Mon Sep 09 16:06:00 UTC 2024: ## Law Firm Files Class Action Lawsuits Against Four Publicly Traded Companies

**LOS ANGELES, Sept. 09, 2024 (GLOBE NEWSWIRE)** – The Law Offices of Frank R. Cruz announced today that they have filed class action lawsuits on behalf of shareholders of CAE Inc., American Airlines Group Inc., Oddity Tech Ltd., and Lifecore Biomedical, Inc. The firm alleges that these companies made misleading statements about their financial performance, leading to investor losses.

The lawsuits claim that CAE misled investors about cost overruns in defense contracts, American Airlines exaggerated its growth based on inflated demand assumptions, Oddity overstated its AI capabilities and misled about its sales practices, and Lifecore failed to disclose deficiencies in its financial reporting.

Investors who suffered losses during the specified class periods have until the listed deadlines to file a lead plaintiff motion. The Law Offices of Frank R. Cruz encourages affected investors to contact them to discuss their legal rights.

**Specific allegations against each company include:**

* **CAE Inc.** (NYSE: CAE): The lawsuit alleges that CAE failed to disclose significant cost overruns in pre-COVID defense contracts, impacting the company’s profitability.
* **American Airlines Group Inc.** (NASDAQ: AAL): The lawsuit alleges that American Airlines misrepresented its growth based on unrealistic demand assumptions and downplayed the impact of changes to its sales and distribution strategy.
* **Oddity Tech Ltd.** (NASDAQ: ODD): The lawsuit alleges that Oddity exaggerated its AI technology and its impact on sales, engaged in deceptive sales and advertising practices, and downplayed ongoing litigation against the company.
* **Lifecore Biomedical, Inc.** (NASDAQ: LFCR): The lawsuit alleges that Lifecore failed to disclose deficiencies in its financial reporting, resulting in inaccurate financial statements and an inability to timely file reports with the SEC.

**The Law Offices of Frank R. Cruz urges investors who believe they may have been affected by these alleged misrepresentations to contact the firm for more information.**

**About The Law Offices of Frank R. Cruz:**

The Law Offices of Frank R. Cruz is a Los Angeles-based law firm specializing in class action lawsuits. The firm is dedicated to representing investors who have suffered financial losses due to corporate misconduct.

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