Class Action Lawsuit Filed Against Charter Communications, Inc. (NASDAQ: CHTR)

Charter Communications, Inc. is facing a securities class action lawsuit on behalf of investors who purchased or acquired Charter securities between July 26, 2024, and July 24, 2025. The complaint alleges that defendants made false and/or misleading statements about the company's business, operations, and prospects. The lead plaintiff deadline is October 14, 2025. Investors who suffered losses may contact Kessler Topaz Meltzer & Check, LLP for more information.

Charter Communications, Inc. (NASDAQ: CHTR) is currently facing a securities class action lawsuit on behalf of investors who purchased or acquired Charter securities between July 26, 2024, and July 24, 2025. The complaint alleges that the company made false and/or misleading statements about its business, operations, and prospects during this period.

The lawsuit, filed in the U.S. District Court for the Southern District of New York, is pending under the caption Sandoval v. Charter Communications, Inc., No. 1:25-cv-06747. The lead plaintiff deadline is October 14, 2025, and investors who suffered losses are encouraged to contact Kessler Topaz Meltzer & Check, LLP for more information.

The complaint alleges that Charter participated in the FCC’s Affordable Connectivity Program (ACP), which provided funding for high-speed internet plans for low-income households. In June 2024, the lack of federal funding caused the ACP to end, leading to customer declines at Charter. During this period, Charter told investors that it had managed the end of the ACP successfully, but as alleged, the impact from the ACP’s elimination was not behind the company.

On July 25, 2025, Charter announced its second quarter 2025 financial results. The company reported a total internet customer decline of 117,000, including approximately 50,000 disconnects related to the end of the ACP, nearly double the prior quarter. This news caused Charter's stock price to fall $70.25 per share, or 18.4%, from a closing price of $380.00 per share on July 24, 2025, to $309.75 per share on July 25, 2025 [1].

Investors who believe they may have been affected by these events are encouraged to review their investment records and contact Kessler Topaz Meltzer & Check, LLP to discuss potential legal options.

References:

[1] https://www.morningstar.com/news/globe-newswire/9515701/chtr-breaking-class-action-charter-communications-inc-investors-are-notified-of-the-october-14-class-action-deadline-contact-bfa-law-nasdaqchtr