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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· 2025-10-13 13:00
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 affected Internet customer declines and revenue [2]. - It is alleged that the company did not execute broader operations effectively to mitigate the impact of the ACP ending, leading to greater risks on business plans and earnings growth than reported [2]. - The complaint states that Charter had no reasonable basis for its positive statements about business operations and long-term growth during the class period [2]. Group 2: Class Action Details - The class period for the lawsuit is from July 26, 2024, to July 24, 2025, and shareholders who purchased shares during this time are encouraged to register [1][3]. - The deadline for shareholders to seek lead plaintiff status is October 14, 2025, and there is no cost or obligation to participate in the case [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect the rights of investors who have suffered due to deceit and illegal business practices, seeking recovery for losses caused by misleading statements or omissions by companies [4].
INVESTOR DEADLINE TOMORROW: Robbins Geller Rudman & Dowd LLP Announces that Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit - CHTR
Prnewswire· 2025-10-13 09:15
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 [1][6]. - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, leading to significant customer declines and revenue issues [4]. Group 2: Financial Impact - On July 25, 2025, Charter Communications 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 about 50,000 disconnects due to the ACP ending [5]. - Following the announcement of these results, Charter Communications' stock price fell by more than 18% [5]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased or acquired Charter Communications securities during the Class Period to seek lead plaintiff status [6]. - The lead plaintiff represents the interests of all class members and can choose a law firm to litigate the case [6]. 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 recognized for securing the most monetary relief for investors in securities class action cases [7].
CHTR DEADLINE: ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Charter Communications, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important October 14 Deadline in Securities Class Action – CHTR
Globenewswire· 2025-10-12 15:00
Core Points - Rosen Law Firm is reminding investors who purchased Charter Communications securities between July 26, 2024, and July 24, 2025, of the lead plaintiff deadline on October 14, 2025 [1] - Investors may be entitled to compensation through a contingency fee arrangement without any out-of-pocket costs [2] Class Action Details - A class action lawsuit has been filed against Charter Communications, alleging that the company made false or misleading statements regarding the impact of the FCC's Affordable Connectivity Program ending, which affected internet customer declines and revenue [5] - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending and misled investors about its operational execution and business outlook during the Class Period [5] Legal Representation - Investors are encouraged to select qualified legal counsel with a proven track record in securities class actions, as many firms may not have the necessary experience or resources [4] - The Rosen Law Firm has a history of successful settlements in securities class actions, including recovering over $438 million for investors in 2019 [4]
CHTR STOCK NEWS: Charter Communications, Inc. Shares Dropped 18%; BFA Law Reminds Investors that the Securities Fraud Class Action Could Allow them to Recover Losses
Globenewswire· 2025-10-12 11:08
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]. - 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].
SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Charter Communications
Prnewswire· 2025-10-10 23:50
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Charter Communications, Inc. due to alleged violations of federal securities laws, particularly related to misleading statements about the company's performance and the impact of the Affordable Connectivity Program (ACP) ending [1][3]. Summary by Sections Legal Investigation - Faruqi & Faruqi, LLP is encouraging investors who suffered losses in Charter between July 26, 2024, and July 24, 2025, to discuss their legal options [1]. - The firm has set an October 13, 2025, deadline for investors to seek the role of lead plaintiff in a federal securities class action against Charter [1]. Allegations Against Charter - The complaint alleges that Charter and its executives made false or misleading statements and failed to disclose significant impacts from the end of the ACP, which affected internet customer declines and revenue [3]. - Specific claims include that Charter was unable to manage the impact of the ACP ending, leading to greater risks on business plans and earnings growth than reported [3]. Financial Performance - On July 25, 2025, Charter reported a decline of 117,000 internet customers in Q2 2025, compared to a decline of about 100,000 in Q2 2024, after adjusting for the ACP's impact [4]. - The company's total video customers also decreased by 80,000, resulting in a stock price drop of $70.25 per share, or 18.5%, closing at $309.75 on the same day [4]. Class Action Details - The lead plaintiff in a class action is defined as the investor with the largest financial interest who is typical of class members and oversees the litigation [5]. - Any member of the putative class can move to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [5]. Contact Information - For more information regarding the class action against Charter, interested parties can visit the Faruqi & Faruqi website or contact partner Josh Wilson directly [6].
INVESTOR DEADLINE TUESDAY: Robbins Geller Rudman & Dowd LLP Announces that Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit - CHTR
Globenewswire· 2025-10-10 20:05
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]. - The lawsuit claims that Charter Communications failed to disclose the material impact of the ACP ending, which led to a decline in Internet customers and revenue [3]. - The lawsuit also states that the company did not manage the consequences of the ACP ending effectively, resulting in greater risks to business plans and earnings growth than reported [3]. Group 2: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, reflecting a growth of 0.5% [4]. - The company experienced a decline of 117,000 Internet customers, which included approximately 50,000 disconnects related to the ACP ending [4]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Charter Communications securities during the class period to seek appointment as lead plaintiff in the lawsuit [5]. - A lead plaintiff represents the interests of all class members and can select a law firm to litigate the case [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 [6]. - 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 [6].
Deadline Soon: Charter Communications, Inc. (CHTR) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit
Businesswire· 2025-10-10 17:49
Core Viewpoint - Charter Communications, Inc. is facing a securities fraud class action lawsuit due to significant declines in internet and video customers, which were not adequately disclosed to investors, leading to a substantial drop in stock price [1][4][3]. Financial Performance - In Q2 2025, Charter reported a decline of 117,000 internet customers, compared to a decline of about 100,000 in Q2 2024, after adjusting for the Affordable Connectivity Program (ACP) impact [2]. - The company also experienced a decrease of 80,000 total video customers during the same period [2]. Stock Market Reaction - Following the release of the disappointing financial results, Charter's stock price fell by $70.25, or 18.5%, closing at $309.75 per share on July 25, 2025, which negatively impacted investors [3]. Lawsuit Details - The class action lawsuit alleges that Charter's management made materially false and misleading statements regarding the company's business operations and prospects, failing to disclose the adverse effects of the ACP ending on customer retention and revenue [4]. - Specific allegations include the inability to manage the impact of the ACP end, failure to execute broader operational strategies to mitigate customer declines, and misleading statements about the company's operational success and growth trajectory [4].
CHARTER COMMUNICATIONS REMINDER: Bragar Eagel & Squire, P.C. Reminds Charter Communications Investors of the October 14th Deadline in the Filed Class Action Lawsuit
Globenewswire· 2025-10-10 17:38
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 [8]. 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 [8]. - Specific allegations include that Charter's execution strategy was inadequate, leading to greater risks to business plans and earnings growth than reported [8]. 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 [8]. - Following the announcement of these results, Charter's stock price fell by more than 18% [8].
Charter Communications (CHTR) Declined Following Weak Results
Yahoo Finance· 2025-10-10 13:52
Group 1 - Oakmark Equity and Income Fund underperformed the S&P 500 / Bloomberg U.S. Aggregate Bond Index in Q3 2025, with a return of 3.64% for equities and 2.40% for fixed income [1] - The Fund's allocation was 59.6% in equities, 39.3% in fixed income, and 1.1% in cash [1] - Charter Communications, Inc. was highlighted as a top detractor in the Fund's performance, with a stock price decline following weak Q2 earnings and a significant drop in broadband subscriptions [3] Group 2 - Charter Communications, Inc. had a one-month return of 1.59% but lost 18.72% of its value over the last 52 weeks, closing at $265.00 per share with a market capitalization of $36.197 billion [2] - Despite near-term volatility in subscriber results, the company’s average revenue per user (ARPU) growth accelerated, indicating potential long-term competitiveness [3] - Charter Communications is not among the 30 Most Popular Stocks Among Hedge Funds, with a decrease in hedge fund holdings from 59 to 56 [4]
CHTR DEADLINE REMINDER: Important October 14, 2025 Deadline Reminder Charter Communications, Inc. (CHTR) Securities Class Action Lawsuit
Prnewswire· 2025-10-10 13:35
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]. Allegations of Misconduct - The lawsuit claims that Charter failed to disclose the significant negative impact of the cancellation of the Affordable Connectivity Program (ACP) on its Internet customer base and revenue [2]. - It is alleged that Charter's management did not effectively address the operational challenges posed by the end of the ACP, leading to greater risks to business plans and earnings growth than previously reported [2]. - The complaint asserts that Charter's positive statements about its operations and growth trajectory were misleading and lacked a reasonable basis [2]. Lead Plaintiff Process - Investors in Charter have until October 14, 2025, to seek appointment as a lead plaintiff representative in the class action [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].