CHARTER COMMUNICATIONS REMINDER: Bragar Eagel & Squire, P.C. Reminds Charter Communications Investors of the October 14th Deadline in the Filed Class Action Lawsuit

Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. for allegedly making false or misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected the company's Internet customer base and revenue [8]. Allegation Details - The lawsuit claims that Charter failed to disclose the material impact of the ACP's end, which led to a decline in Internet customers and revenue. It also alleges that the company did not manage or adapt its operations effectively to mitigate these impacts [8]. - Specific allegations include that Charter's execution strategy was inadequate, leading to greater risks to business plans and earnings growth than reported [8]. Financial Impact - On July 25, 2025, Charter reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, reflecting a 0.5% growth, alongside a loss of 117,000 Internet customers, which included approximately 50,000 disconnects due to the ACP's end [8]. - Following the announcement of these results, Charter's stock price fell by more than 18% [8].