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Charter Communications Faces Class Action Lawsuit Over Misleading Statements
ByAinvest
Friday, Aug 22, 2025 8:04 pm ET1min read
Kessler Topaz Meltzer & Check, LLP has filed a securities class action lawsuit against Charter Communications, Inc. (CHTR) on behalf of those who purchased or sold the company's securities between July 26, 2024, and July 24, 2025. The lawsuit alleges that Charter made false and misleading statements about its business operations and prospects during this period, including the impact of the Affordable Connectivity Program ending. The lead plaintiff deadline is October 14, 2025.
Charter Communications, Inc. (CHTR) is facing a securities class action lawsuit filed by Kessler Topaz Meltzer & Check, LLP on behalf of investors who purchased or sold the company's securities between July 26, 2024, and July 24, 2025. The lawsuit alleges that Charter made false and misleading statements about its business operations and prospects during this period, particularly regarding the impact of the Affordable Connectivity Program (ACP) ending [1].The lawsuit claims that Charter failed to disclose the material impact of the ACP cancellation on its Internet customer base and revenue. It further alleges that Charter did not execute broader operations to mitigate the effects of the ACP ending, leading to greater risks on business plans and earnings growth than reported. As a result, the lawsuit contends that Charter's positive statements about its business operations and prospects were materially misleading [2].
Investors who suffered losses during the relevant time frame have until October 14, 2025, to request that the court appoint them as lead plaintiffs. The lead plaintiff deadline is crucial for investors to participate in the lawsuit and potentially share in any recovery [1].
Charter Communications, Inc. has not yet responded to the lawsuit, and the case is ongoing. Investors are advised to stay informed about the developments and consider seeking legal advice if they believe they may be affected.
References:
[1] https://www.morningstar.com/news/pr-newswire/20250822dc57508/class-action-announcement-for-charter-communications-inc-chtr-kessler-topaz-meltzer-check-llp-announces-that-a-securities-class-action-lawsuit-has-been-filed-against-charter-communications-inc
[2] https://www.morningstar.com/news/globe-newswire/9516505/chtr-lawsuit-alert-levi-korsinsky-notifies-charter-communications-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline
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