Charter Communications(US:CHTR) Globenewswire·2025-09-15 22:04Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of investors who purchased securities of Charter Communications, Inc. during the specified Class Period, alleging misleading statements and failure to disclose material events affecting the company's performance [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]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A lead plaintiff must be appointed by October 13, 2025, to represent other class members in the litigation [3]. Group 2: Allegations Against Charter Communications - The lawsuit claims that Charter Communications failed to manage the impact of the FCC's Affordable Connectivity Program (ACP) ending, which significantly affected Internet customer declines and revenue [5]. - It is alleged that Charter did not execute broader operations effectively to compensate for the ACP's end, leading to greater risks on business plans and earnings growth than reported [5]. - The defendants are accused of making overly optimistic statements about the company's operations and long-term growth trajectory without a reasonable basis [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [4]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [4]. - Many attorneys at the firm have received recognition from Lawdragon and Super Lawyers, highlighting their expertise in this area [4].