#USA #New York #class action lawsuit #Faruqi & Faruqi #Charter Communications

Investors Urged to Act: Charter Communications Class Action Lawsuit

Faruqi & Faruqi, LLP, a prominent national securities law firm, has formally reminded investors of Charter Communications, Inc. (NASDAQ: CHTR) about an imminent class action lawsuit deadline. Those individuals who incurred losses exceeding $100,000 during a specified period from July 26, 2024, to July 24, 2025, are encouraged to contact the firm to discuss potential claims and their legal options.

Context of the Class Action

The upcoming lead plaintiff deadline, slated for October 13, 2025, is critical for shareholders hoping to take part in the federal securities class action recently filed against Charter. The litigation revolves around allegations that the Company and its executives made false and misleading statements, as well as failed to disclose significant adverse information that affected the company's financial standing.

The complaints point out several concerning issues; specifically, they assert that the end of the Affordable Connectivity Program (ACP) was a substantial event that Charter failed to manage effectively. Moreover, it is alleged that the end of this program led to enduring declines in internet customers and overall revenue.

Financial Impact on Charter Communications

The severity of the situation became apparent on July 25, 2025, when Charter announced its second quarter 2025 results, unveiling a decrease of 117,000 internet customers. This figure was notably more significant than the 100,000 customer loss reported in the same quarter of 2024, which had already been adjusted to account for the ACP's conclusion. Additionally, Charter's video customers also saw a reduction, losing 80,000 during the same period. Following this news, the market reacted negatively, with Charter's stock price plummeting by $70.25, marking an 18.5% decline to $309.75 per share.

The Importance of Lead Plaintiff Status

In the world of class action lawsuits, the lead plaintiff plays a vital role. This individual is responsible for directing and overseeing the litigation on behalf of the entire class. According to the legal protocol, anyone eligible can move to serve as the lead plaintiff, though this process involves legal counsel. Importantly, whether or not one chooses to serve as a lead plaintiff does not alter their entitlement to any recovery resulting from the lawsuit.

Encouragement to Report Relevant Information

Faruqi & Faruqi also invites anyone with relevant information about Charter's business activities to reach out to them directly. This call extends to whistleblowers, former employees, and concerned shareholders. Engaging in this process might provide influential information that could enhance the ongoing class action lawsuit.

For further information about this class action against Charter Communications, interested parties are directed to visit the official Faruqi & Faruqi website or contact partner Josh Wilson at either 877-247-4292 or 212-983-9330 (Ext. 1310).

A Firm with a Proven Track Record

Established in 1995, Faruqi & Faruqi has a lengthy history of securing billions of dollars in recoveries for investors. With offices located in New York, Pennsylvania, California, and Georgia, the firm is well-equipped to tackle complex securities cases and stands committed to advocating for the rights of investors.

In conclusion, with the October 13, 2025, deadline fast approaching, investors affected by the decline in Charter Communications' stock should consider their options and engage with the legal processes available to them. This class action represents a significant opportunity to hold Charter accountable for its alleged misrepresentation and to seek justice for the financial losses endured.

Stay informed and act promptly if you believe your investments in Charter have resulted in significant losses during this period.