Charter Communications(US:CHTR) Globenewswire·2025-09-19 01:21Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. for allegedly misleading investors regarding the impact of the Federal Communications Commission's Affordable Connectivity Program ending on the company's operations and financial 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 who purchased securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - The lawsuit claims that Charter Communications made false or misleading statements about its ability to manage the impact of the Affordable Connectivity Program's end, leading to significant declines in Internet customers and revenue [5]. Group 2: Legal Representation - The Rosen Law Firm, which has a strong track record in securities class actions, is representing the investors [4]. - Investors are encouraged to select qualified counsel with a proven history of success in similar cases [4]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [3][6]. Group 3: Case Implications - The lawsuit alleges that Charter Communications failed to disclose the material impact of the Affordable Connectivity Program's end, which affected its business plans and earnings growth [5]. - The misleading statements made by the defendants resulted in investors suffering damages when the true situation was revealed [5].