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 failure to disclose material information during a specified class period [1][2]. Group 1: Class Action Details - The class period for the lawsuit is from July 26, 2024, to July 24, 2025, during which shareholders who purchased Charter securities or options are encouraged to participate [1]. - The deadline for shareholders to register for the class action and seek lead plaintiff status is October 14, 2025 [3]. Group 2: Allegations Against Charter Communications - The complaint alleges that Charter failed to manage the impact of the Affordable Connectivity Program (ACP) ending, which significantly affected Internet customer declines and revenue [2]. - It is claimed that Charter did not execute broader operations effectively to compensate for the ACP's impact, leading to greater risks to business plans and earnings growth than reported [2]. - The company allegedly lacked a reasonable basis for its positive statements regarding business operations and long-term growth during the class period [2]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights who have suffered losses due to deceit and illegal business practices, emphasizing the importance of responsible corporate behavior [4].
Shareholders that lost money on Charter Communications, Inc.(CHTR) should contact The Gross Law Firm about pending Class Action - CHTR