WPP Securities Class Action Advances as Firms Court Investors Before Dec. 8 Lead-Plaintiff Deadline
Investors have until December 8 to seek appointment as lead plaintiff in the Southern District of New York case.
Overview
- Multiple complaints cover purchases of WPP ADSs or shares from February 27, 2025 through July 8, 2025.
- Plaintiffs allege WPP and certain executives misled investors about the condition and competitiveness of its media arm, known as GroupM or WPP Media.
- The action is pending in the U.S. District Court for the Southern District of New York as Marty v. WPP plc, 25-cv-08365.
- WPP’s July 9, 2025 trading update cited deteriorating Q2 performance and disruption from restructuring the media unit, and the ADR fell about 18% to close at $29.34 that day.
- Pomerantz, Rosen Law, Kahn Swick & Foti, and Faruqi & Faruqi are soliciting potential class members ahead of the lead-plaintiff motion deadline, with notices emphasizing that no class has been certified.