WPP SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces that WPP Investors Have Opportunity to Lead Class Action Lawsuit
WPP plcWPP plc(US:WPP) Newsfile·2025-11-22 12:41

Core 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 financial losses for investors [6][8]. Group 1: Legal Investigation and Class Action - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in WPP to contact them for discussing legal options, particularly regarding a federal securities class action with a deadline of December 8, 2025, to seek the role of lead plaintiff [3][10]. - The firm has a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [5]. Group 2: 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 [6][9]. - WPP's stock price experienced a significant decline of approximately 18.1%, dropping from $35.82 per share on July 8, 2025, to $29.34 per share on July 9, 2025, following the company's trading update that indicated a deterioration in performance [9]. Group 3: Company Performance and Market Reaction - WPP's trading update on July 9, 2025, revealed a decline in performance attributed to macroeconomic uncertainties and weaker new business, which was compounded by ongoing restructuring efforts within the company [8][9]. - The company's optimistic statements about revitalizing its media division and retaining clientele were contradicted by the actual performance and market share losses [6].