Shareholders Filed a Lawsuit Against Charter Communications for Misleading Statements on ACP Impact
Court: S.D. New York
Case: 1:25-cv-06747
On August 14, 2025, CHTR shareholders filed a class action against Charter Communications, accusing it of overstating its resilience to losing FCC broadband subsidies, misrepresenting customer retention efforts, and concealing the lasting impact of the Affordable Connectivity Program’s termination.
What is this lawsuit about?
On July 25, 2025, Charter Communications reported Q2 2025 results that revealed accelerating broadband customer losses and weaker-than-expected growth. The company admitted the ACP’s termination was having a sustained negative impact on broadband subscriber numbers, revenue, and EBITDA growth.
Following this, CHTR fell 18.4%.
What can you do to recover your losses now?
We’re keeping track of all updates and will notify CHTR investors about potential recovery.
More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed.