Core Points - Spectrum News has reached an agreement with Comcast to expand its distribution to Xfinity TV customers in Connecticut, Northern New Jersey, Orlando, and Tampa [1][5] - The expansion aims to provide community-driven reporting and unbiased local journalism, addressing the shrinking local news coverage across the country [2] - Spectrum News features 24/7 coverage of local and national stories, breaking news, political coverage, and local weather [2] Company Overview - Spectrum Networks is owned and operated by Charter Communications, Inc., serving over 57 million homes and businesses in 41 states [3] - The network operates more than 30 distinct local programming channels and has launched various platforms, including a streaming news network and a mobile news app with over 5.5 million downloads [2][3] - Spectrum News is committed to making its content accessible across multiple platforms, including connected TV apps on Xumo Stream Box, Roku, and Apple TV [2]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Charter Communications, Inc. due to allegations of misleading statements and failure to disclose material events affecting the company's performance, particularly related to customer declines and revenue impacts from the end of the Affordable Connectivity Program [4][6]. Group 1: Legal Investigation - The firm is reminding investors of the October 13, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against Charter [4]. - Investors who suffered losses in Charter between July 26, 2024, and July 24, 2025, are encouraged to contact the firm to discuss their legal rights [1][4]. Group 2: Allegations Against Charter - The complaint alleges that Charter and its executives violated federal securities laws by making false or misleading statements regarding the impact of the Affordable Connectivity Program's end, which was not managed effectively [6]. - Specific allegations include that the decline in internet customers and revenue was not adequately addressed by the company's operational strategies, leading to greater risks than reported [6]. Group 3: Financial Impact - Charter reported a decline of 117,000 total internet customers in Q2 2025, compared to a decline of about 100,000 in Q2 2024, adjusted for the Affordable Connectivity Program's end [7]. - Following the release of these financial results, Charter's stock price fell by $70.25 per share, or 18.5%, closing at $309.75 per share on July 25, 2025 [7].

Core Insights - LRT Capital Management's "LRT Global Opportunities Strategy" reported a net return of -8.00% for September 2025, with a year-to-date return of -0.17%, indicating a challenging month due to market dynamics [1] - The strategy employs a systematic long/short approach to generate positive returns while managing downside risks and maintaining low net exposure to equity markets [1] Company Overview: Charter Communications, Inc. - Charter Communications, Inc. (NASDAQ:CHTR) is a major broadband connectivity and cable operator in the U.S., providing services under the Spectrum brand [3] - The company reported a one-month return of 5.13%, but its shares have decreased by 17.23% over the past 52 weeks [2] - As of October 7, 2025, Charter's stock closed at $276.48 per share, with a market capitalization of $37.765 billion [2] Competitive Position - Charter's business model is supported by a robust hybrid fiber-coaxial network infrastructure, which serves as a competitive advantage [3] - The network reaches over 57 million homes and businesses across 41 states, providing Charter with significant scale and a durable position in the telecommunications sector [3]

Core Points - A lawsuit has been filed against Charter Communications, Inc. and certain senior executives for potential violations of federal securities laws [1][2] - The lawsuit is based on claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, with the case pending in the U.S. District Court for the Southern District of New York [2] Company Overview - 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] Financial Impact - During the relevant period, Charter claimed to have successfully managed the impact of the ACP's end, stating that the effects were behind them [4] - However, the company continued to experience declines in internet customers and revenue due to the program's termination [4] Stock Performance - On July 25, 2025, Charter reported a decrease of 117,000 total internet customers in Q2 2025, including approximately 50,000 disconnects related to the end of the ACP, nearly double 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]

Core Insights - Spectrum, operated by Charter Communications, is experiencing significant customer losses due to the increasing trend of cord-cutting, where consumers are abandoning cable services for streaming platforms [1] - The company reported a notable decline in both cable TV and internet customers, with a loss of approximately 117,000 internet customers in Q2 2025, which is nearly 6% higher than the previous year [2] - The end of the Affordable Connectivity Program (ACP) has contributed to an increase in nonpayment among customers, leading to higher service disconnections [3][4] Customer Losses - Spectrum's internet customer losses have escalated, particularly after the discontinuation of the ACP, which provided discounts to eligible customers [5] - The company faces a class action lawsuit from shareholders, alleging that it misled them regarding its ability to manage the impact of the ACP program's end [6] - Charter executives previously claimed that the loss of ACP customers was under control, despite the significant impact observed in customer retention [7][8]

Core Insights - Charter Communications (NASDAQ: CHTR) is characterized as a leveraged equity play, utilizing fixed-rate debt, stable cash flows, and high returns on hard assets [1] - The company has 89% of its debt locked at a fixed rate of 5.2%, with a weighted average cost of capital (WACC) near 6%, indicating a favorable financial structure [1] - The return on invested capital (ROIC) for CHTR exceeds its WACC, suggesting efficient capital utilization and potential for value creation [1]

Core Insights - Charter Communications (NASDAQ: CHTR) is characterized as a leveraged equity play, utilizing fixed-rate debt, stable cash flows, and high returns on hard assets [1] - The company has 89% of its debt locked at a fixed rate of 5.2%, with a weighted average cost of capital (WACC) near 6%, indicating a favorable financial structure [1] - The return on invested capital (ROIC) for CHTR exceeds its WACC, suggesting efficient capital utilization and potential for value creation [1]

Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and its executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [4][5]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., No. 25-cv-06747 (S.D.N.Y.) and involves purchasers or acquirers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff in the lawsuit [2][6]. Group 2: Allegations Against Charter Communications - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, which led to a decline in Internet customers and revenue [4]. - It is alleged that the company did not execute broader operations effectively to compensate for the ACP's end, resulting in greater risks to business plans and earnings growth than reported [4]. - The lawsuit highlights that Charter Communications had no reasonable basis for optimistic statements regarding its operations and EBITDA growth [4]. Group 3: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, indicating a growth of 0.5%, alongside a loss of 117,000 Internet customers, which included approximately 50,000 disconnects due to the ACP's end [5]. - Following this announcement, Charter Communications' stock price fell by more than 18% [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [7].

Core Viewpoint - A securities class action lawsuit has been filed against Charter Communications, Inc. for allegedly making materially false and misleading statements regarding its business operations and the impact of the Affordable Connectivity Program cancellation on its performance [1][2]. Summary by Sections Lawsuit Details - The lawsuit is on behalf of investors who purchased Charter securities, including call options and sellers of put options, between July 26, 2024, and July 24, 2025 [1]. - The lead plaintiff deadline is set for October 14, 2025 [1]. Allegations Against Defendants - The complaint alleges that Charter's management failed to disclose significant adverse facts about the company's business and operations, particularly regarding the cancellation of the Affordable Connectivity Program (ACP) [2]. - Specific allegations include: - The cancellation of the ACP was a material event that Charter could not manage effectively [2]. - The end of the ACP had a sustained negative impact on Internet customer declines and revenue [2]. - Charter's operational strategies were inadequate to compensate for the effects 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 reported [2]. - Charter had no reasonable basis for claiming successful operational execution or optimistic long-term growth projections [2]. Lead Plaintiff Process - Investors may seek to be appointed as a lead plaintiff representative of the class by the deadline of October 14, 2025 [3]. - The lead plaintiff will represent all class members in directing the litigation and selecting counsel [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has recovered billions for victims of corporate misconduct [4].

Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. for allegedly making false or misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected the company's Internet customer base and revenue [7]. Allegation Details - The lawsuit claims that Charter failed to disclose the material impact of the ACP's end, which led to a decline in Internet customers and revenue. It also alleges that the company did not manage or adapt its operations effectively to mitigate these impacts [7]. - Specific allegations include that Charter's execution strategy was inadequate, leading to greater risks to business plans and earnings growth than reported [7]. Financial Impact - On July 25, 2025, Charter reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, reflecting a growth of only 0.5%. The company also reported a loss of 117,000 Internet customers, which included approximately 50,000 disconnects related to the ACP's end [7]. - Following the announcement of these results, Charter's stock price fell by more than 18% [7]. Next Steps - Investors who purchased Charter securities between July 26, 2024, and July 24, 2025, and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for potential legal action [4][8].