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Charter Communications, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before October 14, 2025 to Discuss Your Rights – CHTR
Globenewswire· 2025-09-18 20:38
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 failure to disclose material information during a specified class period [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 urged 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 manage the impact of the Affordable Connectivity Program (ACP) ending, which significantly affected Internet customer declines and revenue [4]. - It is claimed that Charter's operational strategies were inadequate to compensate for the negative effects of the ACP ending, leading to greater risks to business plans and earnings growth than reported [4]. - The lawsuit asserts that Charter had no reasonable basis for its positive statements regarding business operations and long-term growth during the class period [4].
CHTR Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Charter Communications, Inc. (CHTR) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit
Globenewswire· 2025-09-18 16:50
RADNOR, Pa., Sept. 18, 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. ...
CHTR INVESTOR ALERT: Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-09-18 16:40
SAN DIEGO , Sept. 18, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that the Charter Communications class action lawsuit – captioned Sandoval v. ...
National Advertising Division Finds Certain “AT&T Guarantee” Claims Supported; Recommends Other Claims be Modified or Discontinued
Globenewswire· 2025-09-18 14:22
Core Points - The National Advertising Division (NAD) upheld AT&T's "AT&T Guarantee" for internet and wireless connectivity outages in response to a challenge from Charter Communications [1] - NAD recommended modifications to other claims related to the "AT&T Guarantee" found on AT&T's website and in March Madness commercials [2] Summary by Sections Knowing You Exist Commercials - The commercials feature life situations that are "not guaranteed" and introduce the AT&T guarantee, emphasizing connectivity, deals, and service [3] - NAD concluded that consumers are unlikely to interpret the guarantee as covering all outages, understanding that "making it right" pertains only to covered outages [4] March Madness Commercials - Charter challenged a series of commercials aired during NCAA March Madness, which set up a contrast between "not guaranteed" situations and the AT&T guarantee [5] - The commercials suggest that outages will be fixed quickly and that customers will receive compensation, with claims of "NETWORK INTERRUPTIONS FIXED FAST" and "GET A FULL DAY OF CREDIT" [6] Disclosure Issues - NAD found that the existing disclosure of material limitations to the guarantee was not clear and conspicuous due to its small font and busy visuals [7] - The guarantee's promise of quick fixes is not supported, as outages must last at least 20 or 60 minutes to qualify for compensation, which could be disruptive [8] Recommendations for AT&T - NAD recommended that AT&T clearly disclose the limitations of the guarantee and modify advertising to avoid misleading messages about fixing all outages quickly [9][12] - The first reference to the AT&T guarantee on the website was found to lack accompanying disclosures, leading to recommendations for clearer communication [11] First and Only Claims - NAD determined that AT&T's claims of being the "first and only carrier" to provide guarantees for wireless and fiber networks were unsubstantiated [13] - AT&T did not provide evidence to support these claims, and NAD recommended discontinuation of such statements [14]
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
Core Viewpoint - A class action securities lawsuit has been filed against Charter Communications, Inc. alleging securities fraud affecting investors during a specific time frame [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased or acquired Charter securities, including call options and put options, between July 26, 2024, and July 24, 2025 [2]. - The complaint alleges that the company 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 negative impact on internet customer declines and revenue, which the company failed to address adequately [3]. Group 2: Company Operations and Misstatements - The lawsuit asserts that Charter Communications did not execute broader operations effectively to compensate for the adverse effects of the ACP ending [3]. - The decline in internet customers and the company's execution failures posed greater risks to business plans and earnings growth than previously reported [3]. - The defendants allegedly misled investors by providing overly optimistic statements about the company's operations and long-term growth trajectory without a reasonable basis [3]. Group 3: Next Steps for Investors - 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]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 4: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [5]. - The firm is recognized as one of the top securities litigation firms in the United States, ranking in ISS Securities Class Action Services' Top 50 Report for seven consecutive years [5].