#USA #New York #Class Action #Securities Fraud #Charter Communications

Class Action Lawsuit Filed by Levi & Korsinsky on Behalf of Charter Communications Shareholders

Levi & Korsinsky, LLP, a well-regarded law firm specializing in securities litigation, has announced that it is filing a class-action lawsuit on behalf of shareholders of Charter Communications, Inc. (NASDAQ: CHTR). This action aims to seek restitution for investors who may have suffered losses due to alleged securities fraud that occurred between July 26, 2024, and July 24, 2025. The firm wants to ensure that those affected are informed and have the opportunity to join the legal proceedings.

Class Definition and Background

This legal complaint is specifically targeting individuals and entities that owned Charter securities during the specified timeframe. This includes those who purchased call options or sold put options concerning Charter’s common stock. The essence of the lawsuit revolves around claims that false statements were made by the company, misrepresenting its business operations and financial outlook, which ultimately led to a decline in shareholder value.

The allegations suggest that Charter failed to properly manage and publicly disclose the impact of the end of the Affordable Connectivity Program (ACP), which directly affected its Internet customer base and revenue. The consequences of these actions have purportedly resulted in significant and ongoing risks to the company’s business model and long-term earnings growth. The complaint emphasizes that these misleading statements had a detrimental effect on the company's stock performance and on shareholders' investments.

Details of the Allegations

The lawsuit alleges multiple points of contention concerning the company’s communication:

• - Failure to disclose significant operational impacts: Charter reportedly did not announce how the conclusion of the ACP was affecting its subscriber base and revenues, thus misleading investors about its operational health.
• - Over-optimistic statements: The company is accused of making positive assertions regarding its operational capabilities without a reasonable basis, painting an overly rosy picture of its business trajectory.
• - Inadequate response to declines: Allegations include that Charter was not executing a strategy capable of offsetting the adverse effects of losing customers, which further undermines credibility regarding its structured operational response.

These alleged actions contributed to significant investor losses, leading to this class action being pursued by Levi & Korsinsky. The firm is dedicated to protecting shareholder rights and aims to secure compensation for affected investors.

Next Steps for Investors

Those who suffered financial losses in Charter Communications during the identified period are urged to respond before the deadline of October 14, 2025, to be considered for inclusion as lead plaintiffs in the case. However, it is important to note that participation in the lawsuit will not incur out-of-pocket fees for class members, and individuals do not require lead plaintiff status to seek recovery.

The law firm asserts that there are no costs or fees associated with participation in this lawsuit for a class member. If you believe you qualify, you are encouraged to come forward and file your claim through the firm’s designated submission channels.

Why Choose Levi & Korsinsky?

Levi & Korsinsky is a reputable firm that has carved out a significant niche in the field of shareholder rights litigation over the past two decades. They pride themselves on recovering hundreds of millions of dollars for aggrieved investors and are well-versed in navigating complex securities cases, with a capable team of over 70 professionals for client assistance. The firm has consistently ranked among the top securities litigation firms, further reinforcing its credibility and expertise.

For any inquiries, investors can contact Joseph E. Levi or Ed Korsinsky at the New York office of Levi & Korsinsky. Contact details are provided to facilitate easy communication and prompt assistance regarding this important matter.

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For more detailed information about how to get involved, affected investors can visit Levi & Korsinsky’s official website or reach out directly via email or telephone.