Lawsuit Filed Against Charter Communications for Alleged Securities Infractions - Consult Levi & Korsinsky Prior to October 14, 2025 Regarding Your Potential Claim - CHTR
In a recent development, Charter Communications, Inc. finds itself embroiled in a securities class action lawsuit. The lawsuit, which covers investors who purchased or otherwise acquired Charter securities, call options, or sold put options between July 26, 2024, and July 24, 2025, alleges that the defendants made false statements and concealed information about the impact of the Affordable Connectivity Program (ACP) end.
The ACP end is alleged to have had a sustaining impact on Internet customer declines and revenue for the Company. It is claimed that the Company had no reasonable basis to state 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.
The defendants are accused of materially misleading with, or lacking a reasonable basis for, their positive statements about the Company's business and operations during the Class Period. The Internet customer declines and broader failure of Charter's execution strategy created greater risks on business plans and earnings growth than reported.
Levi & Korsinsky, LLP, a renowned firm with extensive expertise in complex securities litigation, is leading the lawsuit. With a team of over 70 employees, the firm has secured hundreds of millions of dollars for aggrieved shareholders and has a track record of winning high-stakes cases. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
The deadline for investors to request appointment as lead plaintiff in the lawsuit is October 14, 2025. Participation in the recovery does not require serving as a lead plaintiff. It is important to note that there are no out-of-pocket costs or fees for class members entitled to compensation.
For more information about the lawsuit or to request appointment as lead plaintiff, contact Levi & Korsinsky, LLP at 33 Whitehall Street, 17th Floor, New York, NY 10004, or by email at [email protected]. You can also reach them by phone at Tel: (212) 363-7500 or Fax: (212) 363-7171. Further details can be found on their website at www.zlk.com.
This article is for informational purposes only and should not be taken as legal advice. Investors are encouraged to consult with their own legal counsel regarding their rights and potential remedies in this matter.
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