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].

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]

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].

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].

Core Viewpoint - A corrected notice has been issued regarding the deadline for investors to seek appointment as Lead Plaintiff in a class action lawsuit against Charter Communications, with the new deadline set for October 14, 2025 [1][3]. Group 1: Class Action Details - The class action, titled Sandoval v. Communications, Inc., is filed on behalf of individuals who purchased or acquired Charter common stock or traded relevant options between July 26, 2024, and July 24, 2025 [2]. - The lawsuit alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act and SEC Rule 10b-5, claiming that the defendants failed to disclose material adverse facts about the company's operations and outlook [2]. Group 2: Allegations Against Charter - The complaint asserts that the defendants made misleading statements regarding the impact of the FCC's Affordable Connectivity Program (ACP) ending, which affected internet customer declines and revenue [5]. - It is claimed that Charter's management did not adequately address the consequences of the ACP ending, leading to greater risks to business plans and earnings growth than reported [5]. Group 3: Financial Performance and Market Reaction - Charter reported an EBITDA of $5.7 billion for Q2 2025, reflecting a 0.5% year-over-year growth, but this was largely due 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 [6]. - The company experienced a loss of 117,000 internet customers in Q2 2025, nearly double the loss of 66,000 in the previous quarter and an increase from a loss of 99,000 customers in Q2 2024 [7]. - Following the financial results announcement, Charter's stock price fell by $70.25 per share, or 18.4%, closing at $309.75 on July 25, 2025 [7].

Core Viewpoint - Charter Communications, Inc. is facing challenges due to anticipated higher broadband losses and competition from fixed wireless access services, leading to a reduction in its price target by Bernstein SocGen from $380 to $350 while maintaining an Outperform rating [2][3]. Group 1: Company Overview - Charter Communications is a leading American broadband and cable operator providing subscription-based internet, video, mobile, and voice services to residential and commercial clients [1]. Group 2: Analyst Insights - Bernstein SocGen has adjusted Charter's price target to $350, citing expected higher broadband losses and ongoing competition [2]. - Analysts believe that short-term competitive pressures may hinder Charter's recovery and necessitate increased marketing expenditures [3]. - Despite these challenges, Bernstein maintains an Outperform rating based on expectations of stable or increasing revenue and EBITDA, along with significantly higher free cash flow anticipated from reduced capital spending in 2026 and 2027 [3].

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 or 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 [3]. - It is claimed that the ACP's end had a significant negative impact on internet customer declines and revenue, which the company failed to address adequately [3]. Group 2: Company Operations and Misrepresentation - The lawsuit asserts that Charter was not executing broader operations effectively to compensate for the negative impacts 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 reported [3]. - The defendants allegedly misled investors by providing overly optimistic statements about the company's operations and long-term growth trajectory [3]. Group 3: Next Steps for Affected Investors - Investors who suffered losses during the relevant time frame have until October 14, 2025, to request appointment as lead plaintiff [4]. - Participation in the lawsuit does not require any out-of-pocket costs for class members [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 [5].

NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities (as well as purchasers of call options or sellers of put options) of Charter Communications, Inc. (NASDAQ: CHTR) between July 26, 2024 and July 24, 2025, both dates inclusive (the “Class Period”), of the important October 13, 2025 lead plaintiff deadline. SO WHAT: If you purchased Charter Communications securities during the Class Period you may be entitled to compensation w ...

Core Viewpoint - Charter Communications, Inc. is facing a class action lawsuit due to alleged misleading statements regarding the impact of the termination of the Federal Communications Commission's Affordable Connectivity Program on its business performance and subscriber growth [3][4]. Group 1: Class Action Details - The class action is on behalf of investors who purchased securities between July 26, 2024, and July 24, 2025, with a deadline to file a lead plaintiff motion by October 13, 2025 [1]. - Investors are encouraged to contact the Portnoy Law Firm for legal rights discussions and case evaluations [2]. Group 2: Allegations Against Charter Communications - The lawsuit claims that Charter failed to disclose the material impact of the Affordable Connectivity Program's termination, which negatively affected Internet subscriber growth and revenue [3]. - It is alleged that Charter did not implement operational strategies to mitigate the adverse effects of the ACP's termination, leading to greater risks to its business plans and earnings growth than previously disclosed [3]. - The company reported an EBITDA of $5.7 billion for Q2 2025, reflecting only 0.5% growth, alongside a loss of 117,000 Internet customers, which included about 50,000 disconnects related to the ACP's termination [4]. Group 3: Market Reaction - Following the announcement of its Q2 2025 results, Charter Communications' stock price dropped by more than 18%, indicating significant investor concern and injury [4].

Core Viewpoint - Investors with losses in Charter Communications, Inc. have the opportunity to lead a securities fraud class action lawsuit against the company due to alleged misleading statements regarding its business operations and customer declines [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that between July 26, 2024, and July 24, 2025, Charter failed to disclose several material facts, including: 1. The impact of the end of the ACP (Affordable Connectivity Program) was a significant event that the company could not manage effectively [2]. 2. The end of the ACP was contributing to ongoing declines in Internet customers and revenue [2]. 3. The company was not executing broader operations to compensate for the impact of the ACP ending [2]. 4. The declines in Internet customers and the failure of Charter's execution strategy posed greater risks to business plans and earnings growth than reported [2]. 5. The company had no reasonable basis for claiming successful operations or managing customer declines, leading to overly optimistic statements about its long-term trajectory and EBITDA growth [2]. 6. Consequently, the positive statements made by the defendants regarding the company's business and prospects were materially misleading [2]. Participation Information - Investors wishing to participate in the class action must act before October 14, 2025, which is the lead plaintiff deadline [2]. - Interested parties can contact Glancy Prongay & Murray LLP for more information regarding their rights and interests in this matter [3][4].