Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm Encourages Charter Communications, Inc. (CHTR) Investors To Inquire About Securities Fraud Class Action
What Happened?
On July 25, 2025, Charter released its second quarter 2025 financial results, reporting that total internet customers had declined by 117,000, compared to about 100,000 in the second quarter of 2024, when adjusted to remove the prior year's impact of Affordable Connectivity Program ("ACP") related disconnected. The Company's total video customers also decreased by 80,000.
On this news, Charter's stock price fell $70.25, or 18.5%, to close at $309.75 per share on July 25, 2025, thereby injuring investors.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the impact of the ACP end was a material event the Company was unable to manage or promptly move beyond; (2) the ACP end was actually having a sustaining impact on Internet customer declines and revenue; (3) neither was the Company executing broader operations in a way that would compensate for, or overcome the impact, of the ACP ending; (4) the Internet customer declines and broader failure of Charter's execution strategy created much greater risks on business plans and earnings growth than reported; (5) accordingly, the Company had no reasonable basis to state the Company 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; and (6) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired Charter common stock during the Class Period, you may move the Court no later than October 14, 2025 to request appointment as lead plaintiff in this putative class action lawsuit.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: shareholders@glancylaw.com
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
26 minutes ago
- Yahoo
Deere & Company (DE) Just Needs To Be More Optimistic, Asserts Jim Cramer
We recently published . Deere & Company (NYSE:DE) is one of the stocks Jim Cramer recently discussed. Deere & Company (NYSE:DE) is an agricultural and construction equipment company. Cramer has discussed the firm several times on his morning show in 2025. Most of his remarks have revolved around Deere & Company (NYSE:DE)'s exposure to AI data center construction activity in the US and fresh legislation, both of which can act as tailwinds for the firm. The firm's shares dipped by 6.8% in August after it narrowed its full-year outlook. Cramer discussed Deere & Company (NYSE:DE) in the context of AgCo: 'I do think that Deere, I thought that might be a bounce back. Because we had AgCo on last night. And AgCo was being very, very positive. . .but AgCo's not as US-centric. It is a mystery to me that Deere's down this much given the fact that inventories don't seem to be a problem. And given the fact that AgCo, its principle competitor, just is crushing it, crushing. mark smith nsb/ Here are the CNBC TV host's previous comments about Deere & Company (NYSE:DE): 'In May of last year, I told you that Deere was finally taking control of its own destiny, even if that might… take some time to play out. And in retrospect, that was a good call… Funny thing about Deere, while the stock's roared over the past 12 months, the company hasn't been putting up particularly good numbers… But even though the numbers have been hideous in absolute terms, Deere's results have consistently come in better than expected. How's it possible? Simple. This company is hostage to the agriculture market, which means their business rise[s] and falls based on factors that they've got, let's say, no control over… While we acknowledge the potential of DE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
26 minutes ago
- Yahoo
Meta Platforms, Inc. (META) CEO Mark Zuckerberg Is 'Unbelievable,' Says Jim Cramer
We recently published . Meta Platforms, Inc. (NASDAQ:META) is one of the stocks Jim Cramer recently discussed. Meta Platforms, Inc. (NASDAQ:META) is the largest social media company in the world. Its shares have gained 28% year-to-date on the back of strong advertisement performance and aggressive AI capital expenditure. Cramer is a fan of the firm's smart glasses, and he also believes that Meta Platforms, Inc. (NASDAQ:META) needs to reshape its communications about AI capital expenditure. He heaped praise on the glasses in his latest comments about the firm: 'But I love our tech so much. I just think our tech is really, I mean our tech is equivalent of you know like Zuckerberg. Meta. I mean he's unbelievable. . .I love the sunglasses, I'm bringing them on my trip. . . they, well you can look at a plant and say what is that? What am I looking at? And it works. . . it tells you exactly what it is.' Bloomua / In a recent appearance, Cramer discussed Meta Platforms, Inc. (NASDAQ:META) in detail. Here is what he said: 'Next best, Meta Platforms. I'm agog at the numbers that Mark Zuckerberg's putting up. The most important one, not even talked about on Wall Street enough, 3.5 billion people use at least one Meta product each day. Come on, that's almost half the planet. That's insane. The company's printing money, which is why it can go into the equivalent of free agency and hire incredible talent. It doesn't even matter. You can't even see it in the margins. While we acknowledge the potential of META as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Business Wire
28 minutes ago
- Business Wire
Nordson EFD Completes Eighth Job Shadowing Program with Polaris MEP
EAST PROVIDENCE, R.I.--(BUSINESS WIRE)-- Nordson EFD, a Nordson company (NASDAQ: NDSN), announced today it has completed its eighth year of support for the "Fast Track to Advanced Manufacturing" job shadowing program. Hosted by Polaris MEP and the Community College of Rhode Island (CCRI), this is a community-based program in its second year of support for the Jane Addams Resource Corporation (JARC-RI) training center in Providence, RI. The initiative aims to prepare individuals for careers in advanced manufacturing, with job shadowing being a key component of the hands-on experience in workforce training. Nordson EFD has been involved in local internships, facility tours, and hiring local Rhode Island students with the required technical skills for machining and other production jobs. The company partners with Fortune 500 companies and start-ups to solve the many challenges in assembly production with engineered dispensing technology. Polaris-CCRI Internship at Nordson EFD provides job shadowing opportunities and hands-on experience in workforce training. Share According to Polaris MEP, the Rhode Island manufacturing industry is experiencing a skills gap that translates to more available jobs than there are qualified workers. They estimate 3.5 million new skilled manufacturing jobs will be created in the next decade. "Fast Track to CNC Manufacturing" is a full-time 19-week program that introduces the fundamentals of manufacturing, safety, precision measurement and blueprint reading. Nordson EFD hosted 2 trainees from the last cohort as job shadow interns for three days a week, which adds a valuable applied learning component to the students' classroom and workshop education. Nordson EFD's precision fluid dispensing systems are manufactured at its East Providence, RI facility and utilized by various industries including medical device, electronics, and more. "My job shadow experience at Nordson EFD was a pleasant one,' stated Kudirat Aiyedun. 'I worked with engaging employees on the manufacturing floor who were all helpful and friendly. Some employees also helped me with ideas and training for my final project, which was Solid Works - ENGR 1030. I was instructed on how to read blueprints and operation sheets, as well as the use of a height gage, a micrometer and calipers. I was also taught how to set up a CNC milling machine during my internship. I enjoyed my time at Nordson EFD." "Nordson EFD has been an important employer partner since the inception of the program. They've opened their doors to our trainees, giving them hands on experience through job-shadowing opportunities,' states Aarin B. Clemons, Workforce Manager at Polaris MEP. 'We were among the first companies in Rhode Island to sign up with Polaris MEP to host and hire students participating in this mentorship program that prepares individuals for entry-level positions such as machinists/toolmakers and CNC operators,' states Scott Menko, Director of Operations, Nordson EFD. 'Job shadowing with industry professionals builds skills through practical learning, as students observe how tasks are performed in a real-world manufacturing environment. The networking aspect of the experience gives employers the opportunity to meet and nurture fresh talent with the potential to be hired after graduation.' About Nordson EFD Nordson EFD designs and manufactures precision fluid dispensing systems for benchtop assembly processes and automated assembly lines. By enabling manufacturers to accurately and consistently apply the same amount of assembly fluid to every part, EFD helps customers improve process control and throughput. In addition to producing high-quality fluid packaging syringe and cartridge systems, the company is also a leading formulator of specialty solder pastes for dispensing and printing applications. Nordson EFD is at the forefront of introducing Industry 4.0 efficiencies to the micro-dispensing marketplace, adding a new level of control and connectivity to its micro-dispensing solutions. Serving a wide variety of industries for more than 60 years, Nordson EFD has offices, application laboratories and technical support staff in 30 countries worldwide. To learn more, visit and follow us at About Nordson Corporation Nordson engineers, manufactures, and markets differentiated products and systems used for dispensing and processing adhesives, coatings, polymers, sealants and biomaterials; and for managing fluids, testing and inspecting for quality, treating surfaces and curing. These products are supported with extensive application expertise and direct global sales and service. We serve a wide variety of consumer non-durable, consumer durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, building and construction, and general product assembly and finishing. Founded in 1954 and headquartered in Westlake, Ohio, the company has operations and support offices in more than 30 countries. Visit Nordson on the web at
