Core Viewpoint - WPP plc is facing a class action lawsuit due to allegations of providing misleading statements about its media arm's performance, leading to a significant drop in stock price after a disappointing trading update [1]. Group 1: Allegations and Impact - The lawsuit claims that WPP's management made overly positive statements while concealing adverse facts about the company's ability to handle macroeconomic challenges and competition, resulting in a loss of market share [1]. - Following a trading update on July 9, 2025, which indicated a deterioration in performance, WPP's stock price fell from $35.82 to $29.34, a decline of approximately 18.1% in one day [1]. Group 2: Class Action Details - Shareholders who purchased WPP shares between February 27, 2025, and July 8, 2025, are encouraged to register for the class action, with a deadline for lead plaintiff applications set for December 8, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software, and participation in the case incurs no cost or obligation [2].
Investors who lost money on WPP plc(WPP) should contact The Gross Law Firm about pending Class Action - WPP