A securities class action has been filed in the USDC – S.D.N.Y. against WPP Plc (WPP) (“WPP” or the “Company”), on behalf of all persons and entities that purchased or otherwise acquired WPP securities between February 27, 2025, and July 8, 2025, both dates inclusive (the “Class Period”).
WPP is a global communications company that offers advertising, media management, consultancy, public relations, as well as branding and identity services worldwide.
WPP Media, formerly GroupM, media arm of WPP, which uses data analytics and newer AI technologies to create, plan, and buy integrated media campaigns for its global clients.
The complaint alleges defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of WPP’s media arm; notably, that it was not truly equipped to handle the ongoing macroeconomic challenges while competing effectively and had instead begun to lose significant market share to its competitors. Such statements absent these material facts caused Plaintiff and other shareholders to purchase WPP’s securities at artificially inflated prices.
The price of WPP’s common stock declined dramatically. From a closing market price of $35.82 per share on July 8, 2025, WPP’s stock price fell to $29.34 per share on July 9, 2025, a decline of about 18.1% in the span of just a single day.
If you purchased WPP securities during the Class Period and would like to receive more information or join the action, please enter your contact information below for a FREE consultation and click “Submit Your Information”.