Core Viewpoint - WPP plc is facing a class action lawsuit due to allegations of misleading statements regarding its expected revenue for fiscal year 2025, which led to significant financial losses for investors [5][6]. Group 1: Legal Action and Investor Information - Faruqi & Faruqi, LLP is investigating potential claims against WPP and reminds investors of the December 8, 2025 deadline to seek the role of lead plaintiff in the class action lawsuit [2]. - Investors who purchased WPP securities between February 27, 2025, and July 8, 2025, are encouraged to contact the law firm to discuss their legal rights [1][2]. Group 2: Allegations Against WPP - The complaint alleges that WPP and its executives violated federal securities laws by making false and misleading statements about the company's media division and its ability to handle macroeconomic challenges [5]. - WPP's executives claimed that new business wins would offset losses, while concealing the true state of the media arm, which was losing market share [5]. Group 3: Market Reaction - Following WPP's trading update on July 9, 2025, which indicated a deterioration in performance, the company's stock price fell from $35.82 to $29.34, a decline of approximately 18.1% in one day [6][7].
WPP INVESTOR REMINDER: Faruqi & Faruqi, LLP Announces that WPP Investors Have Opportunity to Lead Class Action Lawsuit