SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of WPP plc (WPP)
NEW YORK, Oct. 26, 2018 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of WPP plc (“WPP” or the “Company”) (NYSE: WPP). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/wpp.
The investigation concerns whether WPP and certain of its officers and/or directors have violated federal securities laws.
On October 25, 2018, WPP issued a press release, significantly lowering its full-year profit outlook. The Company advised investors that full-year operating margins would slide 100 basis points to 1.5% on a net sales decline of 1% from 2017. WPP further announced that Paul Richardson, WPP’s Group Finance Director since 1996, would retire from the Company. Following this news, WPP’s American depositary receipt price fell $12.11 per share, or 17.3%, to close at $57.90 on October 25, 2018.
If you are aware of any facts relating to this investigation, or purchased WPP shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/wpp. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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