Four More Class Action Suits Filed Against Omnicom

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NEW YORK — Four more class-action lawsuits have been filed against Omnicom in the wake of recent stock volatility, bringing the number of suits to six.

The actions, announced yesterday, allege that the company made “material misrepresentations” to shareholders related to certain of the company’s accounting practices and its handling of the transfer of Internet assets into a newly-formed entity called Seneca.

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