WPP plc(US:WPP) Globenewswire·2025-10-30 15:29Core 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, leading to significant investor losses [3][5]. Group 1: Allegations and Company Performance - 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 performance [5]. - WPP's executives expressed confidence in revitalizing the media division and claimed that new business wins would offset losses, while concealing the true challenges faced by the company [5]. - On July 9, 2025, WPP reported a deterioration in performance for Q2 2025, attributing it to macroeconomic uncertainties and weaker new business than expected [6]. Group 2: Stock Price Impact - Following WPP's trading update on July 9, 2025, the company's stock price fell from $35.82 per share to $29.34 per share, marking an approximate decline of 18.1% in one day [7]. Group 3: Legal Proceedings - Investors who purchased WPP securities between February 27, 2025, and July 8, 2025, are encouraged to contact Faruqi & Faruqi to discuss their legal rights, with a deadline of December 8, 2025, to seek lead plaintiff status in the class action [3][9].