The Gross Law Firm Notifies Shareholders of WPP plc(WPP) of a Class Action Lawsuit and an Upcoming Deadline
WPP plcWPP plc(US:WPP) Globenewswire·2025-12-03 21:12

Core Viewpoint - The Gross Law Firm is notifying shareholders of WPP plc regarding a class action lawsuit due to allegations of misleading statements and performance deterioration in WPP's media arm, leading to significant stock price decline [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]. Stock Performance - Following a trading update on July 9, 2025, which indicated a deterioration in performance, WPP's stock price fell 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 by December 8, 2025 [4]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [5].

The Gross Law Firm Notifies Shareholders of WPP plc(WPP) of a Class Action Lawsuit and an Upcoming Deadline - Reportify