Charter Communications Shareholders Class Action Notice
Overview
The Gross Law Firm has recently announced a critical notification concerning shareholders of Charter Communications, Inc., traded under the NASDAQ symbol CHTR. This announcement serves as a call to action for those who purchased shares during a specified class period. The firm highlights the opportunity for shareholders to possibly register as lead plaintiffs in a pending class action lawsuit, which addresses significant financial losses associated with the company's trading performance.
Background
The class action lawsuit encompasses all individuals and entities that acquired Charter securities, including shares and stock options, between
July 26, 2024, and July 24, 2025. The allegations center around claims that the company made materially false or misleading statements regarding its business operations and financial health. Specifically, it is pointed out that Charter Communications failed to disclose the detrimental impact of the Affordable Connectivity Program (ACP) cessation on its Internet customer subscription rates and overall revenue generation.
Allegations Against Charter Communications
The complaint alleges several key points:
1.
Impact of the ACP End: Charter purportedly was unable to effectively manage or mitigate the adverse effects stemming from the end of the Affordable Connectivity Program, a program that supported many of its Internet customers.
2.
Customer Decline: The end of the ACP is claimed to have significantly contributed to declines in Internet subscribers and a decrease in revenue, which the company did not adequately address or disclose to its shareholders.
3.
Failures in Operational Execution: Charter's operational strategies have been scrutinized for failing to compensate for the revenue and customer losses resulting from the ACP's termination.
4.
Misleading Statements: The firm alleges that the defendants underplayed the risks associated with the ongoing decline in Internet customers, which misled investors regarding the company’s actual operational effectiveness and financial prospects.
5.
Inflated Stock Value: Due to these misrepresentations and omissions, the stock price may have been artificially inflated, misleading investors about the company's true financial state and growth trajectory.
Next Steps for Shareholders
Shareholders who have incurred losses during the defined period are urged to register as participants in this class action. Registration can be done through the Gross Law Firm’s website, where shareholders can also track the progress of the lawsuit through portfolio monitoring software provided by the firm.
The deadline for shareholders to express interest, particularly for those wishing to be considered as lead plaintiffs, is
October 14, 2025. It is essential for interested parties to act swiftly to secure their position and potential recovery.
Why Choose Gross Law Firm?
The Gross Law Firm is recognized nationwide for its commitment to safeguarding the rights of investors impacted by fraudulent and misleading corporate practices. The firm works diligently to ensure that entities adhere to responsible business strategies while holding them accountable for any wrongdoing—striving for justice and restitution for affected shareholders.
In conclusion, if you, as a shareholder, believe you have been affected by the misleading actions of Charter Communications during the class period, reaching out to The Gross Law Firm may provide you with options for recovery without any costs or obligations involved.
Contact Information
If you wish to learn more or register for the class action, you can contact The Gross Law Firm:
- - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
- - Email: [email protected]
- - Phone: (646) 453-8903
For further details and to register your information, visit
Gross Law Firm Class Action Page.