  – ODD","author":"ACCESSWIRE","published_at":"2026-04-22T22:00:00.216Z","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / April\n22, 2026 / Pomerantz LLP announces that a class action lawsuit has been filed\nagainst ODDITY Tech Ltd. (\"Oddity\" or the \"Company\") (NASDAQ:ODD) and certain\nofficers.   The class action, filed in the United States District Court\nfor the Southern District of New York, and docketed under 26-cv-02046, is on\nbehalf of a class consisting of all persons and entities other than Defendants\nthat purchased or otherwise acquired Oddity securities between February 26,\n2025 and February 24, 2026, both dates inclusive (the \"Class Period\"), seeking\nto recover damages caused by Defendants' violations of the federal securities\nlaws and to pursue remedies under Sections 10(b) and 20(a) of the Securities\nExchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the\nCompany and certain of its top officials.\n\nIf you are an investor who purchased or otherwise acquired Oddity securities\nduring the Class Period, you have until May 11, 2026, to ask the Court to\nappoint you as Lead Plaintiff for the class.  A copy of the Complaint can be\nobtained at www.pomerantzlaw.com.  To discuss this action, contact Danielle\nPeyton at newaction@pomlaw.com or 646-581-9980 (or 888.4-POMLAW), toll-free,\nExt. 7980. Those who inquire by e-mail are encouraged to include their mailing\naddress, telephone number, and the number of shares purchased. \n\n[Click here for information about joining the class action]\n(https://pomlaw.com/learn-more-form?company=ODD)\n\nOddity is a consumer technology company that builds digital-first brands for\nthe beauty and wellness industries in the U.S. and internationally. The\nCompany serves consumers through its purported artificial intelligence-driven\nonline platform, using data science, machine learning, and computer vision\ncapabilities to identify consumer needs and develop solutions in the form of\nbeauty, wellness, and technology products.\n\nOddity relies heavily on advertising partners to support its sales growth. As\nsuch, the Company's revenue and customer acquisition costs are directly\nimpacted by its advertising partners' algorithms, which utilize user behavior,\ndemographic, and interest-related data to facilitate the Company's exposure to\nonline advertising spaces via auctions and, accordingly, online consumer\ntraffic.\n\nThe quality of a company's ad auction generally correlates favorably with a\ncompany's customer acquisition costs. A high-quality ad auction will generally\nresult in potential customers seeing more relevant, engaging and prominently\nplaced ads, resulting in lower costs per click (\"CPC\") and higher\nclick-through (\"CT\") rates. Conversely, lower-quality ad auctions will yield\nless relevant and poorly placed ads, leading to higher CPC and lower CT rates.\nAs such, higher-quality ad auctions tend to result in lower customer\nacquisition costs, whereas lower-quality ad auctions tend to increase customer\nacquisition costs.\n\nThe Complaint alleges that, throughout the Class Period, Defendants made\nmaterially false and misleading statements regarding the Company's business,\noperations, and prospects. Specifically, Defendants made false and/or\nmisleading statements and/or failed to disclose that: (i) due to an algorithm\nchange by Oddity's largest advertising partner, Oddity's advertisements were\nbeing diverted to lower quality auctions at abnormally high costs; (ii) the\nforegoing significantly increased Oddity's customer acquisition costs, thereby\nnegatively impacting Oddity's business and financial prospects; (iii)\naccordingly, Defendants overstated the overall strength, stability, and\nsustainability of Oddity's digital operating model and/or market position; and\n(iv) as a result, Defendants' public statements were materially false and\nmisleading at all relevant times.\n\nThe truth began to emerge on February 25, 2026, when Oddity issued a press\nrelease \"announcing its financial results for the fourth quarter and full year\nended December 31, 2025.\" In the press release, Oddity's Chief Executive\nOfficer, Defendant Oran Holtzman, said that \"we experienced a dislocation in\nour account with our largest advertising partner that we believe was driven by\nalgorithm changes which diverted us to lower quality auctions at abnormally\nhigh costs\", which \"result[ed] in significant increases in new user\nacquisition costs that are not correlated with the market or our historical\nexperience.\"\n\nIn the same press release, Oddity's Global Chief Financial Officer, Defendant\nLindsay Drucker Mann, said that:\n\nGiven the dislocation we are experiencing in acquisition costs, we expect\nfirst quarter 2026 revenue to decline approximately 30% year-over-year, but we\nhope to see material improvement in the second half of 2026. We plan to issue\nour financial outlook for FY 2026 in the next few months when we have more\nvisibility.\n\nOn this news, Oddity's Class A ordinary share price fell $14.28 per share, or\n49.21%, to close at $14.74 per share on February 25, 2026.\n\nPomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris,\nand Tel Aviv, is acknowledged as one of the premier firms in the areas of\ncorporate, securities, and antitrust class litigation. Founded by the late\nAbraham L. Pomerantz, known as the dean of the class action bar, Pomerantz\npioneered the field of securities class actions. Today, more than 85 years\nlater, Pomerantz continues in the tradition he established, fighting for the\nrights of the victims of securities fraud, breaches of fiduciary duty, and\ncorporate misconduct. The Firm has recovered billions of dollars in damages\nawards on behalf of class members. See www.pomlaw.com.\n\nAttorney advertising.  Prior results do not guarantee similar outcomes.\n\nSOURCE: Pomerantz LLP\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/pomerantz-llp-launches-class-action-filing-against-oddity-tech-l-1147283)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nACSJpGkGa","title":"Pomerantz LLP Launches Class Action Filing Against ODDITY Tech Ltd.  – ODD","author":"ACCESSWIRE","ticker":"ODD","created":"2026-04-22T22:00:00.216Z","tickers":["ODD"],"exchange":"NASDAQ","article_body":"NEW YORK CITY, NY / ACCESS Newswire (https://www.accessnewswire.com/) / April\n22, 2026 / Pomerantz LLP announces that a class action lawsuit has been filed\nagainst ODDITY Tech Ltd. (\"Oddity\" or the \"Company\") (NASDAQ:ODD) and certain\nofficers.   The class action, filed in the United States District Court\nfor the Southern District of New York, and docketed under 26-cv-02046, is on\nbehalf of a class consisting of all persons and entities other than Defendants\nthat purchased or otherwise acquired Oddity securities between February 26,\n2025 and February 24, 2026, both dates inclusive (the \"Class Period\"), seeking\nto recover damages caused by Defendants' violations of the federal securities\nlaws and to pursue remedies under Sections 10(b) and 20(a) of the Securities\nExchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the\nCompany and certain of its top officials.\n\nIf you are an investor who purchased or otherwise acquired Oddity securities\nduring the Class Period, you have until May 11, 2026, to ask the Court to\nappoint you as Lead Plaintiff for the class.  A copy of the Complaint can be\nobtained at www.pomerantzlaw.com.  To discuss this action, contact Danielle\nPeyton at newaction@pomlaw.com or 646-581-9980 (or 888.4-POMLAW), toll-free,\nExt. 7980. Those who inquire by e-mail are encouraged to include their mailing\naddress, telephone number, and the number of shares purchased. \n\n[Click here for information about joining the class action]\n(https://pomlaw.com/learn-more-form?company=ODD)\n\nOddity is a consumer technology company that builds digital-first brands for\nthe beauty and wellness industries in the U.S. and internationally. The\nCompany serves consumers through its purported artificial intelligence-driven\nonline platform, using data science, machine learning, and computer vision\ncapabilities to identify consumer needs and develop solutions in the form of\nbeauty, wellness, and technology products.\n\nOddity relies heavily on advertising partners to support its sales growth. As\nsuch, the Company's revenue and customer acquisition costs are directly\nimpacted by its advertising partners' algorithms, which utilize user behavior,\ndemographic, and interest-related data to facilitate the Company's exposure to\nonline advertising spaces via auctions and, accordingly, online consumer\ntraffic.\n\nThe quality of a company's ad auction generally correlates favorably with a\ncompany's customer acquisition costs. A high-quality ad auction will generally\nresult in potential customers seeing more relevant, engaging and prominently\nplaced ads, resulting in lower costs per click (\"CPC\") and higher\nclick-through (\"CT\") rates. Conversely, lower-quality ad auctions will yield\nless relevant and poorly placed ads, leading to higher CPC and lower CT rates.\nAs such, higher-quality ad auctions tend to result in lower customer\nacquisition costs, whereas lower-quality ad auctions tend to increase customer\nacquisition costs.\n\nThe Complaint alleges that, throughout the Class Period, Defendants made\nmaterially false and misleading statements regarding the Company's business,\noperations, and prospects. Specifically, Defendants made false and/or\nmisleading statements and/or failed to disclose that: (i) due to an algorithm\nchange by Oddity's largest advertising partner, Oddity's advertisements were\nbeing diverted to lower quality auctions at abnormally high costs; (ii) the\nforegoing significantly increased Oddity's customer acquisition costs, thereby\nnegatively impacting Oddity's business and financial prospects; (iii)\naccordingly, Defendants overstated the overall strength, stability, and\nsustainability of Oddity's digital operating model and/or market position; and\n(iv) as a result, Defendants' public statements were materially false and\nmisleading at all relevant times.\n\nThe truth began to emerge on February 25, 2026, when Oddity issued a press\nrelease \"announcing its financial results for the fourth quarter and full year\nended December 31, 2025.\" In the press release, Oddity's Chief Executive\nOfficer, Defendant Oran Holtzman, said that \"we experienced a dislocation in\nour account with our largest advertising partner that we believe was driven by\nalgorithm changes which diverted us to lower quality auctions at abnormally\nhigh costs\", which \"result[ed] in significant increases in new user\nacquisition costs that are not correlated with the market or our historical\nexperience.\"\n\nIn the same press release, Oddity's Global Chief Financial Officer, Defendant\nLindsay Drucker Mann, said that:\n\nGiven the dislocation we are experiencing in acquisition costs, we expect\nfirst quarter 2026 revenue to decline approximately 30% year-over-year, but we\nhope to see material improvement in the second half of 2026. We plan to issue\nour financial outlook for FY 2026 in the next few months when we have more\nvisibility.\n\nOn this news, Oddity's Class A ordinary share price fell $14.28 per share, or\n49.21%, to close at $14.74 per share on February 25, 2026.\n\nPomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris,\nand Tel Aviv, is acknowledged as one of the premier firms in the areas of\ncorporate, securities, and antitrust class litigation. Founded by the late\nAbraham L. Pomerantz, known as the dean of the class action bar, Pomerantz\npioneered the field of securities class actions. Today, more than 85 years\nlater, Pomerantz continues in the tradition he established, fighting for the\nrights of the victims of securities fraud, breaches of fiduciary duty, and\ncorporate misconduct. The Firm has recovered billions of dollars in damages\nawards on behalf of class members. See www.pomlaw.com.\n\nAttorney advertising.  Prior results do not guarantee similar outcomes.\n\nSOURCE: Pomerantz LLP\nView the original press release\n(https://www.accessnewswire.com/newsroom/en/business-and-professional-services/pomerantz-llp-launches-class-action-filing-against-oddity-tech-l-1147283)\non ACCESS Newswire\n\n\nCopyright 2026 ACCESS Newswire. All Rights Reserved."},"type":"article","timestamp":"2026-04-22T22:00:00.270771278Z","server_sent_at_ms":1776895200270},"received_at":"2026-04-22T22:00:00.712Z","source_url":"https://www.accessnewswire.com/newsroom/en/business-and-professional-services/pomerantz-llp-launches-class-action-filing-against-oddity-tech-l-1147283"},"analysis":{"id":"4151","press_release_id":"5665","analysis_json":{"industry":{"label":"Consumer Services","sector":"Consumer Discretionary"},"redFlags":["class action lawsuit alleging securities fraud","alleged failure to disclose deteriorating customer acquisition metrics","30% year-over-year revenue decline expected for Q1 2026"],"eventType":"legal_litigation","narrative":"Pomerantz LLP filed a class action lawsuit against ODDITY Tech Ltd. and certain officers in the Southern District of New York, alleging violations of federal securities laws between February 26, 2025, and February 24, 2026.\n\nThe complaint claims defendants made false statements regarding the impact of an advertising partner's algorithm change, which allegedly diverted ads to lower-quality auctions and increased customer acquisition costs.\n\nThis follows a February 25 disclosure where the company guided for a 30% year-over-year revenue decline in Q1 2026, causing the stock to drop 49% on the news.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Securities class action filed over alleged ad-tech failures that preceded a 49% stock crash."},"keyFigures":{"customDimensions":{"class_period_end":"February 24, 2026","guidance_decline":"30%","stock_drop_amount":"$14.28 per share","class_period_start":"February 26, 2025","stock_drop_percent":"49.21%","lead_plaintiff_deadline":"May 11, 2026"}},"quotedText":"we experienced a dislocation in our account with our largest advertising partner that we believe was driven by algorithm changes which diverted us to lower quality auctions at abnormally high costs","namedEntities":{"people":[{"name":"Oran Holtzman","role":"Chief Executive Officer"},{"name":"Lindsay Drucker Mann","role":"Global Chief Financial Officer"},{"name":"Danielle Peyton","role":"Contact"}],"products":[],"companies":[{"name":"ODDITY Tech Ltd.","ticker":"ODD","relationship":"defendant"},{"name":"Pomerantz LLP","relationship":"plaintiff counsel"}],"dollarAmounts":[{"amount":"$14.28 per share","context":"share price decline on February 25, 2026"},{"amount":"$14.74 per share","context":"closing share price on February 25, 2026"}]},"materialImpact":{"score":4,"reasoning":"Federal class action lawsuit filed alleging securities fraud regarding material misstatements about the company's advertising efficiency and customer acquisition costs, which previously caused a 49% single-day stock drop."},"tickerRelevance":{"others":[],"primary":"ODD"},"eventTypeSecondary":[]},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"bearish","material_impact_score":4,"narrative":"Pomerantz LLP filed a class action lawsuit against ODDITY Tech Ltd. and certain officers in the Southern District of New York, alleging violations of federal securities laws between February 26, 2025, and February 24, 2026.\n\nThe complaint claims defendants made false statements regarding the impact of an advertising partner's algorithm change, which allegedly diverted ads to lower-quality auctions and increased customer acquisition costs.\n\nThis follows a February 25 disclosure where the company guided for a 30% year-over-year revenue decline in Q1 2026, causing the stock to drop 49% on the news.","key_figures":{"customDimensions":{"class_period_end":"February 24, 2026","guidance_decline":"30%","stock_drop_amount":"$14.28 per share","class_period_start":"February 26, 2025","stock_drop_percent":"49.21%","lead_plaintiff_deadline":"May 11, 2026"}},"named_entities":{"people":[{"name":"Oran Holtzman","role":"Chief Executive Officer"},{"name":"Lindsay Drucker Mann","role":"Global Chief Financial Officer"},{"name":"Danielle Peyton","role":"Contact"}],"products":[],"companies":[{"name":"ODDITY Tech Ltd.","ticker":"ODD","relationship":"defendant"},{"name":"Pomerantz LLP","relationship":"plaintiff counsel"}],"dollarAmounts":[{"amount":"$14.28 per share","context":"share price decline on February 25, 2026"},{"amount":"$14.74 per share","context":"closing share price on February 25, 2026"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-23T00:47:07.927Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:54.543Z"}},"durationMs":19022,"modelName":"glm-4.7"}}