Ademi LLP is investigating possible securities fraud claims against ODDITY (NASDAQ: ODD). The investigation results from inaccurate statements ODDITY may have made regarding its financial statements, business operations and prospects.
The investigation focuses on whether ODDITY had adequate controls and systems in place to track the strategies and activities of a key ad partner, which may have diverted ODDITY’s campaigns into “lower quality auctions at abnormally high costs,” resulting in significant increases in the cost of new user acquisitions.
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