NEW YORK--(EON: Enhanced Online News)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of WPP plc (NASDAQ: WPPGY) resulting from allegations that WPP may have issued materially misleading business information to the investing public.
“three of its subsidiaries have received subpoenas from the U.S. Department of Justice Antitrust Division concerning the Division’s ongoing investigation of video production and post-production practices in the advertising industry.”
On December 6, 2016, The Wall Street Journal reported that the U.S. Department of Justice was investigating possible price-fixing in video-advertising production, naming WPP as a possible “subject of the government’s inquiry.”
On December 19, 2016, WPP confirmed that “three of its subsidiaries have received subpoenas from the U.S. Department of Justice Antitrust Division concerning the Division’s ongoing investigation of video production and post-production practices in the advertising industry.”
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by WPP investors. If you purchased shares of WPP on or before December 19, 2016, please visit the firm’s website at http://www.rosenlegal.com/cases-1075.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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