NEW YORK, Sept. 30, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities (as well as purchasers of call options or sellers of put options) of Charter Communications, Inc. (NASDAQ: CHTR) between July 26, 2024 and July 24, 2025, both dates inclusive (the “Class Period”), of the important October 13, 2025 lead plaintiff deadline. SO WHAT: If you purchased Charter Communications securities during the Class Period you may be entitled to compensation w ...

Core Viewpoint - Charter Communications, Inc. is facing a class action lawsuit due to alleged misleading statements regarding the impact of the termination of the Federal Communications Commission's Affordable Connectivity Program on its business performance and subscriber growth [3][4]. Group 1: Class Action Details - The class action is on behalf of investors who purchased securities between July 26, 2024, and July 24, 2025, with a deadline to file a lead plaintiff motion by October 13, 2025 [1]. - Investors are encouraged to contact the Portnoy Law Firm for legal rights discussions and case evaluations [2]. Group 2: Allegations Against Charter Communications - The lawsuit claims that Charter failed to disclose the material impact of the Affordable Connectivity Program's termination, which negatively affected Internet subscriber growth and revenue [3]. - It is alleged that Charter did not implement operational strategies to mitigate the adverse effects of the ACP's termination, leading to greater risks to its business plans and earnings growth than previously disclosed [3]. - The company reported an EBITDA of $5.7 billion for Q2 2025, reflecting only 0.5% growth, alongside a loss of 117,000 Internet customers, which included about 50,000 disconnects related to the ACP's termination [4]. Group 3: Market Reaction - Following the announcement of its Q2 2025 results, Charter Communications' stock price dropped by more than 18%, indicating significant investor concern and injury [4].

Core Viewpoint - Investors with losses in Charter Communications, Inc. have the opportunity to lead a securities fraud class action lawsuit against the company due to alleged misleading statements regarding its business operations and customer declines [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit alleges that between July 26, 2024, and July 24, 2025, Charter failed to disclose several material facts, including: 1. The impact of the end of the ACP (Affordable Connectivity Program) was a significant event that the company could not manage effectively [2]. 2. The end of the ACP was contributing to ongoing declines in Internet customers and revenue [2]. 3. The company was not executing broader operations to compensate for the impact of the ACP ending [2]. 4. The declines in Internet customers and the failure of Charter's execution strategy posed greater risks to business plans and earnings growth than reported [2]. 5. The company had no reasonable basis for claiming successful operations or managing customer declines, leading to overly optimistic statements about its long-term trajectory and EBITDA growth [2]. 6. Consequently, the positive statements made by the defendants regarding the company's business and prospects were materially misleading [2]. Participation Information - Investors wishing to participate in the class action must act before October 14, 2025, which is the lead plaintiff deadline [2]. - Interested parties can contact Glancy Prongay & Murray LLP for more information regarding their rights and interests in this matter [3][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 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].

Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. for allegedly making false or misleading statements regarding its business operations and the impact of the Federal Communications Commission's Affordable Connectivity Program ending [7]. Allegation Details - The lawsuit claims that Charter failed to disclose the material impact of the Affordable Connectivity Program's end, which led to a decline in Internet customers and revenue [7]. - It is alleged that Charter did not manage the consequences of the ACP ending effectively and that its operational strategies were insufficient to mitigate the resulting risks [7]. - The lawsuit highlights that Charter's optimistic statements about its operational execution and earnings growth lacked a reasonable basis [7]. Financial Impact - On July 25, 2025, Charter reported second quarter 2025 financial results, showing EBITDA of $5.7 billion, reflecting a growth of only 0.5% [7]. - The company experienced a decline of 117,000 Internet customers, which included approximately 50,000 disconnects related to the ACP's end [7]. - Following the announcement of these results, Charter's stock price fell by more than 18% [7].

Core Viewpoint - A securities fraud class action lawsuit has been filed against Charter Communications, Inc. for alleged misrepresentations regarding its operations, business, and finances, affecting investors who acquired securities between July 26, 2024, and July 24, 2025 [3][4]. Group 1: Lawsuit Details - The lawsuit was initiated in the United States District Court for the Southern District of New York on behalf of investors who purchased or acquired Charter securities during the specified period [3]. - Allegations include violations of the Securities Exchange Act of 1934 against Charter and certain senior officers [3]. - Investors wishing to serve as lead plaintiff must file by October 14, 2025, although participation in any recovery does not require serving as lead plaintiff [4]. Group 2: Legal Representation - Bernstein Liebhard LLP operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless there is a recovery [5]. - The firm has a strong track record, having recovered over $3.5 billion for clients since 1993 and representing large public and private pension funds [6].

Core Viewpoint - A class action lawsuit has been filed against Charter Communications, Inc. (NASDAQ: CHTR) alleging that the company made materially false and misleading statements regarding its business operations and the impact of the Affordable Connectivity Program (ACP) ending on its internet customer base and revenue [2]. Group 1: Allegations - The lawsuit claims that Charter failed to disclose the significant impact of the ACP end, which contributed to internet customer declines and revenue losses [2]. - It is alleged that the company did not execute broader operations effectively to mitigate the adverse effects of the ACP ending [2]. - The complaint states that Charter's internet customer declines and execution failures posed greater risks to its business plans and earnings growth than previously reported [2]. - As a result, the company allegedly lacked a reasonable basis for its positive statements regarding its operations and long-term growth trajectory [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as July 26, 2024, to July 24, 2025, during which shareholders who purchased Charter securities may be eligible to participate [1]. - Shareholders are encouraged to register for the class action by October 14, 2025, to be considered for lead plaintiff status and to receive updates on the case [3]. - The Gross Law Firm, which is leading the class action, emphasizes its commitment to protecting investors' rights against deceitful business practices [4].

Core Viewpoint - The article discusses a class action lawsuit against Charter Communications, alleging violations of the Securities Exchange Act of 1934 due to misleading statements and failure to disclose significant impacts on the company's performance related to the end of the Federal Communications Commission's Affordable Connectivity Program [1][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 [2][6]. - The lawsuit alleges that Charter Communications and its executives made false statements regarding the company's ability to manage the impact of the Affordable Connectivity Program's end, which affected customer retention and revenue [4]. 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% [5]. - The company experienced a decline of 117,000 Internet customers, with approximately 50,000 disconnects attributed to the end of the Affordable Connectivity Program [5]. - Following the financial results announcement, Charter Communications' stock price fell by more than 18% [5]. Group 3: Company Background - Charter Communications operates as a broadband connectivity and cable operator, serving both residential and commercial customers [3]. - Robbins Geller Rudman & Dowd LLP, the law firm representing the investors, is recognized for its significant recoveries in securities fraud cases, having recovered over $2.5 billion for investors in 2024 alone [7].

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 [1][3]. Group 1: Allegations Against Charter - The lawsuit claims that Charter failed to disclose the significant impact of the cancellation of the Affordable Connectivity Program (ACP) on its Internet customer base and revenue [3]. - It is alleged that Charter's operational strategies were inadequate to mitigate the adverse effects of the ACP ending, leading to greater risks to business plans and earnings growth than previously reported [3]. - The complaint asserts that Charter's positive statements about its business and growth prospects were misleading and lacked a reasonable basis throughout the class period [3]. Group 2: Class Period and Legal Process - The class period for the lawsuit is defined as July 26, 2024, to July 24, 2025, with a lead plaintiff deadline set for October 14, 2025 [1][4]. - Investors who suffered losses during this period may seek to be appointed as lead plaintiffs or remain absent class members [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]. 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 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]. - 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 earlier statements [4]. Group 4: Stock Performance - Following the announcement of its second quarter 2025 financial results on July 25, 2025, Charter reported a decrease of 117,000 total internet customers, including approximately 50,000 disconnects related to the end of the ACP, nearly double from the previous quarter [5]. - The 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, reflecting the negative market reaction to the news [5].