WPP plc American Depositary Shares (NYSE: WPP)
20 Days left to seek lead plaintiff status.
The WPP class action lawsuit alleges that defendants throughout the Class Period created the false impression that they possessed reliable information pertaining to WPP's projected revenue outlook and anticipated growth while also minimizing risk from seasonality and macroeconomic fluctuations. In truth, according to the complaint, WPP's optimistic reports of its potential to achieve new client bid wins and retain its existing clientele fell short of reality as WPP's media arm was not equipped to compete effectively and had begun to lose market share to its competitors.