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, 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].

Core Insights - Spectrum has launched a new device protection plan called Repair and Replacement Premium, which offers comprehensive coverage for accidental damage, mechanical or electrical failure, and battery replacement, as well as protection against loss or theft [1][3]. Summary by Sections Product Offering - The Repair and Replacement Premium plan is priced at $10 per month and includes all benefits of the existing Repair and Replacement plan, which is available at $5 per month, providing flexible options for Spectrum Mobile customers [3][4]. - Key features include unlimited front screen or back glass repairs for $29 each and unlimited battery replacements for $29 each [7]. Company Background - Spectrum is a suite of advanced communications services offered by Charter Communications, Inc., a leading broadband connectivity company and cable operator serving over 57 million homes and businesses across 41 states [5].

Core Viewpoint - Charter Communications, Inc. has announced the pricing of $2.0 billion in aggregate principal amount of senior secured notes, which will be used for general corporate purposes, including debt repayment and potential stock buybacks [1][2]. Group 1: Offering Details - The offering consists of $1.25 billion in Senior Secured Notes due 2035 with an interest rate of 5.850% and $750 million in Senior Secured Notes due 2055 with an interest rate of 6.700% [8]. - The notes will be issued at prices of 99.932% and 99.832% of their respective aggregate principal amounts [8]. - The expected closing date for the offering is September 2, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized to repay certain indebtedness, including the 6.150% Senior Secured Notes due 2026, fund potential buybacks of Charter Class A common stock, and cover related fees and expenses [1]. Group 3: Company Overview - Charter Communications, Inc. is a leading broadband connectivity company and cable operator, serving over 57 million homes and businesses across 41 states under the Spectrum brand [5]. - The company offers a comprehensive range of services, including Spectrum Internet®, TV, Mobile, and Voice, supported by a fully U.S.-based workforce [5].

Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. for alleged violations of federal securities laws during the specified class period [1][2][3]. Group 1: Lawsuit Details - The lawsuit seeks to recover damages for investors who purchased Charter securities between July 26, 2024, and July 24, 2025 [2]. - The Complaint alleges that Charter made materially false and misleading statements regarding its ability to manage the end of the Affordable Connectivity Program (ACP) and the subsequent decline in internet customers and revenue [3]. - It is claimed that Charter had no reasonable basis to assert successful execution of its operations plan, leading to misleading statements about the Company's business and prospects [3]. Group 2: Next Steps for Investors - Investors who suffered losses in Charter have until October 13, 2025, to request appointment as lead plaintiff in the case [4]. - A copy of the Complaint can be reviewed on the law firm's website [4]. Group 3: Legal Representation - The law firm represents investors on a contingency fee basis, meaning they will only seek reimbursement for expenses and fees if successful [5]. - Bronstein, Gewirtz & Grossman, LLC is recognized for recovering hundreds of millions of dollars for investors in securities fraud class actions [6].

Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. for allegedly misleading investors about its business prospects, particularly regarding the impact of the Affordable Connectivity Program's end on customer declines and revenue [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Charter failed to disclose the material impact of the Affordable Connectivity Program (ACP) ending, which affected Internet customer declines and revenue [2]. - It is alleged that Charter's operational strategies were not sufficient to mitigate the negative effects of the ACP ending, leading to greater risks to business plans and earnings growth than reported [2]. - The company reportedly provided overly optimistic statements about its operational execution and long-term EBITDA growth without a reasonable basis [2]. Group 2: Financial Performance - Charter reported an EBITDA of $5.7 billion for Q2 2025, indicating a year-over-year growth of 0.5%. However, this growth was attributed to a one-time benefit of $45 million in "other revenue" [3]. - Excluding this one-time benefit, EBITDA would have missed consensus estimates by 2.4% and shown a decline of 0.3% year-over-year [3]. - Following the financial results announcement, Charter's stock price dropped by $70.25, or over 18%, closing at $309.75 per share on July 25, 2025 [3].

Core Viewpoint - The article discusses a class action lawsuit against Charter Communications, alleging violations of the Securities Exchange Act of 1934 due to misleading statements and failure to disclose significant impacts on the company's performance related to the end of the Federal Communications Commission's Affordable Connectivity Program [1][3]. 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 alleges that Charter Communications and its executives made false statements regarding the company's ability to manage the impact of the Affordable Connectivity Program's end, which led to significant declines in Internet customers and revenue [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 end of the Affordable Connectivity Program [4]. - Following the announcement of these results, Charter Communications' stock price fell by more than 18% [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Charter Communications securities during the class period to seek lead plaintiff status [5]. - The 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 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].

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: Class Action Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., and covers 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]. - 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, reflecting 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 Process and Representation - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Charter Communications securities during the Class Period to seek lead plaintiff status [5]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [5]. - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 [6].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Charter Communications, Inc. due to allegations of 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 [4][6]. Group 1: Legal Investigation - The firm is encouraging investors who suffered losses exceeding $100,000 in Charter between July 26, 2024, and July 24, 2025, to discuss their legal rights [1]. - There is a deadline of October 13, 2025, for investors to seek the role of lead plaintiff in a federal securities class action against Charter [4]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [5]. Group 2: Allegations Against Charter - The complaint alleges that Charter and its executives made false or misleading statements and failed to disclose the material impact of the ACP ending on internet customer declines and revenue [6]. - Specific claims include that Charter was unable to manage the impact of the ACP ending, leading to a decline in internet customers and revenue, and that the company did not execute operations effectively to compensate for these declines [6]. - The complaint asserts that Charter's positive statements about its business and earnings growth lacked a reasonable basis, misleading investors during the class period [6]. Group 3: Financial Impact - On July 25, 2025, Charter reported a decline of 117,000 total internet customers in Q2 2025, compared to a decline of about 100,000 in Q2 2024, after adjusting for the ACP's prior year's impact [7]. - The company's total video customers also decreased by 80,000 during the same period [7]. - Following the release of these 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].

Core Viewpoint - A class action lawsuit has been filed against Charter Communications, alleging that the company misled investors regarding its business operations and financial outlook, particularly in relation to the impact of the FCC's Affordable Connectivity Program ending [1][4]. Group 1: Lawsuit Details - The class action lawsuit, Sandoval v. Communications, Inc., was initiated in the United States District Court for the Southern District of New York, targeting individuals who purchased Charter securities or options between July 26, 2024, and July 24, 2025 [1]. - The lawsuit claims that Charter's executives failed to disclose significant adverse facts about the company's performance and outlook, leading to misleading statements about its operations and growth potential [4]. Group 2: Financial Performance - Charter reported an EBITDA of $5.7 billion for Q2 2025, indicating a 0.5% year-over-year growth; however, this growth was largely attributed to a one-time benefit of $45 million, which, if excluded, would have resulted in a 2.4% miss against consensus estimates and a 0.3% decline year-over-year [5]. - The company experienced a decline of 117,000 Internet customers in Q2 2025, nearly double the loss of 66,000 customers in the previous quarter and an increase from the loss of 99,000 customers in Q2 2024 [6]. Group 3: Market Reaction - Following the release of its Q2 2025 financial results, Charter's stock price fell by $70.25 per share, or 18.4%, closing at $309.75 per share on July 25, 2025, reflecting investor concerns over the company's declining customer base and misleading financial statements [6].

Core Viewpoint - Berkshire Hathaway disclosed its Q2 holdings report, revealing a reduction in Apple and Bank of America shares, while also unveiling new investments in healthcare, steel, and real estate sectors [2][5]. Group 1: New Investments - Berkshire initiated positions in six new stocks during Q2, including UnitedHealth (UNH), Nucor Steel (NUE), Lennar (LEN), D.R. Horton (DHI), Lamar Advertising (LAMR), and Allegion (ALLE) [2][6]. - The total market value of these new positions at the end of Q2 was approximately $3.65 billion [6]. Group 2: Reduction in Holdings - In Q2, Berkshire reduced its stake in Apple by 20 million shares, a decrease of about 6.67%, while still maintaining it as the largest holding [9]. - Additionally, Berkshire sold over 26.3 million shares of Bank of America, representing a reduction of approximately 4.17% [9]. Group 3: Market Reaction - Following the announcement of new positions, stocks like UnitedHealth and Nucor Steel saw significant after-hours gains, with increases exceeding 8% [3]. Group 4: Investment Strategy - The new investments are viewed as defensive positions with potential for valuation recovery, aligning with Buffett's investment philosophy of seeking companies with a "moat" [7].