WPP plc(US:WPP) Businesswire·2025-10-12 13:18Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against WPP plc due to allegations of false and misleading statements regarding the company's expected revenue for fiscal year 2025, which led to significant losses for investors [2][4]. Group 1: Allegations and Legal Actions - The complaint against WPP alleges violations of federal securities laws, including making false statements about the company's media division and its ability to handle macroeconomic challenges [4]. - WPP's executives claimed that new business wins would offset losses, while concealing the true state of the media arm, which was losing market share [4]. - A federal securities class action has been filed against WPP, with a deadline of December 8, 2025, for investors to seek the role of lead plaintiff [2][7]. Group 2: Financial Impact - Following WPP's trading update on July 9, 2025, which revealed a deterioration in performance, the company's stock price dropped from $35.82 to $29.34, a decline of approximately 18.1% in one day [5][6]. - The trading update cited macroeconomic uncertainty and weaker new business as contributing factors to the company's poor performance [5]. Group 3: Investor Communication - Faruqi & Faruqi encourages investors who suffered losses in WPP to contact them for discussions about their legal rights [1][8]. - The firm is also seeking information from whistleblowers, former employees, and shareholders regarding WPP's conduct [8].