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Charter Communications, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – CHTR
Businesswire· 2025-09-26 15:40
LOS ANGELES--(BUSINESS WIRE)--Charter Communications, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – CHTR. ...
CHTR SHAREHOLDER ALERT: Charter Communications, Inc. Investors may have been Affected by Fraud -- Contact BFA Law by October 14 Legal Deadline
Globenewswire· 2025-09-26 12:05
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, which provided funding to subsidize high-speed internet plans for low-income households [3]. - The Affordable Connectivity Program 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 Affordable Connectivity Program, stating that the impact was behind them; however, the company continued to experience declines in internet customers and revenue [4]. - In the second quarter of 2025, Charter reported a decrease of 117,000 total internet customers, including approximately 50,000 disconnects related to the end of the program, 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].
Investors in Charter Communications, Inc. Should Contact Levi & Korsinsky Before October 14, 2025 to Discuss Your Rights – CHTR
Globenewswire· 2025-09-25 20:38
Core Viewpoint - A class action securities lawsuit has been filed against Charter Communications, Inc. alleging securities fraud affecting investors who acquired Charter securities between July 26, 2024, and July 24, 2025 [1][2]. Summary by Sections Class Definition - The lawsuit aims to recover losses for investors adversely affected by alleged securities fraud during the specified period, including those who purchased or acquired Charter securities, call options, or sold put options [2]. Case Details - The complaint alleges that the defendants made false statements and concealed critical information regarding the impact of the Affordable Connectivity Program (ACP) ending, which was not managed effectively by the Company - It is claimed that the end of the ACP had a significant negative impact on Internet customer declines and revenue, and the Company failed to execute broader operations to mitigate these effects - The allegations suggest that the Company misrepresented its operational success and growth potential, leading to misleading positive statements about its business and earnings growth [3]. Next Steps - Investors who suffered losses during the relevant timeframe have until October 14, 2025, to request appointment as lead plaintiff, with no costs required to participate in the class action [4]. Why Levi & Korsinsky - Levi & Korsinsky has a strong track record in securing compensation for shareholders and is recognized as one of the top securities litigation firms in the United States, with extensive expertise in complex securities litigation [5].
Charter Communications, Inc. Class Action: The Gross Law Firm Reminds Charter Communications, Inc. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 14, 2025 - CHTR
Prnewswire· 2025-09-25 12:45
Accessibility StatementSkip Navigation CLASS PERIOD: This lawsuit is on behalf of all persons and entities who purchased or otherwise acquired Charter securities, purchased call options on Charter common stock, or sold put options on Charter common stock, between July 26, 2024, and July 24, 2025, inclusive. ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) the impact of the Affordable Connectiv ...
ROSEN, A LONGSTANDING LAW FIRM, Encourages Charter Communications, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CHTR
Globenewswire· 2025-09-24 23:49
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Charter Communications securities between July 26, 2024, and July 24, 2025, of the upcoming lead plaintiff deadline on October 13, 2025, for a class action lawsuit [1][3]. Group 1: Class Action Details - Investors who purchased Charter Communications securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties can join by contacting the law firm [3][6]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [4]. Group 2: Case Allegations - The lawsuit alleges that Charter Communications made false or misleading statements regarding the impact of the FCC's Affordable Connectivity Program (ACP) ending, which affected Internet customer declines and revenue [5]. - It is claimed that Charter failed to manage the consequences of the ACP ending and did not execute operations effectively to mitigate its impact [5]. - The lawsuit asserts that Charter's optimistic statements about its business operations and earnings growth lacked a reasonable basis, leading to investor damages when the true situation was revealed [5].
CHTR Class Action Alert: Kessler Topaz Meltzer & Check, LLP Reminds Charter Communications, Inc. (CHTR) Shareholders of Securities Fraud Class Action Lawsuit Deadline
Globenewswire· 2025-09-24 16:45
RADNOR, Pa., Sept. 24, 2025 (GLOBE NEWSWIRE) -- 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 purchasers of call options, or sellers of put options, between July 26, 2024, and July 24, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is October 14, 2025. ...
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Charter Communications
Prnewswire· 2025-09-24 13:50
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Charter To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $100,000 in Charter between July 26, 2024 and July 24, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 Â (Ext. 1310). [You may also click here for additional information] NEW YORK , Sept. ...
CHTR LAWSUIT ALERT: Charter Communications, Inc. is Being Sued for Securities Fraud after Customer Decline Leads to 18% Stock Drop – Investors Urged to Contact BFA
Globenewswire· 2025-09-24 12:47
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 revenue [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, and claims are made 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 - 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 earlier statements [4]. - In the second quarter of 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].
Charter to Hold Webcast to Discuss Third Quarter 2025 Financial and Operating Results
Prnewswire· 2025-09-22 20:30
Core Viewpoint - Charter Communications, Inc. will host a webcast on October 31, 2025, at 8:30 a.m. [1] Company Information - The webcast is part of the company's ongoing communication strategy to engage with stakeholders [1]
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of October 14, 2025 in Charter Communications, Inc. Lawsuit – CHTR
Globenewswire· 2025-09-22 19:55
Core Viewpoint - A class action securities lawsuit has been filed against Charter Communications, Inc. alleging securities fraud that adversely affected investors during a specific time frame [1][2]. Class Definition - The lawsuit represents all individuals and entities who purchased or acquired Charter securities, including call options and put options, between July 26, 2024, and July 24, 2025 [2]. Case Details - The complaint alleges that Charter Communications made false statements regarding the impact of the Affordable Connectivity Program (ACP) ending, which was not managed effectively by the Company [3] - It is claimed that the end of the ACP had a significant and sustained negative impact on Internet customer declines and revenue [3] - The Company reportedly failed to execute broader operations to compensate for the adverse effects of the ACP ending, leading to greater risks to business plans and earnings growth than disclosed [3] - The lawsuit asserts that the Company had no reasonable basis for its positive statements about its operations and long-term growth trajectory during the class period [3]. Next Steps - Investors who suffered losses during the relevant time frame have until October 14, 2025, to request appointment as lead plaintiff, although participation does not require this role [4]. Why Levi & Korsinsky - Levi & Korsinsky has a strong track record in securing compensation for shareholders and is recognized as one of the top securities litigation firms in the United States [5].