Legal

Investor Alert: Class Actions Filed Against Teradata, Seritage, and Oddity Tech

Published July 29, 2024

New York, July 27, 2024 – The prominent shareholder rights legal firm Bragar Eagel & Squire, P.C. has recently announced the commencement of class action lawsuits on behalf of investors of Teradata Corporation TDC, Seritage Growth Properties SRG, and Oddity Tech Ltd. ODD. These legal actions arise from allegations pertaining to violations of federal securities laws.

Teradata Corporation Under Scrutiny

Teradata Corporation TDC, a leading provider of hybrid cloud analytics software based in San Diego, California, is facing legal challenges from investors. The lawsuits allege that TDC may have provided misleading business information to the investing public, thereby adversely affecting shareholder value.

The Situation with Seritage Growth Properties

Seritage Growth Properties SRG, a real estate investment trust, is also embroiled in the legal proceedings. The actions claim that SRG may have failed to disclose material facts to their investors, potentially resulting in financial losses for those who hold stock in the company.

Oddity Tech Faces Legal Challenges

Oddity Tech Ltd. ODD, a global consumer-tech company headquartered in Tel Aviv-Jaffa, Israel, is the third company named in the class action suits. The allegations suggest that ODD may have misled investors through its public statements, undermining the trust and investments of its shareholders.

Bragar Eagel & Squire, P.C. urges investors who have suffered losses in TDC, SRG, or ODD to come forward and participate in the class action lawsuits. The firm's track record of representing shareholder rights highlights the importance of such legal actions in maintaining corporate transparency and accountability.

The pending lawsuits against these companies serve as a reminder to the investment community about the risks associated with stock ownership and underline the need for diligent research and understanding of the entities they invest in.

investment, lawsuits, shareholders