Lawsuit Filed Against Charter Communications, Inc. for Alleged Securities Law Breaches - Consult The Gross Law Firm by October 14, 2025 to Explore Your Legal Options - CHTR
News Article: Gross Law Firm Files Lawsuit Against Charter Communications, Inc.
The Gross Law Firm has announced it will file a lawsuit against Charter Communications, Inc. (NASDAQ: CHTR) on behalf of shareholders who purchased or acquired Charter securities between July 26, 2024, and July 24, 2025. The lawsuit alleges that the company failed to disclose material information regarding the impact of the Affordable Connectivity Program (ACP) end and its inability to manage or promptly move beyond this material event.
According to the complaint, the ACP end had a sustaining impact on Internet customer declines and revenue, and the company 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. The complaint further alleges that the defendants materially misled with, and/or lacked a reasonable basis for, their positive statements about the company's business, operations, and outlook during the class period.
This lawsuit is on behalf of all persons and entities who purchased or otherwise acquired Charter securities, purchased call options on Charter common stock, or sold put options on Charter common stock during the specified class period. Shareholders are encouraged to contact the firm regarding possible lead plaintiff appointment. The deadline to seek to be a lead plaintiff in this class action is October 14, 2025.
Shareholders who purchased shares of CHTR during the specified class period are encouraged to register for this class action by October 14, 2025, to be enrolled in a portfolio monitoring software and receive status updates throughout the lifecycle of the case. The notice is issued by the Gross Law Firm, a nationally recognized class action law firm committed to protecting the rights of investors who have suffered as a result of deceit, fraud, and illegal business practices.
The contact information for the Gross Law Firm is as follows:
15 West 38th Street, 12th floor New York, NY, 10018 Email: [email protected] Phone: (646) 453-8903
The complaint alleges that the Internet customer declines and broader failure of Charter's execution strategy created much greater risks on business plans and earnings growth than reported. Moreover, the complaint alleges that the company was not executing broader operations in a way that would compensate for, or overcome the impact, of the ACP ending.
Appointment as lead plaintiff is not required to partake in any recovery. Shareholders who believe they may be affected by this lawsuit are encouraged to visit the Gross Law Firm's website or contact the firm directly for more information.
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