Investigation of Charter Communications by Faruqi & Faruqi LLP
Faruqi & Faruqi, LLP, a well-known national law firm specializing in securities litigation, has initiated an inquiry into Charter Communications, Inc. This investigation concerns potential claims for losses suffered by investors due to alleged violations of federal securities laws. Investors affected between July 26, 2024, and July 24, 2025, are particularly encouraged to reach out for a discussion of their legal rights and potential actions.
Details of the Investigation
The law firm reminds investors that they have until the October 13, 2025, deadline to apply for the role of lead plaintiff in a federal securities class action filed against Charter Communications (NASDAQ: CHTR). Senior Partner James (Josh) Wilson is notably prompting affected investors to contact him directly at 877-247-4292 or 212-983-9330, extension 1310, to discuss the implications of their investments and the possibility of legal recourse.
The investigation stems from an allegation that Charter Communications and its executives made false or misleading statements regarding the company's operational status and management of business challenges. These misleading declarations potentially resulted in significant financial losses for investors, as the company faced serious challenges that were not disclosed.
Allegations Against Charter Communications
The complaint suggests that the company failed to appropriately communicate key developments affecting its business. Among the allegations are claims that:
1. The conclusion of the Affordable Connectivity Program (ACP) significantly impacted Charter's ability to maintain its customer base, which was not managed effectively.
2. The impact of the ACP conclusion led to ongoing challenges related to declines in internet subscriptions and revenue; this was not mitigated by broader operational strategies from the company.
3. Financial reporting revealed that Charter had lost 117,000 internet customers in the second quarter of 2025, compared to a loss of about 100,000 in the corresponding quarter of the prior year. The total decline in video subscribers also reached 80,000 during this period.
On July 25, 2025, the company’s stock suffered a steep decline following the announcement of these disappointing financial results, plummeting by $70.25 or 18.5%, closing at $309.75 per share. Such drastic market reactions underscore the gravity of the allegations and the potential for ongoing legal ramifications.
Role of Lead Plaintiff
The lead plaintiff is a crucial position in securities class actions, representing all affected shareholders. They will oversee the litigation process and ensure that the interests of the class are front and center. Current class members can also opt to do nothing and remain passive participants in the legal proceedings. It’s important to note that your eligibility for any financial recovery is unaffected by whether you choose to serve as a lead plaintiff or not.
Faruqi & Faruqi encourages anyone with valuable information related to Charter’s operations, including employees or shareholders, to reach out. By contacting the firm, they can potentially aid in uncovering further insights into the company's actions and impact on shareholders.
Conclusion
This investigation underscores the importance of vigilance among investors regarding corporate disclosures and operational transparency. As the deadline for potential claims approaches, affected individuals are urged to engage legal counsel and consider their options. For more information or to learn about ongoing updates regarding this case, visit
Faruqi & Faruqi’s website or connect with partner Josh Wilson via the provided contact numbers.
All inquiries will be handled with confidentiality, and the firm expresses its commitment to achieving just outcomes for investors. Attorney advertising is acknowledged, and past results do not guarantee similar outcomes in future cases.