WEB: Glancy Prongay Murray LLP reminds investors of looming deadline in the 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 12, 2024 deadline to file a lead plaintiff motion in the class action lawsuit filed on behalf of investors who purchased or otherwise acquired Oddity Tech Ltd. ("Oddity Tech" or the "Company") (NASDAQ: ODTY) securities between January 25, 2021 and May 12, 2022, inclusive (the "Class Period").
On March 24, 2023, the Company filed for bankruptcy protection under Chapter 15 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Case"). The Bankruptcy Case is ongoing.
On June 29, 2023, the Company's former CEO and CFO were arrested and charged with various criminal offenses, including securities fraud and wire fraud, in connection with their alleged roles in a scheme to defraud investors by artificially inflating the Company's financial performance.
GPM's investigation concerns whether Oddity Tech and certain of its officers and/or directors violated federal securities laws.
If you suffered a loss on your Oddity Tech investments or have information that may assist GPM's investigation, contact Lesley Portnoy, Esquire, of GPM at 310-201-9150, or via email at shareholders@glancylaw.com to discuss your legal rights.
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