CHTR CLASS REMINDER: Suffer Losses on Your Charter Communications, Inc. Investment? Contact BFA Law before the October 14 Court Deadline (NASDAQ:CHTR)

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][3]. 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 Communications is a leading broadband and cable operator that participated in the FCC's Affordable Connectivity Program, which subsidized high-speed internet plans for low-income households [3]. - The Affordable Connectivity Program ended in June 2024 due to a lack of federal funding, leading to a decline in customers for Charter [3]. Group 3: Financial Impact - Charter claimed to have successfully managed the end of the Affordable Connectivity Program, stating that the impact was behind them; however, the company continued to experience declines in internet customers and revenue [4]. - In the second quarter of 2025, Charter reported a decrease of 117,000 total internet customers, including approximately 50,000 disconnects related to the end of the program, nearly double the disconnects from the previous quarter [5]. - Following the announcement of these results, 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].