WPP plc(US:WPP) Globenewswire·2025-10-30 19:50Core Points - The Gross Law Firm is notifying shareholders of WPP plc regarding a potential class action lawsuit due to misleading statements made by the company during a specified class period [1][3] - The class period for the allegations spans from February 27, 2025, to July 8, 2025, during which WPP is accused of providing overly positive statements while concealing adverse facts about its media arm's performance [3] - Following a trading update on July 9, 2025, WPP's stock price dropped significantly from $35.82 to $29.34, marking an approximate decline of 18.1% in one day due to the revelation of deteriorating performance [3] Allegations and Impact - The complaint alleges that WPP was not adequately equipped to handle macroeconomic challenges and was losing market share to competitors, which was not disclosed to investors [3] - The company's trading update indicated a deterioration in performance attributed to macroeconomic uncertainties and weaker new business, compounded by ongoing restructuring efforts [3] Next Steps for Shareholders - Shareholders are encouraged to register for the class action by December 8, 2025, to potentially become lead plaintiffs and receive updates on the case [4] - Registration involves no cost or obligation, and participants will be enrolled in a portfolio monitoring system for status updates [4] Firm Background - The Gross Law Firm is recognized for its commitment to protecting investors' rights against deceit and fraud, aiming to hold companies accountable for misleading practices [5]