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CHTR INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-08-30 01:00
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 [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., and it 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 [1][5]. - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, leading to significant customer declines and revenue issues [3]. Group 2: 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% [4]. - The company experienced a decline of 117,000 Internet customers, with approximately 50,000 disconnects attributed to the end of the ACP [4]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in the class action lawsuit and is recognized as a leading law firm in securities fraud and shareholder litigation [6]. - The firm has secured over $2.5 billion for investors in securities-related class action cases in 2024, ranking first in monetary relief for investors [6].
Shareholders that lost money on Charter Communications, Inc.(CHTR) should contact The Gross Law Firm about pending Class Action - CHTR
Prnewswire· 2025-08-26 12:45
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][2]. 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 [1]. - The deadline for shareholders to register for the class action and seek lead plaintiff status is October 14, 2025 [3]. 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 [2]. - It is claimed that Charter did not execute broader operations effectively to compensate for the ACP's impact, leading to greater risks to business plans and earnings growth than 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]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights who have suffered losses due to deceit and illegal business practices, emphasizing the importance of responsible corporate behavior [4].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Charter Communications, Inc. of Class Action Lawsuit and Upcoming Deadlines - CHTR
Prnewswire· 2025-08-26 02:00
Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. for alleged securities fraud and unlawful business practices [2][3]. Financial Performance - Charter reported EBITDA of $5.7 billion for Q2 2025, indicating a 0.5% year-over-year growth, which was primarily due to a $45 million one-time benefit to "other revenue" [3]. - Excluding this one-time benefit, EBITDA would have missed consensus estimates by 2.4% and reflected a decline of 0.3% year-over-year [3]. - The company experienced a decrease of 117,000 Internet customers in Q2 2025, nearly double the loss of 66,000 customers in the previous quarter and an increase from a loss of 99,000 customers in Q2 2024 [3]. Stock Market Reaction - Following the financial results announcement, Charter's stock price fell by $70.25 per share, or 18.4%, closing at $309.75 per share on July 25, 2025 [4].
CHTR Investor Alert: Contact Kessler Topaz Meltzer & Check, LLP About the Securities Fraud Class Action Lawsuit Filed Against Charter Communications, Inc. (CHTR)
GlobeNewswire News Room· 2025-08-25 22:56
RADNOR, Pa., Aug. 25, 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. ...
Charter Communications, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before October 14, 2025 to Discuss Your Rights – CHTR
GlobeNewswire News Room· 2025-08-25 20:54
Core Viewpoint - A class action securities lawsuit has been filed against Charter Communications, Inc. alleging securities fraud that adversely affected investors during a specified period [1][2]. Group 1: Lawsuit Details - The lawsuit seeks 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 defendants made false statements and concealed significant issues related to the impact of the Affordable Connectivity Program (ACP) ending, which affected Internet customer declines and revenue [3]. - It is claimed that Charter was unable to manage the impact of the ACP end, leading to greater risks on business plans and earnings growth than reported [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until October 14, 2025, to request to be appointed as lead plaintiff, although participation does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].
SPECTRUM REACH ACQUIRES SHOWSEEKER
Prnewswire· 2025-08-25 19:30
Deal Will Transform Media Buying for U.S. AdvertisersKey Takeaways: Integration streamlines media buying for advertisers, enhancing efficiency and value. Acquisition expands Spectrum's advertising solutions for businesses of all sizes. ShowSeeker's leadership expertise advances Spectrum Reach's transformative goals.NEW YORK, Aug. 25, 2025 /PRNewswire/ -- Spectrum Reach, the advertising sales business of Charter Communications, Inc., today announced it has completed the acquisition of ShowSeeker, the leading ...
Charter Communications, Inc. (CHTR) Investors Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2025-08-25 16:00
Core Viewpoint - Investors in Charter Communications, Inc. have the opportunity to lead a securities fraud class action lawsuit due to undisclosed material events affecting the company's performance and outlook [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that from July 26, 2024, to July 24, 2025, Charter failed to disclose significant impacts from the end of the ACP program, which affected Internet customer retention and revenue [2]. - The complaint states that the company did not manage or adapt to the consequences of the ACP ending, leading to a decline in Internet customers and revenue [2]. - Charter's operational strategies were reportedly ineffective in compensating for the negative impacts, resulting in greater risks to business plans and earnings growth than previously reported [2]. - The lawsuit claims that the company's positive statements regarding its operations and future growth lacked a reasonable basis and were materially misleading [2]. Participation Information - Investors who suffered losses related to Charter Communications are encouraged to participate in the ongoing lawsuit, with a lead plaintiff deadline set for October 14, 2025 [2][3]. - Interested parties can contact the Law Offices of Frank R. Cruz for more information or to participate in the class action [3][4].
特许通信公司:将流媒体捆绑包纳入套餐致早盘股价跌1.1%
Xin Lang Cai Jing· 2025-08-25 15:09
Group 1 - Charter Communications (CHTR) stock price fell by 1.1% on Monday morning [1] - The company has bundled ESPN DTC and Disney+ with Hulu streaming into eligible Spectrum packages without additional charges [1]
CHTR STOCK ALERT: Charter Communications, Inc. Investors may have been Affected by Fraud -- Contact BFA Law by October 14 about the Class Action (NASDAQ:CHTR)
GlobeNewswire News Room· 2025-08-25 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]. 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 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 a decline in customers for Charter [3]. Group 3: Financial Impact - During the relevant period, Charter communicated to investors that it was managing the risks associated with the end of the ACP, claiming 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].
CHTR INVESTOR NOTICE: Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-08-25 11:12
SAN DIEGO, Aug. 25, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Charter Communications, Inc. (NASDAQ: CHTR) securities, including purchasers of call options or sellers of put options between July 26, 2024 and July 24, 2025, inclusive (the "Class Period"), have until October 14, 2025 to seek appointment as lead plaintiff of the Charter Communications class action lawsuit.  Captioned Sandoval v. Charter Communications, Inc., No. 25-cv-06747 ( ...