Charter Communications(US:CHTR) Globenewswire·2025-09-12 23:02Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. for misleading statements regarding its business operations and the impact of the FCC's Affordable Connectivity Program ending, which allegedly led to investor losses during the specified Class Period [1][5]. Group 1: Lawsuit Details - The class action lawsuit covers purchasers of Charter Communications securities and options between July 26, 2024, and July 24, 2025 [1]. - The lawsuit claims that Charter Communications made false or misleading statements about its ability to manage the impact of the FCC's Affordable Connectivity Program ending, which affected internet customer declines and revenue [5]. - The lawsuit alleges that Charter's management failed to disclose the true risks associated with its business plans and earnings growth, leading to materially misleading statements about the company's operations and outlook [5]. Group 2: Legal Process and Participation - Investors who purchased securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by submitting a form or contacting the law firm directly, with a deadline to serve as lead plaintiff by October 13, 2025 [3][6]. - It is noted that no class has been certified yet, and investors are not represented by counsel unless they retain one [7].