Charter Communications(US:CHTR) Globenewswireยท2025-10-06 03:18Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Charter Communications, Inc. due to allegations of violations of federal securities laws related to misleading statements and undisclosed impacts on the company's performance [4][6]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the October 13, 2025 deadline to seek the role of lead plaintiff in a federal securities class action against Charter [4]. - Investors who suffered losses in Charter between July 26, 2024, and July 24, 2025, are encouraged to contact the firm to discuss their legal rights [1][4]. Group 2: Allegations Against Charter - The complaint alleges that Charter and its executives made false and misleading statements regarding the impact of the end of the Affordable Connectivity Program (ACP) on internet customer declines and revenue [6]. - It is claimed that Charter failed to manage the consequences of the ACP ending, leading to a decline of 117,000 internet customers in Q2 2025, compared to a decline of about 100,000 in Q2 2024 [7]. Group 3: Financial Impact - Following the release of its Q2 2025 financial results, Charter's stock price fell by $70.25 per share, or 18.5%, closing at $309.75 per share on July 25, 2025 [7].