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 omissions related to the impact of the Affordable Connectivity Program's end on the company's performance [1][4]. Summary by Relevant Sections Class Period - The lawsuit pertains to all individuals and entities that purchased or acquired Charter securities, including call options and sold put options, between July 26, 2024, and July 24, 2025 [3]. Allegations - The complaint alleges that during the class period, Charter Communications made materially false and misleading statements, failing to disclose significant impacts from the end of the Affordable Connectivity Program (ACP) [4]. - Specific allegations include: - The company could not manage the impact of the ACP ending, which led to declines in Internet customers and revenue [4]. - Charter was not executing broader operations effectively to compensate for the ACP's end [4]. - The decline in Internet customers and the failure of the company's execution strategy posed greater risks to business plans and earnings growth than reported [4]. - The company lacked a reasonable basis for its positive statements regarding operations and long-term growth [4]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by October 14, 2025, to participate in potential recovery [5]. - Registration includes enrollment in a portfolio monitoring software for status updates throughout the case [5]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [6].
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