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CHTR LAWSUIT ALERT: Levi & Korsinsky Notifies Charter Communications, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline
Charter CommunicationsCharter Communications(US:CHTR) GlobeNewswire News Roomยท2025-08-22 20:44

Core Viewpoint - A class action securities lawsuit has been filed against Charter Communications, Inc. alleging securities fraud that adversely affected investors during a specific time frame [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 material information regarding the impact of the Affordable Connectivity Program (ACP) ending, which affected Internet customer declines and revenue [3]. - It is claimed that the company failed to manage the impact of the ACP end and did not execute broader operations effectively to compensate for the resulting declines [3]. Group 2: Implications 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: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].