Robbins LLP, a law firm specializing in shareholder rights litigation, announced a class-action lawsuit against Charter Communications, Inc. (NASDAQ: CHTR). The suit alleges that CHTR misled investors regarding its business performance and prospects.
The lawsuit covers investors who bought or sold CHTR securities between July 26, 2024, and July 24, 2025. The complaint contends that Charter Communications failed to adequately disclose the negative impact of the Affordable Connectivity Program (ACP) ending on its subscriber base and revenue.
Specifically, the firm claims CHTR downplayed the sustained impact of the ACP expiration on internet customer losses and revenue. Furthermore, Robbins LLP argues that the company’s statements regarding its operational efficiency and long-term growth were overly optimistic and lacked a reasonable basis.
Charter Communications reported second-quarter 2025 earnings on July 25, 2025. While the company reported EBITDA of $5.7 billion, suggesting slight year-over-year growth, analysts quickly pointed out that this was due to a one-time benefit. Excluding this benefit, EBITDA fell short of analyst expectations.
Following the earnings announcement, CHTR‘s stock price dropped significantly, leading to the current litigation. Robbins LLP is now seeking a lead plaintiff to represent the class of investors in the case.
The deadline for individuals to move for lead plaintiff is October 14, 2025. Those who wish to serve as lead plaintiff should contact Robbins LLP before this date. The lead plaintiff will direct the litigation on behalf of all class members. Participation in the case is not mandatory for eligibility to recover potential losses.
Robbins LLP emphasized that all representation is on a contingency fee basis, meaning investors do not incur any upfront fees or expenses. The firm has a history of representing shareholders in similar cases, focusing on recovering losses and promoting better corporate governance. They encourage interested parties to contact them for more information.
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