WPP plc(US:WPP) Prnewswireยท2025-10-23 17:18Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against WPP plc due to allegations of violations of federal securities laws related to misleading statements about the company's expected revenue for fiscal year 2025 [2][3]. Summary by Sections Legal Investigation - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in WPP between February 27, 2025, and July 8, 2025, to discuss their legal options [1]. - 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 [1][5]. Allegations Against WPP - The complaint alleges that WPP and its executives made false and misleading statements regarding the company's media division, claiming it was revitalizing and simplifying operations while concealing the true challenges it faced [2]. - Specific allegations include that WPP was losing significant market share and was not equipped to handle ongoing macroeconomic challenges, which were not disclosed to investors [2]. Market Reaction - Following WPP's trading update on July 9, 2025, which indicated a deterioration in performance, the company's stock price fell from $35.82 to $29.34, a decline of approximately 18.1% in one day [3][4].