Class Action Lawsuit Filed Against Charter Communications, Inc.

The lawsuit, filed on behalf of all persons and entities who purchased or otherwise acquired Charter Communications, Inc. securities, seeks to recover losses resulting from alleged securities fraud. The class period spans from July 26, 2024, to July 24, 2025, inclusive. The complaint alleges that the company made false statements and/or concealed material information about the impact of the Affordable Connectivity Program (ACP) end and the effects on Internet customer declines and revenue.

Key Takeaways:

• The lawsuit alleges that Charter Communications, Inc. made false statements about its business operations, customer declines, and revenue growth during the class period.
• The complaint claims that the company failed to disclose the sustaining impact of the ACP end on Internet customer declines and revenue.
• The lawsuit alleges that Charter's execution strategy created greater risks on business plans and earnings growth than reported.
• The company is accused of misleading investors with optimistic statements about its long-term trajectory and EBITDA growth.
• The case aims to recover losses for investors who suffered as a result of the alleged securities fraud.
• Investors may request the Court to appoint them as lead plaintiff by October 14, 2025, to participate in the lawsuit.

Statistics:

• July 26, 2024, to July 24, 2025: the class period for the lawsuit.
• October 14, 2025: the deadline for investors to request appointment as lead plaintiff.
• $100 million: the estimated amount secured by Levi & Korsinsky for aggrieved shareholders in the past 20 years.
• 70: the number of employees at Levi & Korsinsky to serve clients.
• 7 years in a row: Levi & Korsinsky has ranked in the ISS Securities Class Action Services Top 50 Report as one of the top securities litigation firms in the United States.

Sources:

• GlobeNewswire, "Levi & Korsinsky, LLP Notifies Investors of Class Action Lawsuit Against Charter Communications, Inc.," [no date].