Charter Communications sued by investors for potential securities law violations.

A securities lawsuit has been filed against Charter Communications, Inc. and its senior executives for potential violations of federal securities laws. 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. Investors have until October 14, 2025, to ask the Court to be appointed to lead the case.

July 02, 2025 - Charter Communications, Inc. (NASDAQ: CHTR) and its senior executives are facing a securities lawsuit for potential violations of federal securities laws. The lawsuit, filed on August 24, 2025, alleges that the company made materially false and misleading statements and/or failed to disclose critical information to investors during a specific period [1].

The class action lawsuit, filed by Bronstein, Gewirtz & Grossman, LLC, seeks damages on behalf of investors who purchased or otherwise acquired Charter securities between July 26, 2024, and July 24, 2025 [1]. The complaint alleges that Charter failed to disclose that it was unable to manage the end of the Affordable Connectivity Program (ACP), leading to sustained declines in internet customers and revenue [1].

Investors have until October 14, 2025, to ask the Court to be appointed as lead plaintiffs in the case [1]. The lawsuit is pending in the U.S. District Court for the Southern District of New York and is captioned Sandoval v. Charter Communications, Inc., No. 1:25-cv-06747 [2].

The lawsuit is not the first allegation of wrongdoing against Charter. In June 2024, the ACP ended due to lack of federal funding, resulting in customer declines at Charter [2]. Despite stating that the impact of the ACP's elimination was behind them, the company continued to experience internet customer and revenue declines [2].

On July 25, 2025, Charter announced its second quarter 2025 financial results, revealing a significant drop in internet customers and a corresponding stock price decline of 18.4% [2]. The lawsuit alleges that Charter's positive statements about its business, operations, and prospects were materially misleading [2].

Investors are encouraged to review the complaint and contact legal representation if they wish to participate in the lawsuit. The lawsuit is being handled on a contingency fee basis, meaning there is no cost to investors unless the case is successful [1, 2, 3].

References:
[1] https://www.globenewswire.com/news-release/2025/08/24/3138169/9788/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://kfor.com/business/press-releases/accesswire/1064406/chtr-stock-notice-charter-communications-inc-was-sued-for-fraud-after-stock-plummeted-18-investors-urged-to-contact-bfa-law-before-october-14/
[3] https://www.marketscreener.com/news/charter-communications-inc-chtr-investors-who-lost-money-have-opportunity-to-lead-securities-fra-ce7c50d8da8af022