Portnoy Law Firm Announces Class Action On Behalf Of Charter Communications, Inc. Investors

(MENAFN- GlobeNewsWire - Nasdaq) LOS ANGELES, Sept. 30, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Charter Communications, Inc., ("Charter" or the "Company") (NASDAQ: CHTR) investors of a class action on behalf of investors that bought securities between July 26, 2024, and July 24, 2025, inclusive (the“Class Period”). Charter investors have until October 13, 2025 to file a lead plaintiff motion.

Investors are encouraged to contact attorney Lesley F. Portnoy , by phone 844-767-8529 or email : ..., to discuss their legal rights, or join the case via . The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pursuing claims to recover their losses.

The Charter Communications class action lawsuit alleges that, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (i) the termination of the Federal Communications Commission's Affordable Connectivity Program (“ACP”) was a material event that Charter Communications could not effectively manage or quickly overcome; (ii) the ACP's end was having a sustained negative impact on Internet subscriber growth and revenue; (iii) Charter Communications was not executing broader operational strategies that could offset or mitigate the effects of the ACP's termination; (iv) the resulting subscriber losses and operational shortfalls posed far greater risks to the Company's business plans and earnings growth than had been disclosed; and (v) as a result, Charter Communications lacked a reasonable basis for its claims that it was successfully executing its operations, managing Internet customer losses, or achieving its projected long-term growth in EBITDA.

The complaint further alleges that, on July 25, 2025, Charter Communications announced its second quarter 2025 results, reporting EBITDA of $5.7 billion-reflecting just 0.5% growth-and a loss of 117,000 Internet customers, which included approximately 50,000 disconnects tied to the ACP's termination in the second quarter of 2024. On this news, Charter Communications' stock price fell more than 18%, thereby injuring investors.

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm's founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
...
310-692-8883

Attorney Advertising

MENAFN30092025004107003653ID1110132786