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].

Group 1 - Oakmark Equity and Income Fund underperformed the S&P 500 / Bloomberg U.S. Aggregate Bond Index in Q3 2025, with a return of 3.64% for equities and 2.40% for fixed income [1] - The Fund's allocation was 59.6% in equities, 39.3% in fixed income, and 1.1% in cash [1] - Charter Communications, Inc. was highlighted as a top detractor in the Fund's performance, with a stock price decline following weak Q2 earnings and a significant drop in broadband subscriptions [3] Group 2 - Charter Communications, Inc. had a one-month return of 1.59% but lost 18.72% of its value over the last 52 weeks, closing at $265.00 per share with a market capitalization of $36.197 billion [2] - Despite near-term volatility in subscriber results, the company’s average revenue per user (ARPU) growth accelerated, indicating potential long-term competitiveness [3] - Charter Communications is not among the 30 Most Popular Stocks Among Hedge Funds, with a decrease in hedge fund holdings from 59 to 56 [4]

Core Viewpoint - A securities class action lawsuit has been filed against Charter Communications, Inc. for allegedly making materially false and misleading statements regarding its business operations and the impact of the Affordable Connectivity Program cancellation on its performance [1][2]. Allegations of Misconduct - The lawsuit claims that Charter failed to disclose the significant negative impact of the cancellation of the Affordable Connectivity Program (ACP) on its Internet customer base and revenue [2]. - It is alleged that Charter's management did not effectively address the operational challenges posed by the end of the ACP, leading to greater risks to business plans and earnings growth than previously reported [2]. - The complaint asserts that Charter's positive statements about its operations and growth trajectory were misleading and lacked a reasonable basis [2]. Lead Plaintiff Process - Investors in Charter have until October 14, 2025, to seek appointment as a lead plaintiff representative in the class action [3]. - The lead plaintiff will represent the interests of all class members and select legal counsel to direct the litigation [3]. Firm Background - Kessler Topaz Meltzer & Check, LLP is known for prosecuting class actions and has a reputation for recovering significant amounts for victims of corporate misconduct [4].

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]. Company Overview - Charter Communications 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]. Legal Context - The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Charter securities, with the case pending in the U.S. District Court for the Southern District of New York [2]. Impact of ACP Termination - The ACP ended in June 2024 due to a lack of federal funding, leading to customer declines at Charter. The company had previously communicated to investors that it was managing the risks associated with the end of the ACP, claiming that the impact was behind them [3][4]. Financial Performance - In the second quarter of 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. Following this announcement, Charter's stock price fell by $70.25 per share, or 18.4%, from $380.00 to $309.75 [5].

Core Insights - Spectrum has launched The Spectrum App Store, a digital marketplace for customers to manage and upgrade streaming apps included in their TV plans, enhancing the Seamless Entertainment experience [2][3][4] Group 1: Spectrum App Store Launch - The Spectrum App Store allows customers to activate, manage, and purchase streaming apps, providing up to $125 in monthly retail value at no extra cost for eligible video plans [3][4] - The launch event featured discussions among industry leaders, including Chris Winfrey from Charter Communications and Kristin Dolan from AMC Networks, focusing on evolving content partnerships [3][4] Group 2: Features and Offerings - The app store includes popular streaming services such as Disney+ Hulu Bundle, ESPN Unlimited, and HBO Max Basic with Ads, with more apps expected to be added soon [4] - Non-video customers can also access and purchase streaming apps through The Spectrum App Store, with future plans to simplify activation on the Xumo Stream Box [4] Group 3: Marketing and Promotions - The new ad campaign "Where's My Knicks Game?" featuring Tracy Morgan highlights the challenges sports fans face in finding games and promotes the new Xumo feature for easier access [5][6] - The ad emphasizes enhanced voice search and team pages to help fans quickly locate their games across various platforms [5][6] Group 4: Partnerships and Innovations - Spectrum announced a partnership with Apple to distribute live Lakers games in Apple Immersive for the 2025-26 season, enhancing the viewing experience for fans [7] - A new B2B partnership with Amazon allows secure auto-connection to the Spectrum Mobile Network for enterprise connectivity, optimizing network options [8][9]

Core Points - Rosen Law Firm is reminding investors who purchased Charter Communications securities between July 26, 2024, and July 24, 2025, of the lead plaintiff deadline on October 14, 2025 [1] - Investors may be entitled to compensation without out-of-pocket fees through a contingency fee arrangement [2] Class Action Details - A class action lawsuit has been filed against Charter Communications, alleging that the company made false or misleading statements regarding the impact of the FCC's Affordable Connectivity Program ending, which affected internet customer declines and revenue [5] - The lawsuit claims that Charter Communications failed to manage the impact of the ACP ending and misled investors about its operational execution and business outlook [5] Legal Representation - Investors are encouraged to select qualified legal counsel with a successful track record in securities class actions, as many firms may not have the necessary experience [4] - The Rosen Law Firm has a history of significant recoveries for investors, including over $438 million in 2019 alone [4]

Core Thesis - Charter Communications, Inc. is viewed as an undervalued investment opportunity with significant upside potential driven by its competitive positioning, strategic mergers, and operational resilience [1][6]. Company Overview - Charter Communications is the second-largest broadband provider in the U.S., serving approximately 26% of consumers and controlling critical infrastructure valued in the tens of billions [2]. - The company's hybrid-fiber coaxial network remains dominant, providing speeds that exceed typical household needs and is scalable through DOCSIS 4.0 upgrades [2]. Financial Performance - Charter's high-speed internet business is the primary driver of earnings, while video and wireless services contribute incremental growth, with Spectrum Mobile being the fastest-growing mobile network in the U.S. [3]. - The stock is currently trading at about $270.57, with trailing and forward P/E ratios of 7.41 and 6.15, respectively, indicating potential undervaluation [1]. Market Dynamics - Post-COVID broadband dynamics have led to subscriber volatility, influenced by the Affordable Connectivity Program and increased competition [4]. - Despite challenges from Fixed Wireless Access and fiber overbuilders, the inherent limitations of these alternatives suggest that Charter's hybrid-fiber coaxial network will continue to play a central role in U.S. broadband [4]. Strategic Initiatives - Upcoming strategic transactions, including the Liberty Broadband merger and the proposed Cox Communications merger, are expected to enhance market share and create significant synergies [5]. - The company’s long-dated, low-rate debt structure is designed to enhance shareholder value, supported by strong cash flow and a dominant infrastructure footprint [6]. Future Outlook - Stabilization in net broadband additions, moderation in capital expenditures, and a return to aggressive buybacks are anticipated to facilitate a re-rating of the stock [4]. - Multiple catalysts, including subscriber stabilization, merger synergies, and capital return initiatives, are expected to drive significant upside over the next 12 to 24 months [6].

Core Points - Spectrum News has reached an agreement with Comcast to expand its distribution to Xfinity TV customers in Connecticut, Northern New Jersey, Orlando, and Tampa [1][5] - The expansion aims to provide community-driven reporting and unbiased local journalism, addressing the shrinking local news coverage across the country [2] - Spectrum News features 24/7 coverage of local and national stories, breaking news, political coverage, and local weather [2] Company Overview - Spectrum Networks is owned and operated by Charter Communications, Inc., serving over 57 million homes and businesses in 41 states [3] - The network operates more than 30 distinct local programming channels and has launched various platforms, including a streaming news network and a mobile news app with over 5.5 million downloads [2][3] - Spectrum News is committed to making its content accessible across multiple platforms, including connected TV apps on Xumo Stream Box, Roku, and Apple TV [2]

Core 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].

Core Insights - LRT Capital Management's "LRT Global Opportunities Strategy" reported a net return of -8.00% for September 2025, with a year-to-date return of -0.17%, indicating a challenging month due to market dynamics [1] - The strategy employs a systematic long/short approach to generate positive returns while managing downside risks and maintaining low net exposure to equity markets [1] Company Overview: Charter Communications, Inc. - Charter Communications, Inc. (NASDAQ:CHTR) is a major broadband connectivity and cable operator in the U.S., providing services under the Spectrum brand [3] - The company reported a one-month return of 5.13%, but its shares have decreased by 17.23% over the past 52 weeks [2] - As of October 7, 2025, Charter's stock closed at $276.48 per share, with a market capitalization of $37.765 billion [2] Competitive Position - Charter's business model is supported by a robust hybrid fiber-coaxial network infrastructure, which serves as a competitive advantage [3] - The network reaches over 57 million homes and businesses across 41 states, providing Charter with significant scale and a durable position in the telecommunications sector [3]