Charter Communications(US:CHTR) Globenewswire·2025-09-10 19:52Core 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]. 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 [3]. - Shareholders are urged to register for the class action by October 14, 2025, to be eligible for potential recovery [5]. Group 2: Allegations Against Charter Communications - The complaint alleges that Charter failed to disclose the significant impact of the Affordable Connectivity Program's end, which affected Internet customer declines and revenue [4]. - It is claimed that the company did not execute broader operations effectively to mitigate the impact of the ACP ending, leading to greater risks to business plans and earnings growth than reported [4]. - The lawsuit asserts that Charter's positive statements regarding its operations and long-term growth lacked a reasonable basis, misleading investors about the company's actual performance [4]. Group 3: Law Firm's Commitment - The Gross Law Firm is dedicated to protecting investors' rights and ensuring companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements [6].