FCC Files Class Action Lawsuit Against Charter Communications Over ACP Statements
A class action lawsuit has been filed against Charter Communications, Inc. (NASDAQ: CHTR) by the Federal Communications Commission (FCC). The lawsuit alleges that the company made false statements or concealed the impact of the Affordable Connectivity Program (ACP) end on its business and earnings growth.
The lawsuit, filed on behalf of investors who purchased or acquired Charter's securities between July 26, 2024, and July 24, 2025, seeks damages for alleged violations of the Securities Exchange Act of 1934. Investors who bought or sold Charter securities, call options, or put options during this period may be eligible to join the lawsuit.
Levi & Korsinsky, LLP, a law firm experienced in securities litigation, is representing the plaintiffs. The firm encourages investors to submit their claims by the deadline of October 14, 2025, to be considered for appointment as lead plaintiff. There is no cost or obligation to participate in the lawsuit.
The lawsuit against Charter Communications alleges that the company's statements about the impact of the ACP end were false or misleading. Investors who may have been affected are encouraged to submit their claims by the deadline. The outcome of the lawsuit will determine if Charter is held accountable for its alleged actions.
