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INVESTOR CLASS ACTION: Charter Communications, Inc. Investors are Reminded of the Ongoing Securities Fraud Lawsuit after Stock Plummeted 18% -- Contact BFA Law
Globenewswire· 2025-09-20 11:34
Core Viewpoint - A lawsuit has been filed against Charter Communications, Inc. and certain senior executives for potential violations of federal securities laws, particularly related to the impact of the Affordable Connectivity Program's termination on the company's customer base and earnings [1][2]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, captioned Sandoval v. Charter Communications, Inc., No. 1:25-cv-06747, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. - Investors have until October 14, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - 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]. Group 3: Financial Impact - During the relevant period, Charter claimed to have successfully managed the risks associated with the end of the ACP, stating that the impact was behind them [4]. - However, the company continued to experience declines in internet customers and revenue due to the program's termination [4]. - In Q2 2025, Charter reported a decrease of 117,000 total internet customers, including approximately 50,000 disconnects related to the ACP's end, nearly double the disconnects 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].
Charter Communications, Inc. Sued for Securities Law Violations - Contact Levi & Korsinsky Before October 14, 2025 to Discuss Your Rights – CHTR
Globenewswire· 2025-09-19 20:40
Core Viewpoint - A class action securities lawsuit has been filed against Charter Communications, Inc. alleging securities fraud that adversely affected investors during a specified period [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased or acquired Charter securities, including call options and put options, between July 26, 2024, and July 24, 2025 [2]. - The complaint alleges that the defendants made false statements and concealed significant impacts related to the end of the Affordable Connectivity Program (ACP), which affected Internet customer declines and revenue [3]. - It is claimed that the company failed to manage the consequences of the ACP ending, leading to greater risks to business plans and earnings growth than reported [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until October 14, 2025, to request appointment as lead plaintiff, although participation does not require serving in this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [5].
Investors in Charter Communications, Inc. Should Contact Levi & Korsinsky Before October 14, 2025 to Discuss Your Rights - CHTR
Prnewswire· 2025-09-19 12:45
Core Viewpoint - A class action securities lawsuit has been filed against Charter Communications, Inc. alleging securities fraud affecting investors during a specific time frame [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who purchased or acquired Charter securities or options between July 26, 2024, and July 24, 2025 [2]. - The complaint alleges that the company made false statements regarding the impact of the Affordable Connectivity Program (ACP) ending, which was not managed effectively by the company [3]. - It is claimed that the end of the ACP had a significant negative impact on internet customer declines and revenue, which the company failed to address adequately [3]. Group 2: Company Performance and Misrepresentation - The lawsuit asserts that Charter's execution strategy did not compensate for the adverse effects of the ACP ending, leading to greater risks to business plans and earnings growth than reported [3]. - The company allegedly lacked a reasonable basis for its positive statements about business operations and long-term growth, misleading investors during the class period [3]. Group 3: Next Steps for Investors - Investors who suffered losses during the relevant time frame have until October 14, 2025, to request appointment as lead plaintiff, although participation does not require this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 4: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [5].
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Charter Communications, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – CHTR
Globenewswire· 2025-09-19 01:21
Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. for allegedly misleading investors regarding the impact of the Federal Communications Commission's Affordable Connectivity Program ending on the company's operations and financial performance [1][5]. Group 1: Lawsuit Details - The class action lawsuit covers purchasers of Charter Communications securities and options between July 26, 2024, and July 24, 2025 [1]. - Investors who purchased securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - The lawsuit claims that Charter Communications made false or misleading statements about its ability to manage the impact of the Affordable Connectivity Program's end, leading to significant declines in Internet customers and revenue [5]. Group 2: Legal Representation - The Rosen Law Firm, which has a strong track record in securities class actions, is representing the investors [4]. - Investors are encouraged to select qualified counsel with a proven history of success in similar cases [4]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [3][6]. Group 3: Case Implications - The lawsuit alleges that Charter Communications failed to disclose the material impact of the Affordable Connectivity Program's end, which affected its business plans and earnings growth [5]. - The misleading statements made by the defendants resulted in investors suffering damages when the true situation was revealed [5].
Faruqi & Faruqi Reminds Charter Communications Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 13, 2025 - CHTR
Prnewswire· 2025-09-18 21:50
Core 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 [2][4]. 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 [2]. - Investors who suffered losses exceeding $100,000 in Charter between July 26, 2024, and July 24, 2025, are encouraged to contact the firm to discuss their legal rights [1][2]. 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), which affected internet customer declines and revenue [4]. - It is claimed that Charter failed to manage the consequences of the ACP ending and did not execute broader operations to compensate for the resulting declines [4]. - The company reported a decline of 117,000 internet customers in Q2 2025, compared to a decline of about 100,000 in Q2 2024, indicating a worsening trend [5]. 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 [5].
Charter Communications, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before October 14, 2025 to Discuss Your Rights – CHTR
Globenewswire· 2025-09-18 20:38
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Charter Communications, Inc. regarding a class action lawsuit due to alleged misleading statements and failure to disclose material information during a specified class period [1][4]. Group 1: Class Action Details - The class period for the lawsuit is from July 26, 2024, to July 24, 2025, during which shareholders who purchased Charter securities or options are encouraged to participate [3]. - Shareholders are urged to register for the class action by October 14, 2025, to be eligible for potential recovery [5]. Group 2: Allegations Against Charter Communications - The complaint alleges that Charter failed to manage the impact of the Affordable Connectivity Program (ACP) ending, which significantly affected Internet customer declines and revenue [4]. - It is claimed that Charter's operational strategies were inadequate to compensate for the negative effects of the ACP ending, leading to greater risks to business plans and earnings growth than reported [4]. - The lawsuit asserts that Charter had no reasonable basis for its positive statements regarding business operations and long-term growth during the class period [4].
CHTR Announcement: Kessler Topaz Meltzer & Check, LLP Encourages Charter Communications, Inc. (CHTR) Investors to Contact the Firm About Securities Fraud Class Action Lawsuit
Globenewswire· 2025-09-18 16:50
RADNOR, Pa., Sept. 18, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Charter Communications, Inc. (“Charter”) (NASDAQ: CHTR) on behalf of those who purchased or otherwise acquired Charter securities, including purchasers of call options, or sellers of put options, between July 26, 2024, and July 24, 2025, inclusive (the “Class Period”). The lead plaintiff deadline is October 14, 2025. ...
CHTR INVESTOR ALERT: Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Prnewswire· 2025-09-18 16:40
SAN DIEGO , Sept. 18, 2025 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that the Charter Communications class action lawsuit – captioned Sandoval v. ...
National Advertising Division Finds Certain “AT&T Guarantee” Claims Supported; Recommends Other Claims be Modified or Discontinued
Globenewswire· 2025-09-18 14:22
Core Points - The National Advertising Division (NAD) upheld AT&T's "AT&T Guarantee" for internet and wireless connectivity outages in response to a challenge from Charter Communications [1] - NAD recommended modifications to other claims related to the "AT&T Guarantee" found on AT&T's website and in March Madness commercials [2] Summary by Sections Knowing You Exist Commercials - The commercials feature life situations that are "not guaranteed" and introduce the AT&T guarantee, emphasizing connectivity, deals, and service [3] - NAD concluded that consumers are unlikely to interpret the guarantee as covering all outages, understanding that "making it right" pertains only to covered outages [4] March Madness Commercials - Charter challenged a series of commercials aired during NCAA March Madness, which set up a contrast between "not guaranteed" situations and the AT&T guarantee [5] - The commercials suggest that outages will be fixed quickly and that customers will receive compensation, with claims of "NETWORK INTERRUPTIONS FIXED FAST" and "GET A FULL DAY OF CREDIT" [6] Disclosure Issues - NAD found that the existing disclosure of material limitations to the guarantee was not clear and conspicuous due to its small font and busy visuals [7] - The guarantee's promise of quick fixes is not supported, as outages must last at least 20 or 60 minutes to qualify for compensation, which could be disruptive [8] Recommendations for AT&T - NAD recommended that AT&T clearly disclose the limitations of the guarantee and modify advertising to avoid misleading messages about fixing all outages quickly [9][12] - The first reference to the AT&T guarantee on the website was found to lack accompanying disclosures, leading to recommendations for clearer communication [11] First and Only Claims - NAD determined that AT&T's claims of being the "first and only carrier" to provide guarantees for wireless and fiber networks were unsubstantiated [13] - AT&T did not provide evidence to support these claims, and NAD recommended discontinuation of such statements [14]
CHARTER COMMUNICATIONS INVESTORS: Charter has been Sued for Securities Fraud after Significant Customer Decline -- Contact BFA Law by October 14 Court Deadline
Globenewswire· 2025-09-18 12:46
Core Viewpoint - A lawsuit has been filed against Charter Communications, Inc. and certain senior executives for potential violations of federal securities laws, particularly related to the impact of the Affordable Connectivity Program's termination on the company's customer base and earnings [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Southern District of New York, captioned Sandoval v. Charter Communications, Inc., No. 1:25-cv-06747, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. - Investors have until October 14, 2025, to request to be appointed to lead the case [2]. Group 2: Company Background - 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]. Group 3: Financial Impact - During the relevant period, Charter claimed to have successfully managed the risks associated with the end of the ACP, stating that the impact was behind them [4]. - However, the company continued to experience declines in internet customers and revenue, contradicting its public statements [4]. - In Q2 2025, Charter reported a decrease of 117,000 total internet customers, with approximately 50,000 disconnects attributed to the end of the ACP, nearly double the disconnects 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].