Charter Communications(US:CHTR) Globenewswire·2025-09-19 20:40Core Viewpoint - A class action securities lawsuit has been filed against Charter Communications, Inc. alleging securities fraud that adversely affected investors during a specified period [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased or acquired Charter securities, including call options and put options, between July 26, 2024, and July 24, 2025 [2]. - The complaint alleges that the defendants made false statements and concealed significant impacts related to the end of the Affordable Connectivity Program (ACP), which affected Internet customer declines and revenue [3]. - It is claimed that the company failed to manage the consequences of the ACP ending, leading to greater risks to business plans and earnings growth than reported [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until October 14, 2025, to request appointment as lead plaintiff, although participation does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].