Philadelphia, Pennsylvania--(Newsfile Corp. - March 18, 2026) - National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against ODDITY Tech Ltd. (NASDAQ: ODD) ("Oddity Tech" or the "Company") on behalf of investors who purchased or acquired Oddity Tech shares during the period from February 26, 2025 through February 24, 2026 (the "Class Period").
Investor Deadline: Investors who purchased or acquired Oddity Tech securities during the Class Period may, no later than May 11, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.
Headquartered in Tel Aviv, Oddity Tech is a consumer technology company that develops digital-first beauty and wellness brands using data-driven marketing and artificial intelligence.
The Complaint alleges that throughout the Class Period, Defendants misled investors about the strength and stability of Oddity Tech's digital advertising and customer acquisition model. Specifically, Defendants failed to disclose the risk that an algorithm change by the Company's largest advertising partner could divert Oddity Tech's advertisements to lower quality auctions at abnormally high costs, significantly increasing customer acquisition costs and negatively impacting the Company's financial outlook.
On February 25, 2026, Oddity Tech disclosed that it had experienced a "dislocation" with its largest advertising partner caused by algorithm changes that diverted its advertising placements to lower quality auctions at significantly higher costs. The Company also warned that it expected first quarter 2026 revenue to decline approximately 30% year-over-year as a result of these increased acquisition costs. Following this disclosure, Oddity Tech's share price fell approximately 49%.
If you are an Oddity Tech investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at aabramowitz@bergermontague.com or (215) 875-3015, or Caitlin Adorni at cadorni@bergermontague.com or (267)764-4865.
About Berger Montague
Berger Montague is one of the nation's preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
For more information or to discuss your rights, please contact:
Andrew Abramowitz
Berger Montague
(215) 875-3015
aabramowitz@bergermontague.com
Caitlin Adorni
Berger Montague
(267) 764-4865
cadorni@bergermontague.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288918
Source: Berger Montague