Former CEO of Firm that Produces 'Love Island' Sues ad Agency for $100 Million
Richard Foster alleges he was fired after exposing undisclosed rebate schemes at GroupM, claiming the agency retained up to $2 billion improperly over five years.
6 Articles
6 Articles
A former WPP exec is suing the ad agency giant, claiming he was fired after flagging an alleged kickback operation
WPP, whose 3 World Trade Center, New York City, office is depicted in this photo, is being sued by a former executive who was fired from the advertising company this year.: Plexi Images/GHI/UCG/Universal Images Group via Getty ImagesA fired WPP exec claims in a lawsuit that the ad agency group retaliated against him.Richard Foster says he was fired after he raised concerns about alleged kickbacks.WPP said it would defend itself "vigorously" agai…
Former WPP exec files $100 million lawsuit over alleged kickbacks, improper rebates
New Delhi: WPP said it will “defend vigorously” a lawsuit filed by former senior executive Richard Foster, who is seeking more than $100 million in damages and alleges he was terminated after flagging an improper rebate and kickback scheme within the group’s media operation. The company said the claims are without merit. According to global news reports, Foster, who spent 17 years at WPP’s media arm and served as global CEO of Motion Content Gro…
Former WPP executive sues company for $100 million
A former senior executive at WPP has filed a lawsuit against the advertising giant, accusing it of firing him in retaliation after he raised concerns about alleged improper rebate practices within its media arm, according to a report by Business Insider. Richard Foster, who spent 17 years at GroupM, now rebranded as WPP Media, claims the agency’s trading division engaged in undisclosed “volume-based discounts.” These involved using the group’s l…
Principal media in the spotlight as WPP faces US lawsuit
A US lawsuit against WPP has thrust the controversial industry practice known as principal media into the spotlight.Richard Foster, a former senior executive at the holding company’s media arm, is suing WPP, alleging he was fired in retaliation for raising concerns that the division was running an improper kickback scheme, according to a Business Insider […]
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