Charter Communications Falls 0.37% with $40B Volume at 228th Rank as ACP Litigation Alleges Misleading Disclosures and Customer Declines

Charter Communications (CHTR) closed August 18, 2025, with a 0.37% decline, trading at $0.40 billion in volume, ranking 228th in market activity for the day. A class-action lawsuit filed by Bragar Eagel & Squire, P.C. has sparked investor scrutiny over the company's management of the Federal Communications Commission's Affordable Connectivity Program (ACP) phaseout. The litigation alleges Charter failed to adequately disclose the long-term financial and operational risks associated with the ACP's termination, which contributed to sustained internet customer losses and revenue declines. The lawsuit further claims the company's public statements about its execution strategy were misleading, as internal challenges persisted despite reported EBITDA growth in Q2 2025.

The legal action focuses on a July 25, 2025 earnings announcement, which revealed a 117,000 internet customer decline in Q2 2025, partially attributed to ACP-related disconnections. While Charter reported $5.7 billion in EBITDA, suggesting 0.5% growth, the stock fell over 18% following the disclosure. Investors impacted during the class period (July 26, 2024–July 24, 2025) are being advised to evaluate legal options regarding alleged misrepresentations. The lawsuit argues Charter's inability to adapt to the ACP's end exposed systemic operational weaknesses, contradicting public optimism about long-term growth trajectories.

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