Workflow
December 8, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against WPP
WPP plcWPP plc(US:WPP) Globenewswireยท2025-11-10 20:28

Core Viewpoint - The Gross Law Firm is notifying shareholders of WPP plc regarding a class action lawsuit due to allegations of misleading statements and a significant decline in stock price following a negative trading update [1][3]. Summary by Sections Allegations - The complaint alleges that WPP's management provided overly positive statements while concealing material adverse facts about the company's media arm, which was not adequately equipped to handle macroeconomic challenges and was losing market share [3]. - On July 9, 2025, WPP reported a deterioration in performance for Q2 2025, attributing this to macroeconomic uncertainty and weaker new business, compounded by distractions from ongoing restructuring efforts [3]. Stock Price Impact - Following the negative trading update, WPP's stock price dropped from $35.82 per share on July 8, 2025, to $29.34 per share on July 9, 2025, marking a decline of approximately 18.1% in one day [3]. Class Action Details - The class period for the lawsuit is from February 27, 2025, to July 8, 2025, and shareholders are encouraged to register for participation [3][4]. - The deadline for shareholders to seek lead plaintiff status is December 8, 2025, and there is no cost to participate in the case [4]. Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [5].