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The Gross Law Firm Reminds WPP Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 8, 2025 – WPP
Globenewswire· 2025-11-24 19:59
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 following a negative trading update [3][4]. Summary by Sections Allegations - The complaint claims that WPP's management made overly positive statements while concealing material adverse facts about the company's ability to handle macroeconomic challenges and competition, resulting in a loss of market share [3]. - On July 9, 2025, WPP reported a deterioration in performance for Q2 2025, attributing it to macroeconomic uncertainties and weaker new business, partly due to ongoing restructuring within WPP Media (GroupM) [3]. Stock Price Impact - Following the trading update on July 9, 2025, WPP's stock price plummeted from $35.82 per share to $29.34 per share, marking an approximate decline of 18.1% in just one day [3]. Class Action Details - The class period for the lawsuit is defined as February 27, 2025, to July 8, 2025, and shareholders are encouraged to register for participation [3][4]. - The deadline for shareholders to seek lead plaintiff status is December 8, 2025, and there is no cost or obligation to participate in the case [4]. Firm Background - The Gross Law Firm, which is leading the class action, is recognized for protecting investors' rights against deceit and fraud, aiming to recover losses incurred due to misleading statements by companies [5].
Shareholders that lost money on WPP plc(WPP) should contact The Gross Law Firm about pending Class Action - WPP
Globenewswire· 2025-10-22 23:03
Core Viewpoint - The Gross Law Firm is notifying shareholders of WPP plc regarding a class action lawsuit due to alleged 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]. - On July 9, 2025, WPP reported a trading update indicating a deterioration in performance, attributing it to macroeconomic uncertainty and weaker new business, partly due to ongoing restructuring [3]. Stock Performance - Following the trading update on July 9, 2025, WPP's stock price dropped from $35.82 to $29.34, representing an approximate decline of 18.1% in one day [3]. Class Action Details - The class period for the lawsuit is from February 27, 2025, to July 8, 2025, with a deadline for shareholders to register as lead plaintiffs by December 8, 2025 [4]. - Shareholders who register will receive updates on the case's progress through portfolio monitoring software [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].
Investors in WPP plc Should Contact The Gross Law Firm Before December 8, 2025 to Discuss Your Rights - WPP
Prnewswire· 2025-10-20 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of WPP plc regarding a class action lawsuit due to allegations of misleading statements and concealment of material facts about the company's media arm, which has reportedly lost market share amid macroeconomic challenges [1]. Summary by Sections Allegations - The complaint alleges that WPP provided overly positive statements while concealing adverse facts about its media arm's ability to handle macroeconomic challenges and competition, leading to a significant loss of market share [1]. - On July 9, 2025, WPP reported a deterioration in performance for Q2 2025, attributing this to macroeconomic uncertainty affecting client spending and weaker new business, partly due to ongoing restructuring of WPP Media (GroupM) [1]. Stock Performance - Following the trading update on July 9, 2025, 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 [1]. Next Steps for Shareholders - Shareholders who purchased WPP shares during the specified class period (February 27, 2025, to July 8, 2025) are encouraged to register for the class action, with a deadline to seek lead plaintiff status set for December 8, 2025 [2]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [2]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices and engage in good corporate citizenship [3].