Kessler Topaz Meltzer & Check, LLP Reminds Charter Communication, Inc. Investors of Important Deadline in Securities Fraud Class Action Lawsuit

Core Viewpoint - A securities class action lawsuit has been filed against Charter Communications, Inc. for allegedly making materially false and misleading statements regarding its business operations and the impact of the cancellation of the Affordable Connectivity Program [1][2]. Allegations Against Defendants - The lawsuit claims that Charter failed to disclose the significant impact of the cancellation of the Affordable Connectivity Program (ACP) on its Internet customer base and revenue [2]. - It is alleged that Charter did not manage the consequences of the ACP cancellation effectively, leading to a decline in Internet customers and revenue [2]. - The complaint states that Charter's operational strategies were inadequate to compensate for the negative effects of the ACP ending, resulting in greater risks to business plans and earnings growth than reported [2]. - Defendants are accused of making overly optimistic statements about the company's operational success and long-term EBITDA growth trajectory, which lacked a reasonable basis [2]. Lead Plaintiff Process - Investors in Charter have until October 14, 2025, to seek appointment as a lead plaintiff representative in the class action lawsuit [3]. - A lead plaintiff acts on behalf of all class members and typically has the largest financial interest in the case [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering billions for victims of corporate misconduct [4].