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INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation of Charter Communications, Inc. (NASDAQ: CHTR) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm
Prnewswireยท 2025-07-31 02:21
Group 1 - Charter Communications, Inc. is under investigation for potential violations of federal securities laws due to allegations of providing misleading business information to investors [1][2] - The company reported a loss of 117,000 customers in its core internet business and approximately 80,000 customers in its video business during Q2 2025, significantly missing analyst expectations and company guidance [3] - Following the customer loss disclosure, Charter's stock price dropped by $70.25 per share, or 18.49%, closing at $309.75 per share on July 25, 2025 [3] Group 2 - Edelson Lechtzin LLP is a national class action law firm investigating the case and is open to hearing from Charter investors who suffered losses [2][4] - Charter operates as a broadband connectivity and cable operator in the United States, providing services under the Spectrum brand [2]