A securities class action lawsuit has been filed against Charter Communications, Inc. for allegedly making false and misleading statements about its business, operations, and prospects during the class period. The lawsuit alleges that Charter failed to disclose the impact of the Affordable Connectivity Program's end on its Internet customer declines and revenue, and that its execution strategy was not working as planned. Investors who purchased or sold Charter securities between July 26, 2024, and July 24, 2025, may be eligible to participate in the lawsuit. The lead plaintiff deadline is October 14, 2025.
Charter Communications, Inc. (NASDAQ: CHTR) is facing a securities class action lawsuit, alleging that the company made false and misleading statements about its business, operations, and prospects during a specific period. The lawsuit, filed on behalf of investors who purchased or sold Charter securities between July 26, 2024, and July 24, 2025, alleges that the company failed to disclose the impact of the Affordable Connectivity Program's (ACP) end on its Internet customer declines and revenue. Additionally, it is alleged that Charter's execution strategy was not working as planned [1].
The lawsuit, filed by the law firm Kessler Topaz Meltzer & Check, LLP, claims that Charter made materially false and misleading statements and failed to disclose material adverse facts about the company's business, operations, and prospects during the class period. The firm has encouraged investors who suffered significant losses to contact them directly for more information [1].
Another law firm, Bronstein, Gewirtz & Grossman, LLC, has also filed a similar lawsuit against Charter and its officers. This lawsuit alleges that Charter was not capable of managing the end of the ACP, leading to a sustained decline in internet customers and revenue. The firm has encouraged investors who suffered losses to contact them before the lead plaintiff deadline of October 13, 2025 [2].
A third lawsuit has been filed by Bleichmar Fonti & Auld LLP, alleging that Charter made false and misleading statements about its ability to manage the impact of the ACP's end. The lawsuit asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Charter securities [3].
Investors who purchased or sold Charter securities during the class period may be eligible to participate in these lawsuits. The lead plaintiff deadline for the lawsuit filed by Kessler Topaz Meltzer & Check, LLP is October 14, 2025 [1].
References:
[1] https://www.prnewswire.com/news-releases/class-action-announcement-for-charter-communications-inc-investors--a-securities-fraud-class-action-lawsuit-was-filed-against-charter-communications-inc----contact-kessler-topaz-meltzer--check-llp-302542664.html
[2] https://www.globenewswire.com/news-release/2025/08/31/3141935/9788/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
[3] https://www.globenewswire.com/news-release/2025/09/02/3142512/0/en/CHTR-FRAUD-ALERT-Did-Charter-Communications-Inc-Mislead-Investors-Contact-BFA-Law-about-the-Securities-Class-Action-before-October-14-Deadline.html
Comments
No comments yet