WPP plc

Case Overview
60 Days Left to Seek Lead Plaintiff
Lead Plaintiff Deadline: | Lead Plaintiff Deadline: 12/08/2025 |
Status: | Status: Investigating |
Company Name: | Company Name: WPP plc |
Court: | Court: Southern District of New York |
Case Number: | Case Number: 1:25cv08365 |
Class Period: | Class Period: 02/27/2025 - 07/08/2025 |
Ticker: | Ticker: WPP |
Related Attorneys: | Lead Attorneys: Thomas W. Elrod |
Related Practices: | Related Practices: Securities |
The lawsuit alleges that WPP provided false and/ misleading information concerning WPP’s expected revenue for the fiscal year 2025. Defendants’ statements included, among other things, confidence in the Company’s continued efforts to revitalize and simplify its media division to obtain new wins and retain clientele, repeated claims that the “ramp-up of new wins” and ongoing sales to existing clients would offset lost clientele, and a continued emphasis on the Company’s self-proclaimed “cautious” guidance that purportedly accounted for “broad macro uncertainty.” Defendants provided these 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.