WPP’s legal woes mount, but clients aren’t fleeing yet
Digiday’s Michael Bürgi, Seb Joseph reports that WPP faces a former exec’s kickback lawsuit, a class action alleging execs misled shareholders for 19 months, and a Sony probe finding WPP kept 80% of publisher rebates. Clients like Coca-Cola still praise the holdco publicly.
Why it matters. Prolonged discovery and disclosure obligations keep the rebate allegations in front of investors and clients for years, regardless of how the suits are resolved.
Signal from digiday.com · Michael Bürgi, Seb Joseph · read the original.
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