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WPP has filed a dollars 13 million legal complaint against Spot Runner, the web-based TV creative ad agency, for alleged securities fraud and breach of contract.
WPP is accusing Spot Runner of failing to disclose a stock sale to other shareholders, and is said to be angry that the company was boasting about WPP's stake in a bid to attract buyers.
The complaint, which was filed in early April, accused Spot Runner of perpetuating a 'pump and dump' ...