Plaintiff Firms Intensify Recruitment in WPP Securities Suit Ahead of Dec. 8 Lead-Applicant Deadline
The case stems from a July 9 trading update that preceded an 18% one-day plunge in WPP’s ADRs.
Overview
- The federal class action is pending in the Southern District of New York as Marty v. WPP plc, No. 25-cv-08365.
- The putative class covers purchases of WPP securities from February 27, 2025 through July 8, 2025.
- Complaints allege WPP and certain executives misled investors about 2025 revenue expectations and concealed problems at its media arm, GroupM.
- WPP’s July 9 update reported deteriorating Q2 performance, citing macro uncertainty, weaker net new business, and distraction from GroupM restructuring, and also disclosed the CEO’s planned Dec. 31, 2025 retirement.
- Multiple firms, including Rosen, Pomerantz, Kahn Swick & Foti, Faruqi & Faruqi, ClaimsFiler, and Portnoy, are soliciting investors to seek lead-plaintiff status, and no class has been certified or allegations adjudicated.