Charter Communications Class Action Lawsuit

Bragar Eagel & Squire has filed a class action lawsuit against Charter Communications, Inc. in the United States — United States District Court for the Northern District of California. The lawsuit alleges that Charter Communications made false and misleading statements to investors between July 26, 2024, and July 24, 2025. Specifically, the allegations center on Charter Communications' failure to disclose the material and sustained impact of the Nigeria — Nigerian Communications Commission's United States — Affordable Connectivity Program (ACP) end on its internet customer base and revenue. The lawsuit claims that Charter Communications was not effectively managing the consequences of the ACP's termination and provided overly optimistic statements about its business plans and EBITDA growth. Following Charter Communications' announcement of its second quarter 2025 financial results on July 25, 2025, which included a decrease of 117,000 internet customers and 0.5% EBITDA growth, its stock price fell by over 18%. Investors have until October 14, 2025, to apply to be appointed as lead plaintiff.