Charter Communications Class Action Lawsuit Filed Over 18% Stock Drop
ByAinvest
Wednesday, Aug 20, 2025 7:08 am ET1min read
CHTR--
Key Allegations
The lawsuit alleges that Charter made materially false and misleading statements and failed to disclose adverse facts about the company's business, operations, and prospects. Specifically, it is claimed that Charter:
1. Was not capable of managing the end of the ACP.
2. Failed to disclose that the ACP's termination resulted in a sustained decline in internet customers and revenue.
3. Did not have a reasonable basis to assert that it was successfully executing its operations plan or effectively managing the causes of customer declines.
4. Provided overly optimistic statements about the long-term trajectory of the company and EBITDA growth.
Investor Response
Investors who purchased Charter common stock between July 26, 2024, and July 24, 2025, are encouraged to contact the law firms involved to discuss their legal rights. The firms include Bronstein, Gewirtz & Grossman, LLC, Pomerantz LLP, and Law Offices of Howard G. Smith. Investors have until October 14, 2025, to file a lead plaintiff motion.
Legal Firms Involved
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm that represents investors in securities fraud class actions and shareholder derivative suits. Pomerantz LLP is acknowledged as one of the premier firms in corporate, securities, and antitrust class litigation. Law Offices of Howard G. Smith is also involved in the case.
Next Steps
Investors who wish to review the Complaint or have any questions concerning the lawsuit can contact the respective law firms. There is no cost to investors for joining the class action, as the firms will ask for reimbursement only if they are successful.
References
[1] https://www.globenewswire.com/news-release/2025/08/18/3135282/9788/en/CHTR-INVESTOR-ALERT-Bronstein-Gewirtz-Grossman-LLC-Announces-that-Charter-Communications-Inc-Investors-with-Substantial-Losses-Have-Opportunity-to-Lead-Class-Action-Lawsuit.html
[2] https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-charter-communications-inc----chtr-302527412.html
[3] https://www.morningstar.com/news/business-wire/20250819865950/deadline-approaching-charter-communications-inc-chtr-investors-who-lost-money-urged-to-contact-law-offices-of-howard-g-smith
Charter Communications, Inc. is facing a class-action lawsuit for potential securities violations. The lawsuit alleges that the company misled investors about the impact of the Affordable Connectivity Program's end on customer declines and earnings. Following Charter's Q2 2025 financial results, the stock price dropped 18.4%. Investors have until October 14, 2025, to ask to be appointed to lead the case.
Charter Communications, Inc. (CHTR) is facing a class-action lawsuit alleging potential securities violations. The lawsuit, filed by several law firms, claims that the company misled investors about the impact of the Affordable Connectivity Program's (ACP) end on customer declines and earnings. The stock price of Charter dropped by 18.5% following its Q2 2025 financial results, with investors having until October 14, 2025, to ask to be appointed as lead plaintiffs.Key Allegations
The lawsuit alleges that Charter made materially false and misleading statements and failed to disclose adverse facts about the company's business, operations, and prospects. Specifically, it is claimed that Charter:
1. Was not capable of managing the end of the ACP.
2. Failed to disclose that the ACP's termination resulted in a sustained decline in internet customers and revenue.
3. Did not have a reasonable basis to assert that it was successfully executing its operations plan or effectively managing the causes of customer declines.
4. Provided overly optimistic statements about the long-term trajectory of the company and EBITDA growth.
Investor Response
Investors who purchased Charter common stock between July 26, 2024, and July 24, 2025, are encouraged to contact the law firms involved to discuss their legal rights. The firms include Bronstein, Gewirtz & Grossman, LLC, Pomerantz LLP, and Law Offices of Howard G. Smith. Investors have until October 14, 2025, to file a lead plaintiff motion.
Legal Firms Involved
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized law firm that represents investors in securities fraud class actions and shareholder derivative suits. Pomerantz LLP is acknowledged as one of the premier firms in corporate, securities, and antitrust class litigation. Law Offices of Howard G. Smith is also involved in the case.
Next Steps
Investors who wish to review the Complaint or have any questions concerning the lawsuit can contact the respective law firms. There is no cost to investors for joining the class action, as the firms will ask for reimbursement only if they are successful.
References
[1] https://www.globenewswire.com/news-release/2025/08/18/3135282/9788/en/CHTR-INVESTOR-ALERT-Bronstein-Gewirtz-Grossman-LLC-Announces-that-Charter-Communications-Inc-Investors-with-Substantial-Losses-Have-Opportunity-to-Lead-Class-Action-Lawsuit.html
[2] https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-charter-communications-inc----chtr-302527412.html
[3] https://www.morningstar.com/news/business-wire/20250819865950/deadline-approaching-charter-communications-inc-chtr-investors-who-lost-money-urged-to-contact-law-offices-of-howard-g-smith
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