WPP plc(US:WPP) Prnewswireยท2025-10-31 12:45Core Viewpoint - WPP plc is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 27, 2025, and July 8, 2025 [1][2] Group 1: Lawsuit Details - The lawsuit claims that WPP's management made overly positive statements while concealing material adverse facts about the company's media arm, which was struggling to compete effectively amid macroeconomic challenges [2] - On July 9, 2025, WPP reported a deterioration in performance for Q2 2025, attributing this to macroeconomic uncertainty and weaker new business, compounded by ongoing restructuring within WPP Media [2] - Following the trading update, WPP's stock price plummeted from $35.82 per share on July 8, 2025, to $29.34 per share on July 9, 2025, marking an approximate decline of 18.1% in one day [2] Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until December 8, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [3] - Class members may be entitled to compensation without incurring any out-of-pocket costs or fees [3] Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4]