Core Viewpoint - A class action lawsuit has been filed against WPP PLC, alleging that the company misled investors about its business prospects during the class period from February 27, 2025, to July 8, 2025 [1]. Allegations - The complaint claims that WPP's management created a false impression of having reliable information regarding projected revenue and growth, while downplaying risks associated with seasonality and macroeconomic fluctuations [3]. - It is alleged that WPP's optimistic reports on client acquisition and retention were misleading, as the company's media division was losing market share and was not effectively competitive [3]. Impact of Trading Update - On July 9, 2025, WPP issued a trading update indicating a deterioration in performance, attributing this to macroeconomic uncertainties affecting client spending and weaker new business than expected, partly due to ongoing restructuring within WPP Media (GroupM) [4]. - Following this announcement, WPP's stock price fell from $35.82 per share on July 8, 2025, to $29.34 per share on July 9, 2025, marking a decline of approximately 18.1% [4].
WPP PLC Stockholders with Large Losses are Encouraged to Contact Robbins LLP for Information About the Class Action Against WPP