WPP plc(US:WPP) Prnewswireยท2025-10-28 13:54Core 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 may have led to significant investor losses [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]. Allegations Against WPP - The complaint alleges that WPP and its executives violated federal securities laws by making false statements and failing to disclose material information about the company's media division and its ability to handle macroeconomic challenges [2]. - WPP's executives claimed that new business wins would offset losses, while concealing the fact that the company was losing market share to competitors [2]. Stock Performance Impact - 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 [4].