Charter Communications Investors Urged to Join Class Action Suit by Robbins Geller Law Firm

Investors of Charter Communications, Inc. May Take Legal Action



In a pressing announcement, the law firm Robbins Geller Rudman & Dowd LLP has reached out to investors of Charter Communications, Inc. (NASDAQ: CHTR) regarding their significant financial losses. Those who have invested in the company's securities between July 26, 2024, and July 24, 2025, are presented with an opportunity to become lead plaintiffs in a class-action lawsuit against the firm.

Background of the Lawsuit


The class-action lawsuit, titled Sandoval v. Charter Communications, Inc., accuses Charter Communications and several of its executives of violating the Securities Exchange Act of 1934. The firm alleges that throughout the specified Class Period, Charter's executives made misleading statements and omitted critical information that ultimately misled investors about the company's financial health. Specifically, it is said that the end of the Federal Communications Commission's Affordable Connectivity Program (ACP) had significant adverse effects on Charter's operations, impacting customer retention and revenue generation.

Allegations against Charter


Several key allegations have been made concerning Charter's performance during the lawsuit's Class Period:
1. Omitted Impact of ACP End: The lawsuit asserts that Charter failed to effectively manage and disclose the ramifications of the ACP's conclusion, which negatively impacted their internet customer base.
2. Customer Declines and Revenue Loss: Charter reportedly experienced a significant decline in internet customers, with quarterly financial reports revealing that around 117,000 customers were lost within the second quarter of 2025 alone.
3. Lack of Transparency: The allegations further include claims that Charter made overly optimistic statements regarding its operations and future growth prospects, which were not substantiated by actual performance.

On July 25, 2025, the company's financial report revealed an EBITDA of $5.7 billion, which indicated a mere 0.5% growth, coupled with steep customer losses attributed to the ACP's end. This news precipitated a drop of over 18% in Charter's stock price, signaling sky-high panic among investors.

Seeking Lead Plaintiffs


As per the Private Securities Litigation Reform Act of 1995, any investors who suffered substantial losses during the Class Period, including those who bought call options or sold put options, can seek an appointment as lead plaintiffs. The lead plaintiff will carry the responsibility of steering the class-action lawsuit on behalf of all affected investors and can choose the legal representation for the proceedings.

Robbins Geller encourages individuals who want to serve in this capacity to submit their information via their official site at Robbins Geller. The deadline for filing lead plaintiff motions is set for Tuesday, October 14, 2025.

About Robbins Geller


Robbins Geller Rudman & Dowd LLP has established its reputation as one of the premier law firms focused on advocating for investors impacted by securities fraud. Through its robust representation, the firm has secured substantial recoveries for investors, such as its notable achievement of $2.5 billion in 2024 alone. With a talented team of 200 lawyers operating from 10 offices, Robbins Geller is recognized for its commitment to serving investor needs and has handled some of the largest securities class action recoveries in history, including an astonishing $7.2 billion recovery in a notable case against Enron.

For further details, investors can reach out to attorneys J.C. Sanchez or Jennifer N. Caringal at Robbins Geller via phone at 800-449-4900 or via email at [email protected].

In conclusion, this is crucial news for any investor of Charter Communications who finds themselves on the losing end of their investments during the Class Period. Engaging with this class-action lawsuit not only offers a chance for potential recovery but also plays a significant role in holding corporations accountable for their misleading practices.

Topics Financial Services & Investing)

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