CHTR FRAUD NOTICE: Charter Communications, Inc. Hit with Securities Fraud Class Action Due to Customer Decline -- Contact BFA Law by October 14 Deadline

Core Points - A lawsuit has been filed against Charter Communications, Inc. and certain senior executives for potential violations of federal securities laws [1][2] - The lawsuit is based on claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, with the case pending in the U.S. District Court for the Southern District of New York [2] Company Overview - Charter is a leading broadband and cable operator that participated in the FCC's Affordable Connectivity Program (ACP), which provided funding to subsidize high-speed internet plans for low-income households [3] - The ACP ended in June 2024 due to a lack of federal funding, leading to customer declines for Charter [3] Financial Impact - During the relevant period, Charter claimed to have successfully managed the impact of the ACP's end, stating that the effects were behind them [4] - However, the company continued to experience declines in internet customers and revenue due to the program's termination [4] Stock Performance - On July 25, 2025, Charter reported a decrease of 117,000 total internet customers in Q2 2025, including approximately 50,000 disconnects related to the end of the ACP, nearly double from the previous quarter [5] - Following this announcement, Charter's stock price fell by $70.25 per share, or 18.4%, from $380.00 on July 24, 2025, to $309.75 on July 25, 2025 [5]