If you have held Charter Communications shares continuously since prior to July 26, 2024, you may have standing to seek corporate governance reforms at Charter Communications, including improvements to internal controls, transparency, and executive oversight.

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Complaint Allegations
A pending securities class action complaint alleges that Charter Communications and certain of its executives made materially false and misleading statements, and/or failed to disclose material adverse facts, concerning the impact of the end of the Federal Communications Commission’s Affordable Connectivity Program (“ACP”) on Charter’s business. According to the complaint, Charter allegedly downplayed the extent to which the end of ACP was negatively affecting Internet customer trends, revenue, and the Company’s ability to achieve sustainable earnings growth. The complaint further alleges that Charter lacked a reasonable basis for its positive statements about its operations, customer trends, and long-term EBITDA growth trajectory. When Charter later reported weaker Internet customer trends and disappointing financial results, investors allegedly suffered losses.