Investigation into Charter Communications
Faruqi & Faruqi, LLP, a prominent national firm specializing in securities law, has announced a new investigation into claims on behalf of investors who have suffered losses involving Charter Communications, Inc. (NASDAQ: CHTR). With a deadline approaching for potential class action participants, the firm is urging affected shareholders to consider their legal options.
Background of the Investigation
The investigation centers on whether Charter Communications engaged in practices that violate federal securities laws. Specifically, the allegations include making misleading statements and failing to disclose critical information about the company’s performance. The issues arose notably after the termination of the Affordable Connectivity Program (ACP), a development that appears to have adversely affected Charter's business operations. Key points in the investigation include:
- - Impact of the ACP Termination: The end of the ACP significantly influenced Charter’s customer base, leading to a reported decline in internet and video subscribers.
- - Stock Price Plummet: Following the release of dismal second-quarter results on July 25, 2025—indicating a decrease of 117,000 internet customers compared to the same quarter the previous year—Charter’s share price dropped approximately 18.5%, marking a considerable blow to investor value.
Legal Recourse for Investors
For individuals who purchased securities in Charter from July 26, 2024, to July 24, 2025, this is a critical period to assess legal options. Faruqi & Faruqi partner Josh Wilson is reachable directly for inquiries and discussions on potential legal rights regarding these claims. Investors can also find more information about the class action and necessary next steps on Faruqi & Faruqi's official website.
What Investors Need to Know
Investors who believe they may be a part of this class action should urgently evaluate their participation options, especially given the October 13, 2025, deadline for filing as a lead plaintiff. A lead plaintiff is essential in guiding the litigation and represents the interests of all class members throughout the legal process. Those unsure about their status or seeking more information are encouraged to reach out to Faruqi & Faruqi, which welcomes insights from whistleblowers and former employees as well.
Conclusion
This investigation by Faruqi & Faruqi, LLP represents a critical juncture for Charter Communications investors who may have experienced financial setbacks. The risk of missing the lead plaintiff deadline emphasizes the importance of timely action. Stakeholders are advised to stay informed and consider legal avenues to address their losses effectively.
For further updates and more details on the case, investors can follow relevant pages on LinkedIn and other social media platforms, where enquiries and continued developments will be communicated clearly. The law firm maintains a commitment to confidentiality in all communications regarding individual cases, ensuring that investor concerns are handled with the utmost care and respect.
For direct assistance, contact: 877-247-4292 or visit
Faruqi & Faruqi's website for comprehensive support.