Charter Communications(CHTR)
Search documents
Shareholders of Charter Communications, Inc. Should Contact The Gross Law Firm Before October 14, 2025 to Discuss Your Rights - CHTR
Prnewswire· 2025-10-06 12:45
Core Viewpoint - The Gross Law Firm has initiated a class action lawsuit on behalf of shareholders of Charter Communications, Inc. (NASDAQ: CHTR) due to alleged misleading statements and omissions regarding the company's performance and the impact of the Affordable Connectivity Program (ACP) ending [1][2]. Group 1: Allegations - The lawsuit claims that Charter failed to disclose the significant impact of the ACP end, which contributed to declines in Internet customers and revenue [2]. - It is alleged that the company did not execute broader operations effectively to mitigate the adverse effects of the ACP ending [2]. - The complaint suggests that Charter's optimistic statements about its business operations and earnings growth lacked a reasonable basis, misleading investors during the class period [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as July 26, 2024, to July 24, 2025, during which shareholders who purchased Charter securities may be eligible for recovery [1][3]. - Shareholders are encouraged to register for the class action by the deadline of October 14, 2025, to participate in the case without any cost or obligation [3]. - Once registered, shareholders will receive updates on the case's progress through a portfolio monitoring software [3]. Group 3: Law Firm Background - The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceit and fraud in business practices [4]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [4].
CHTR SHAREHOLDER NOTICE: Charter Communications, Inc. Sued for Securities Fraud after 18% Stock Drop – Contact BFA Law by October 14 Legal Deadline
Globenewswire· 2025-10-06 12:36
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 a deadline for investors to seek lead plaintiff status by October 14, 2025 [2] Company Overview - Charter Communications is a leading broadband and cable operator that participated in the FCC's Affordable Connectivity Program (ACP), which subsidized high-speed internet for low-income households [3] - The ACP ended in June 2024 due to a lack of federal funding, resulting in customer declines for Charter [3] Financial Impact - Charter claimed to have 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 following the program's termination [4] Stock Performance - Following the announcement of its Q2 2025 financial results on July 25, 2025, Charter reported a decrease of 117,000 total internet customers, including approximately 50,000 disconnects related to the ACP's end [5] - The 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, reflecting the negative impact of the news [5]
CHTR INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Charter Communications
Globenewswire· 2025-10-06 03:18
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Charter Communications, Inc. due to allegations of violations of federal securities laws related to misleading statements and undisclosed impacts on the company's performance [4][6]. Group 1: Legal Investigation and Class Action - 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 made false and misleading statements regarding the impact of the end of the Affordable Connectivity Program (ACP) on internet customer declines and revenue [6]. - It is claimed that Charter failed to manage the consequences of the ACP ending, leading to a decline of 117,000 internet customers in Q2 2025, compared to a decline of about 100,000 in Q2 2024 [7]. Group 3: Financial Impact - Following the release of its Q2 2025 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].
Lead Plaintiff Deadline Approaching in FLR: Kessler Topaz Meltzer & Check, LLP Reminds Investors A Securities Fraud Class Action Has Been Filed Against Charter Communications, Inc. (CHTR)
Prnewswire· 2025-10-04 15:33
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 Allegations Against Defendants - The complaint claims that during the Class Period, Charter's management failed to disclose significant adverse facts about the company's operations, including the negative impact of the Affordable Connectivity Program's cancellation on Internet customer declines and revenue [2]. - It is alleged that Charter was not effectively managing the consequences of the ACP ending, leading to greater risks to business plans and earnings growth than previously reported [2]. - The lawsuit asserts that Charter's positive statements regarding its operational success and long-term growth trajectory were materially misleading and lacked a reasonable basis [2]. Lead Plaintiff Process - Investors in Charter can seek to be appointed as lead plaintiffs by October 14, 2025, or choose to remain absent class members [3]. - The lead plaintiff will represent the interests of all class members and select legal counsel to direct the litigation [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering significant amounts for victims of corporate misconduct [4].
CHTR LEGAL NOTICE: Charter Communications, Inc. Faces Securities Fraud Class Action due to Customer Decline – Contact BFA Law if You Lost Money
Globenewswire· 2025-10-04 11:07
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]. 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 earlier statements [4]. Group 4: Stock Performance - Following the announcement of its second quarter 2025 financial results on July 25, 2025, Charter reported a decrease of 117,000 total internet customers, including approximately 50,000 disconnects related to the ACP's end, nearly double from the previous quarter [5]. - The 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, reflecting the negative market reaction to the news [5].
ROSEN, A LEADING AND TOP RANKED LAW FIRM, Encourages Charter Communications, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CHTR
Globenewswire· 2025-10-03 20:57
Core Viewpoint - Rosen Law Firm is reminding investors who purchased Charter Communications, Inc. securities between July 26, 2024, and July 24, 2025, of the upcoming lead plaintiff deadline on October 14, 2025, for a class action lawsuit [1]. 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 Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by October 14, 2025 [3]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company at the time [4]. - The firm was ranked No. 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions for investors [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4]. Group 3: Case Allegations - The lawsuit alleges that Charter Communications made false or misleading statements regarding the impact of the Federal Communications Commission'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].
CHARTER COMMUNICATIONS LAWSUIT REMINDER: Bragar Eagel & Squire, P.C. Reminds Investors of Charter Communications of the October 24th Deadline and Urges Investors to Contact the Firm
Globenewswire· 2025-10-03 15:24
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 Internet customer declines and execution failures posed greater risks to business plans and earnings growth than reported, and that the company had no reasonable basis for its optimistic statements regarding operational success and EBITDA growth [7]. Financial Impact - On July 25, 2025, Charter reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, reflecting a 0.5% growth, alongside a loss of 117,000 Internet customers, which included approximately 50,000 disconnects due to the ACP's end [7]. - Following the announcement of these results, Charter's stock price fell by more than 18% [7].
Barclays Maintains a Sell Rating on Charter Communications (CHTR)
Yahoo Finance· 2025-10-03 10:37
Group 1 - Charter Communications, Inc. (NASDAQ:CHTR) is considered one of the most oversold large-cap stocks in 2025, with a Sell rating maintained by Barclays and a price target set at $275.00 [1] - In fiscal Q2 results reported on July 25, Charter Communications experienced a decrease of 117,000 total Internet customers, while total mobile lines increased by 500,000 [2] - As of June 30, Charter Communications serves 29.9 million Internet customers, 10.9 million mobile lines, and 31.2 million customer relationships, excluding mobile-only relationships [2][3] Group 2 - Charter Communications provides a range of broadband communications services, including Spectrum TV, Spectrum Internet, and Spectrum Voice, as well as data networking and business-to-business Internet access [3] - The company also offers video and music entertainment services, business telephone, and wireless backhaul [3]
Charter Communications, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - CHTR
Prnewswire· 2025-10-02 12:02
Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. for alleged violations of the Securities Exchange Act, specifically related to misleading statements about revenue and customer retention following the end of the Affordable Connectivity Program [1][2]. Summary by Sections Class Action Details - The class period for the lawsuit is from July 26, 2024, to July 24, 2025, with a deadline for lead plaintiff appointments set for October 13, 2025 [2]. - The complaint alleges that Charter made false and misleading statements regarding its ability to manage customer losses, which were not supported by reality [2]. Shareholder Participation - Shareholders who purchased shares during the specified class period are encouraged to contact the law firm for potential lead plaintiff appointments, although this is not a requirement for recovery [2][3]. - Once registered, shareholders will receive updates through a portfolio monitoring software at no cost [3]. Law Firm Background - DJS Law Group specializes in securities class actions and corporate governance litigation, focusing on enhancing investor returns through advocacy [4].
CHTR CLASS ALERT: BFA Law Urges Charter Communications, Inc. Investors to Contact the Firm by October 14 Lead Plaintiff Deadline
Globenewswire· 2025-10-02 11:15
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]. 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 due to the program's termination [4]. - In Q2 2025, Charter reported a decrease of 117,000 total internet customers, including approximately 50,000 disconnects related to the ACP's end, 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].