Charter Communications(US:CHTR) Globenewswire·2025-09-25 20:38Core Viewpoint - A class action securities lawsuit has been filed against Charter Communications, Inc. alleging securities fraud affecting investors who acquired Charter securities between July 26, 2024, and July 24, 2025 [1][2]. Summary by Sections Class Definition - The lawsuit aims to recover losses for investors adversely affected by alleged securities fraud during the specified period, including those who purchased or acquired Charter securities, call options, or sold put options [2]. Case Details - The complaint alleges that the defendants made false statements and concealed critical information regarding the impact of the Affordable Connectivity Program (ACP) ending, which was not managed effectively by the Company - It is claimed that the end of the ACP had a significant negative impact on Internet customer declines and revenue, and the Company failed to execute broader operations to mitigate these effects - The allegations suggest that the Company misrepresented its operational success and growth potential, leading to misleading positive statements about its business and earnings growth [3]. Next Steps - Investors who suffered losses during the relevant timeframe have until October 14, 2025, to request appointment as lead plaintiff, with no costs required to participate in the class action [4]. Why Levi & Korsinsky - Levi & Korsinsky has a strong track record in securing compensation for shareholders and is recognized as one of the top securities litigation firms in the United States, with extensive expertise in complex securities litigation [5].