Lawsuit Reminder by Faruqi & Faruqi to Charter Investors: Class Action Claim Submission Deadline on October 13, 2025 - CHTR
In a significant development, Charter Communications, Inc. is under investigation for potential violations of federal securities laws. The investigation, led by the law firm Faruqi & Faruqi, LLP, was prompted by a complaint filed by the Federal Trade Commission (FTC).
On July 25, 2025, the stock price of Charter closed at $309.75 per share. However, the company's shares took a significant hit later that day, falling by $70.25 per share, marking a decrease of 18.5%. This steep drop followed the announcement that Charter had reported a decline in both internet and video customers.
According to the complaint, Charter had no reasonable basis to state it was successfully executing operations, managing causes of Internet customer declines, or provide overly optimistic statements about the long-term trajectory of the company and EBITDA growth. The complaint further alleges that the Internet customer declines and broader failure of Charter's execution strategy created greater risks on business plans and earnings growth than reported.
The complaint also alleges that Charter and its executives failed to disclose the impact of the end of the Affordable Connectivity Program (ACP), a government programme that had been sustaining internet customer growth and revenue. The ending of the ACP was reportedly not adequately compensated for by Charter's broader operations.
Faruqi & Faruqi, LLP encourages anyone with information about Charter's conduct to contact the firm. Potential sources of information include whistleblowers, former employees, shareholders, and others. Interested parties can learn more about the Charter Communications class action at www.faruqilaw.com/CHTR.
Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice. The deadline for seeking the role of lead plaintiff in the federal securities class action against Charter is October 13, 2025. The court-appointed lead plaintiff in the Charter Communications class action is the investor with the largest financial interest in the relief sought by the class.
It's important to note that your ability to share in any recovery is not affected by the decision to serve as a lead plaintiff or not. If you are a Charter shareholder and have experienced losses, you are encouraged to contact Faruqi & Faruqi, LLP partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
Faruqi & Faruqi, LLP is a leading national securities law firm, with a reputation for protecting the rights of investors. The firm has a history of recovering substantial compensation for investors who have been victims of securities fraud, and they are committed to helping investors recover their losses.
This investigation is a developing story, and updates will be provided as more information becomes available.
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