Charter Communications(CHTR)
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CHARTER COMMUNICATIONS INVESTORS: Charter has been Sued for Securities Fraud after Significant Customer Decline -- Contact BFA Law by October 14 Court Deadline
Globenewswire· 2025-09-18 12:46
Core Viewpoint - A lawsuit has been filed against Charter Communications, Inc. and certain senior executives for potential violations of federal securities laws, particularly related to the impact of the Affordable Connectivity Program's termination on the company's customer base and earnings [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, captioned Sandoval v. Charter Communications, Inc., No. 1:25-cv-06747, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. - Investors have until October 14, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - Charter is a leading broadband and cable operator that participated in the FCC's Affordable Connectivity Program (ACP), which provided funding to subsidize high-speed internet plans for low-income households [3]. - The ACP ended in June 2024 due to a lack of federal funding, leading to customer declines for Charter [3]. Group 3: Financial Impact - During the relevant period, Charter claimed to have successfully managed the risks associated with the end of the ACP, stating that the impact was behind them [4]. - However, the company continued to experience declines in internet customers and revenue, contradicting its public statements [4]. - In Q2 2025, Charter reported a decrease of 117,000 total internet customers, with approximately 50,000 disconnects attributed to the end of the ACP, nearly double the disconnects from the previous quarter [5]. - Following this announcement, Charter's stock price fell by $70.25 per share, or 18.4%, from $380.00 on July 24, 2025, to $309.75 on July 25, 2025 [5].
Contact The Gross Law Firm by October 14, 2025 Deadline to Join Class Action Against Charter Communications, Inc.(CHTR)
Prnewswire· 2025-09-18 12:45
Core Viewpoint - The Gross Law Firm has announced a class action lawsuit on behalf of shareholders of Charter Communications, Inc. (NASDAQ: CHTR) for alleged misleading statements and failure to disclose material information during a specified class period [1][2]. Allegations - The lawsuit claims that Charter Communications failed to manage the impact of the Affordable Connectivity Program (ACP) ending, which significantly affected Internet customer declines and revenue [2]. - It is alleged that the company did not execute broader operations effectively to compensate for the negative impact of the ACP ending [2]. - The decline in Internet customers and the failure of Charter's execution strategy posed greater risks to business plans and earnings growth than what was reported [2]. - The company allegedly lacked a reasonable basis for its positive statements regarding business operations and long-term growth during the class period [2]. Class Action Details - The class period for the lawsuit is from July 26, 2024, to July 24, 2025 [1]. - Shareholders are encouraged to register for the class action by October 14, 2025, to participate in potential recovery [3]. - There is no cost or obligation for shareholders to register and participate in the case [3]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceit and illegal business practices [4].
Bernstein Lowers the PT on Charter Communications (CHTR), Keeps a Buy
Yahoo Finance· 2025-09-16 15:55
Core Viewpoint - Charter Communications, Inc. (NASDAQ:CHTR) is identified as a top large-cap stock to buy at a 52-week low, with a price target adjustment from $380 to $350 while maintaining an Overweight rating [1][2]. Company Analysis - The analyst anticipates increased competition in the telecommunications sector, which could impact companies like Charter Communications significantly, depending on their strategic responses [2][3]. - Charter Communications must manage pricing, customer volume, and marketing costs effectively, although this will be challenging due to rising competitive pressures [3]. Industry Context - The competitive landscape is expected to strengthen some companies through potential mergers, indicating a dynamic environment for Charter Communications [2].
Charter Communications (CHTR) Launches Internet, Mobile, TV, and Voice Services in Scott County, Kentucky.
Yahoo Finance· 2025-09-16 15:42
Group 1 - Charter Communications, Inc. (NASDAQ:CHTR) has launched its Internet, Mobile, TV, and Voice services to over 5,100 homes and businesses in Scott County, Kentucky [1] - This expansion is part of Spectrum's multi-year rural construction initiative, which is backed by over $7 billion in private investment, aiming to add over 100,000 miles of fiber infrastructure nationwide [2] - The Scott County project represents Spectrum's first county-wide broadband expansion in the Midwest, involving a $15.3 million investment, with $3 million funded through a National Telecommunications and Information Administration award [3] Group 2 - Charter Communications, Inc. operates under the Spectrum brand and is a leading broadband connectivity company and cable operator in the US, serving more than 57 million homes and businesses across 41 states [3]
SPECTRUM MARKS ONE YEAR OF INDUSTRY-FIRST CUSTOMER COMMITMENT ACCOMPLISHMENTS
Prnewswire· 2025-09-16 15:00
Core Insights - Spectrum has implemented a Customer Commitment initiative aimed at enhancing customer experience through reliable service, money-back guarantees, and continuous improvement [2][3] Service Improvements - Over the past year, Spectrum has made significant advancements in customer service, including faster service and installation appointments, improved pricing transparency, and enhanced product offerings [3][8] - Spectrum technicians are now responding to residential installation and repair calls within two hours, with a commitment to same-day repairs if contacted before 5 p.m. [3][8] - The company has activated its Community Response system during significant weather events to provide free connectivity to affected communities [4] Pricing and Value - Spectrum launched price guarantees of up to three years, leading to an increase in new customers opting for Spectrum Gig service, which has nearly doubled [5][6] - Customers can save hundreds to over $1,000 annually by bundling Spectrum Internet and Spectrum Mobile services [6] Customer Satisfaction - The improvements in service and pricing transparency have resulted in a 16% decrease in customer billing calls year-over-year, indicating higher customer satisfaction [6][8] - Spectrum's 100% U.S.-based customer service agents are available 24/7, supported by significant investments in technology and workforce [7][10] Network Expansion - Spectrum is expanding its Fiber Broadband Network with over $7 billion in private investment, aiming to add more than 100,000 miles of fiber infrastructure and deliver multi-gigabit speeds to over 1.7 million new locations by 2027 [9][10] - The company is recognized as the largest and fastest-growing rural broadband service provider in the U.S. [9] Product Enhancements - Spectrum has introduced a Repair and Replacement Premium for Spectrum Mobile customers, offering comprehensive device protection [14]
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Charter Communications, Inc.(CHTR) Shareholders
Prnewswire· 2025-09-16 12:45
Accessibility StatementSkip Navigation NEW YORK, Sept. 16, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Charter Communications, Inc. ("Charter Communications, Inc." or the "Company") (NASDAQ: CHTR) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Charter Communications, Inc. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons and entities who purchased or otherwise acquired Cha ...
CHTR LEGAL NEWS: Charter Communications, Inc. Faces Securities Class Action after 18% Stock Drop -- Contact BFA Law by October 14 Court Deadline
Globenewswire· 2025-09-16 12:33
Core Viewpoint - A lawsuit has been filed against Charter Communications, Inc. and certain senior executives for potential violations of federal securities laws, particularly related to the impact of the Affordable Connectivity Program's termination on the company's customer base and earnings [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, captioned Sandoval v. Charter Communications, Inc., No. 1:25-cv-06747, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. - Investors have until October 14, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - Charter Communications is a leading broadband and cable operator that participated in the FCC's Affordable Connectivity Program (ACP), which provided funding to subsidize high-speed internet plans for low-income households [3]. - The ACP ended in June 2024 due to a lack of federal funding, leading to customer declines for Charter [3]. Group 3: Financial Impact - Charter claimed to have successfully managed the end of the ACP and stated that the impact was behind them; however, the company continued to experience declines in internet customers and revenue [4]. - In Q2 2025, Charter reported a decrease of 117,000 total internet customers, with approximately 50,000 disconnects attributed to the end of the ACP, nearly double the disconnects from the previous quarter [5]. - Following the announcement of these results, Charter's stock price fell by $70.25 per share, or 18.4%, from $380.00 on July 24, 2025, to $309.75 on July 25, 2025 [5].
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Charter Communications, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CHTR
Globenewswire· 2025-09-15 22:04
Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased securities of Charter Communications, Inc. during the specified Class Period, alleging misleading statements and failure to disclose material events affecting the company's performance [1][5]. Group 1: Lawsuit Details - The class action lawsuit covers purchasers of Charter Communications securities and options between July 26, 2024, and July 24, 2025 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must be appointed by October 13, 2025, to represent other class members in the litigation [3]. Group 2: Allegations Against Charter Communications - The lawsuit claims that Charter Communications failed to manage the impact of the FCC's Affordable Connectivity Program (ACP) ending, which significantly affected Internet customer declines and revenue [5]. - It is alleged that Charter did not execute broader operations effectively to compensate for the ACP's end, leading to greater risks on business plans and earnings growth than reported [5]. - The defendants are accused of making overly optimistic statements about the company's operations and long-term growth trajectory without a reasonable basis [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4]. - Many attorneys at the firm have received recognition from Lawdragon and Super Lawyers, highlighting their expertise in this area [4].
Charter Communications, Inc. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before October 14, 2025 to Discuss Your Rights – CHTR
Globenewswire· 2025-09-15 20:02
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Charter Communications, Inc. regarding a class action lawsuit due to alleged misleading statements and omissions related to the company's performance and the impact of the Affordable Connectivity Program ending [1][4]. Group 1: Class Action Details - The class period for the lawsuit is from July 26, 2024, to July 24, 2025, during which shareholders who purchased Charter securities or options are encouraged to participate [3]. - Shareholders are advised to register for the class action by October 14, 2025, to be eligible for potential recovery [5]. Group 2: Allegations Against Charter Communications - The complaint alleges that Charter failed to disclose the significant impact of the Affordable Connectivity Program's end, which affected Internet customer declines and revenue [4]. - It is claimed that the company did not execute broader operations effectively to mitigate the impact of the ACP ending, leading to greater risks to business plans and earnings growth than reported [4]. - The lawsuit asserts that Charter's positive statements regarding its operations and long-term growth lacked a reasonable basis, misleading investors about the company's actual performance [4].
CHTR Announcement: Contact Kessler Topaz Meltzer & Check, LLP About the Securities Fraud Class Action Lawsuit Filed Against Charter Communications, Inc. (CHTR)
Prnewswire· 2025-09-15 14:30
CLICK HERE TO SIGN UP FOR THE CASE OR GO TO: https://www.ktmc.com/new-cases/charter- communications-inc?utm_source=PR_Newswire&mktm=PR Accessibility StatementSkip Navigation RADNOR, Pa., Sept. 15, 2025 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com)  informs investors that a securities class action lawsuit has been filed against Charter Communications, Inc. ("Charter") (NASDAQ: CHTR) on behalf of those who purchased or otherwise acquired Charter securities, including p ...