Press release
Lawsuit filed for Investors who lost money with shares of Charter Communications, Inc. (NASDAQ: CHTR)
A lawsuit was filed on behalf of investors in Charter Communications, Inc. (NASDAQ: CHTR) shares.
Investors who purchased shares of Charter Communications, Inc. (NASDAQ: CHTR) have certain options and for certain investors are short and strict deadlines running. Deadline: October 14, 2025. NASDAQ: CHTR investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Stammford, CT based Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. Charter Communications, Inc. (NASDAQ: CHTR) reported that its annual Total Revenue rose from $54.6 billion in 2023 to over $55.08 billion in 2024, and that its Net Income increased from over $4.55 billion in 2023 to $5.08 billion in 2024.
On July 25, 2025, Charter Communications announced second quarter 2025 financial results, reporting EBITDA of $5.7 billion, which suggested 0.5% growth, and a decrease in Internet customers of 117,000, which included the impact of approximately 50,000 disconnects related to the end of the ACP in the second quarter of 2024.
Shares of Charter Communications, Inc. (NASDAQ: CHTR) declined from $437.06 per share on May 16, 2025, to as low as $254.67 per share on August 11, 2025.
The plaintiff claims that between July 26, 2024, and July 24, 2025, the defendants made false and/or misleading statements and/or failed to disclose that the impact of the Federal Communications Commission's Affordable Connectivity Program ("ACP") end was a material event Charter Communications was unable to manage or promptly move beyond, that the ACP end was actually having a sustaining impact on Internet customer declines and revenue, that neither was Charter Communications executing broader operations in a way that would compensate for, or overcome the impact, of the ACP ending, that the Internet customer declines and broader failure of Charter Communications' execution strategy created much greater risks on business plans and earnings growth than reported, and that accordingly, Charter Communications had no reasonable basis to state it was successfully executing operations, managing causes of Internet customer declines, or providing overly optimistic statements about the long term trajectory of Charter Communications and EBITDA growth.
Those who purchased shares of Charter Communications, Inc. (NASDAQ: CHTR) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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