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CHTR Deadline: Rosen Law Firm Urges Charter Communications, Inc. (NASDAQ: CHTR) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
Businesswire· 2025-10-14 19:41
Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. on behalf of investors who purchased securities, call options, or sold put options during the specified class period from July 26, 2024, to July 24, 2025 [1] Company Summary - Charter Communications, Inc. is identified as a leading broadband connectivity company and cable operator [1]
INVESTOR DEADLINE TUESDAY: Robbins Geller Rudman & Dowd LLP Announces that Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit - CHTR
Globenewswire· 2025-10-10 20:05
Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and its executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., and it involves purchasers or acquirers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - The lawsuit claims that Charter Communications failed to disclose the material impact of the ACP ending, which led to a decline in Internet customers and revenue [3]. - The lawsuit also states that the company did not manage the consequences of the ACP ending effectively, resulting in greater risks to business plans and earnings growth than reported [3]. Group 2: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, reflecting a growth of 0.5% [4]. - The company experienced a decline of 117,000 Internet customers, which included approximately 50,000 disconnects related to the ACP ending [4]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows investors who purchased Charter Communications securities during the class period to seek appointment as lead plaintiff in the lawsuit [5]. - A lead plaintiff represents the interests of all class members and can select a law firm to litigate the case [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [6].
INVESTOR DEADLINE NEXT WEEK: Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - CHTR
Prnewswire· 2025-10-07 10:00
Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and its executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [4][5]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., No. 25-cv-06747 (S.D.N.Y.) and involves purchasers or acquirers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff in the lawsuit [2][6]. Group 2: Allegations Against Charter Communications - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, which led to a decline in Internet customers and revenue [4]. - It is alleged that the company did not execute broader operations effectively to compensate for the ACP's end, resulting in greater risks to business plans and earnings growth than reported [4]. - The lawsuit highlights that Charter Communications had no reasonable basis for optimistic statements regarding its operations and EBITDA growth [4]. Group 3: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, indicating a growth of 0.5%, alongside a loss of 117,000 Internet customers, which included approximately 50,000 disconnects due to the ACP's end [5]. - Following this announcement, Charter Communications' stock price fell by more than 18% [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [7].
Charter Communications, Inc. (NASDAQ:CHTR) Faces Securities Fraud Class Action after 18% Stock Drop -- Contact BFA Law before October 14 Deadline
Globenewswire· 2025-09-30 12:38
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 revenue [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, and investors have until October 14, 2025, to seek lead plaintiff status [2]. - The complaint alleges violations under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of Charter investors [2]. Group 2: Company Background - Charter is a major player in the broadband and cable industry, having participated in the FCC's Affordable Connectivity Program, which subsidized internet plans for low-income households [3]. - The Affordable Connectivity Program ended in June 2024 due to a lack of federal funding, leading to a decline in Charter's customer base [3]. Group 3: Financial Impact - Following the termination of the Affordable Connectivity Program, Charter claimed to have managed the transition successfully; however, the company continued to experience customer and revenue declines, 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 program, nearly double the disconnects from the previous quarter [5]. - The announcement of these results led to a significant stock price drop of $70.25 per share, or 18.4%, from $380.00 on July 24, 2025, to $309.75 on July 25, 2025 [5].
CHTR INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
Globenewswire· 2025-09-12 20:10
Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and certain executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [4][5]. Group 1: Lawsuit Details - The lawsuit, titled Sandoval v. Charter Communications, Inc., seeks to represent purchasers or acquirers of Charter Communications securities, including call options and put options [1]. - The lead plaintiff process allows any investor who purchased or acquired Charter Communications securities during the Class Period to seek appointment as lead plaintiff [6]. Group 2: Allegations Against Charter Communications - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, which led to a decline in Internet customers and revenue [4]. - It is alleged that the company did not execute broader operations effectively to compensate for the ACP's end, resulting in greater risks to business plans and earnings growth than reported [4]. - The company reported an EBITDA of $5.7 billion for Q2 2025, indicating a 0.5% growth, but also a loss of 117,000 Internet customers, with approximately 50,000 disconnects attributed to the ACP's end [5]. Group 3: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [7]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [7].
CHTR INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Securities Class Action Lawsuit
GlobeNewswire News Room· 2025-09-04 18:15
Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and its executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., and it involves purchasers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1][5]. - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, leading to significant customer declines and revenue issues [3]. Group 2: Financial Impact - Charter Communications reported EBITDA of $5.7 billion for Q2 2025, reflecting a growth of 0.5%, but also a loss of 117,000 Internet customers, including 50,000 disconnects due to the ACP ending [4]. - Following the financial results announcement, Charter Communications' stock price dropped by more than 18% [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in this class action lawsuit and has a strong track record in securities fraud cases, recovering over $2.5 billion for investors in 2024 alone [6].
CHTR INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Investor Class Action Lawsuit
Prnewswire· 2025-08-30 01:00
Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and its executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., and it involves purchasers or acquirers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1][5]. - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, leading to significant customer declines and revenue issues [3]. Group 2: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, indicating a growth of 0.5% [4]. - The company experienced a decline of 117,000 Internet customers, with approximately 50,000 disconnects attributed to the end of the ACP [4]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [4]. Group 3: Legal Representation - Robbins Geller Rudman & Dowd LLP is representing investors in the class action lawsuit and is recognized as a leading law firm in securities fraud and shareholder litigation [6]. - The firm has secured over $2.5 billion for investors in securities-related class action cases in 2024, ranking first in monetary relief for investors [6].
CHTR INVESTOR NOTICE: Charter Communications, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
Prnewswire· 2025-08-25 11:12
Core Viewpoint - The Charter Communications class action lawsuit alleges that the company and its executives made misleading statements regarding the impact of the Federal Communications Commission's Affordable Connectivity Program (ACP) ending, which affected customer declines and revenue growth [3][4]. Group 1: Lawsuit Details - The class action lawsuit is titled Sandoval v. Charter Communications, Inc., and it involves purchasers or acquirers of Charter Communications securities from July 26, 2024, to July 24, 2025 [1]. - Investors have until October 14, 2025, to seek appointment as lead plaintiff in the lawsuit [1]. - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending, leading to significant customer declines and revenue issues [3]. Group 2: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, reflecting a growth of 0.5% [4]. - The company experienced a decline of 117,000 Internet customers, with approximately 50,000 disconnects attributed to the end of the ACP [4]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [4]. Group 3: Legal Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Charter Communications securities during the Class Period to seek lead plaintiff status [5]. - The lead plaintiff represents the interests of all class members and can select a law firm for litigation [5]. Group 4: Law Firm Background - Robbins Geller Rudman & Dowd LLP is a leading law firm specializing in securities fraud and shareholder litigation, having recovered over $2.5 billion for investors in 2024 alone [6]. - The firm has been ranked 1 in securing monetary relief for investors in securities class action cases for four out of the last five years [6].
Charter Communications, Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. October 14, 2025 Deadline to file Lead Plaintiff Motion
GlobeNewswire News Room· 2025-08-21 20:05
Core Viewpoint - Charter Communications is facing a class action lawsuit due to alleged misleading statements and failure to disclose significant operational challenges related to the termination of the Federal Communications Commission's Affordable Connectivity Program, which negatively impacted subscriber growth and revenue [3][4]. Group 1: Class Action Details - The class action represents investors who purchased securities between July 26, 2024, and July 24, 2025, with a deadline to file a lead plaintiff motion by October 14, 2025 [1]. - Investors are encouraged to contact the Portnoy Law Firm for a complimentary case evaluation regarding their legal rights and options for recovering losses [2]. Group 2: Allegations Against Charter Communications - The lawsuit alleges that Charter Communications failed to manage the impact of the Affordable Connectivity Program's termination, which led to a sustained negative effect on Internet subscriber growth and revenue [3]. - It is claimed that the company did not implement effective operational strategies to mitigate the adverse effects of the ACP's termination, resulting in greater risks to its business plans and earnings growth than disclosed [3]. Group 3: Financial Impact - On July 25, 2025, Charter Communications reported second quarter 2025 results, showing EBITDA of $5.7 billion, reflecting only 0.5% growth, and a loss of 117,000 Internet customers, including approximately 50,000 disconnects related to the ACP's termination [4]. - Following the announcement of these results, Charter Communications' stock price fell by more than 18%, indicating significant investor injury [4].
Investor Alert: Robbins LLP Informs Investors of the Charter Communications, Inc. Class Action
Prnewswire· 2025-08-18 06:05
Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. for allegedly misleading investors about its business prospects, particularly regarding the impact of the Affordable Connectivity Program's end on customer declines and revenue [1][2]. Group 1: Allegations and Impact - The lawsuit claims that Charter failed to disclose the material impact of the Affordable Connectivity Program (ACP) ending, which affected Internet customer declines and revenue [2]. - It is alleged that Charter's operational strategies were not sufficient to mitigate the negative effects of the ACP ending, leading to greater risks to business plans and earnings growth than reported [2]. - The company reportedly provided overly optimistic statements about its operational execution and long-term EBITDA growth without a reasonable basis [2]. Group 2: Financial Performance - Charter reported an EBITDA of $5.7 billion for Q2 2025, indicating a year-over-year growth of 0.5%. However, this growth was attributed to a one-time benefit of $45 million in "other revenue" [3]. - Excluding this one-time benefit, EBITDA would have missed consensus estimates by 2.4% and shown a decline of 0.3% year-over-year [3]. - Following the financial results announcement, Charter's stock price dropped by $70.25, or over 18%, closing at $309.75 per share on July 25, 2025 [3].