An investigation on behalf of investors of WPP plc (NYSE: WPP) shares over potential securities laws violations by WPP plc (NYSE: WPP and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of WPP plc (NYSE: WPP) concerning whether a series of statements by WPP plc (NYSE: WPP regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

London based WPP plc provides various communications services worldwide. WPP plc reported that its annual Total Revenue rose from over $1.438 billion in 2016 to over $15.26 billion in 2017 and that its Net Income increased from over 1.4 billion in 2016 to over $1.81 billion in 2017.

On October 25, 2018, WPP plc announced that it is 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.

Shares of WPP plc (NYSE: WPP) declined from $119.12 per share in February 2017 to as low as $54.92 per share on October 29, 2018.