Charter Communications(US:CHTR) Globenewswireยท2025-10-08 14:30Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Charter Communications, Inc. due to allegations of misleading statements and failure to disclose material events affecting the company's performance, particularly related to customer declines and revenue impacts from the end of the Affordable Connectivity Program [4][6]. Group 1: Legal Investigation - 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 violated federal securities laws by making false or misleading statements regarding the impact of the Affordable Connectivity Program's end, which was not managed effectively [6]. - Specific allegations include that the decline in internet customers and revenue was not adequately addressed by the company's operational strategies, leading to greater risks than reported [6]. Group 3: Financial Impact - Charter reported a decline of 117,000 total internet customers in Q2 2025, compared to a decline of about 100,000 in Q2 2024, adjusted for the Affordable Connectivity Program's end [7]. - Following the release of these 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].