NEW YORK–(BUSINESS WIRE)–Rosen Law Firm, a global investor rights law firm, announces that an investor filed a class action lawsuit on behalf of purchasers of securities of Charter Communications, Inc. (NASDAQ: CHTR), as well as purchasers of call options or sellers of put options, between July 26, 2024 and July 24, 2025, both dates inclusive (the “Class Period”). Charter is a leading broadband connectivity company and cable operator.
For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.
The Allegations: Rosen Law Firm is Investigating the Allegations that Charter Communications, Inc. (NASDAQ: CHTR) Misled Investors Regarding its Business Operations.
According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) the impact of the Federal Communications Commission’s (“FCC”) Affordable Connectivity Program (“ACP”) end was a material event the Company was unable to manage or promptly move beyond; (2) the ACP end was having a sustaining impact on Internet customer declines and revenue; (3) neither was Charter Communications executing broader operations in a way that would compensate for, or overcome the impact, of the ACP ending; (4) the Internet customer declines and broader failure of Charter’s execution strategy created much greater risks on business plans and earnings growth than reported; (5) accordingly, Charter Communications had no reasonable basis to state that it was successfully executing operations, managing causes of Internet customer declines, or provide overly optimistic statements about the long term trajectory of the Company and EBITDA growth; and (6) as a result of the foregoing, defendants materially misled with, and/or lacked a reasonable basis for, their positive statements about Charter Communications’ business, operations, and outlook during the Class Period. When the true details entered the market, the lawsuit claims that investors suffered damages.
What Now: You may be eligible to participate in the class action against Charter Communications, Inc. Investors who want to serve as lead plaintiff for the class must file their motions with the court by October 13, 2025. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.
All representation is on a contingency fee basis. Shareholders pay no fees or expenses.
About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does. Rosen Law Firm is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $1 billion for shareholders.
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Contacts
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
