WPP plc(US:WPP) Globenewswire·2025-11-29 13:46Core 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 led to significant losses for investors [4][6]. Group 1: Allegations and Legal Actions - 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]. - WPP's executives expressed confidence in revitalizing the media division and claimed that new business wins would offset losses, while concealing the true state of the media arm [6]. - A federal securities class action has been filed against WPP, with a deadline of December 8, 2025, for investors to seek the role of lead plaintiff [4][9]. Group 2: Impact on Stock Price - 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, representing an 18.1% decline in one day [7][8]. - The trading update attributed the decline to macroeconomic uncertainties and weaker new business, compounded by ongoing restructuring efforts within WPP Media [7]. Group 3: Investor Communication - Faruqi & Faruqi encourages investors who suffered losses to contact the firm to discuss their legal rights and options [1][10]. - The firm has a history of recovering hundreds of millions of dollars for investors since its establishment in 1995 [5].