• Bloomberg financial analyst investigating Charter Communications, Inc. for securities fraud.
• Total internet customers declined by 117,000 in Q2 2025.
• Total video customers decreased by 80,000 in Q2 2025.
• Charter's stock price fell 18.5% on July 25, 2025.
• Investors advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.
Charter Communications, Inc. (NASDAQ: CHTR), a leading broadband connectivity and cable operator in the United States, has been facing scrutiny following significant customer losses and a substantial drop in its stock price. Edelson Lechtzin LLP, a national class action law firm, has announced an investigation into potential violations of federal securities laws involving Charter, alleging that the company may have provided misleading business information to investors [1].
The investigation comes on the heels of Charter's second-quarter 2025 earnings report, which revealed that its core internet business lost 117,000 customers and its video business lost approximately 80,000 customers during the same period. These customer losses significantly missed both analyst expectations and company guidance for 2025. Following the disclosure, Charter's stock price fell by $70.25 per share, or 18.49%, to close at $309.75 per share on July 25, 2025 [1].
The investigation by Edelson Lechtzin LLP encourages investors who have suffered substantial losses or have relevant information to contact the firm. Investors can provide their information or contact attorney Eric Lechtzin by calling 844-563-5550 or via e-mail at elechtzin@edelson-law.com [1].
Charter's struggles with customer retention are not isolated. Comcast Corporation (NASDAQ: CMCSA), the largest broadband provider in the U.S., also reported a loss of 226,000 total domestic broadband customers during the second quarter of 2025. Despite this, Comcast's stock price was up about 3% in early trading, as the company reported earnings that beat Wall Street estimates [2].
The competitive environment for broadband services remains intense, with both Charter and Comcast facing challenges from alternative providers like 5G. Charter and Comcast have been focusing on their mobile businesses for growth, with Charter adding 250,000 mobile customers during the second quarter and Comcast adding a record 378,000 mobile customers [2].
Investors are advised to remain vigilant and seek legal counsel if they believe they have been adversely affected by potential securities violations. Danielle Peyton of New Action Law can be contacted at newaction@pomlaw.com or 646-581-9980, ext. 7980 for further guidance [1].
References:
[1] https://www.morningstar.com/news/pr-newswire/20250730ph41523/investigation-alert-edelson-lechtzin-llp-announces-an-investigation-of-charter-communications-inc-nasdaq-chtr-and-encourages-investors-with-substantial-losses-or-witnesses-with-relevant-information-to-contact-the-firm
[2] https://www.cnbc.com/2025/07/31/comcast-cmcsa-earnings-q2-2025.html
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