Overview

• Sandoval v. Charter Communications, Inc. is pending in the Southern District of New York, alleging violations of federal securities laws tied to statements about the Affordable Connectivity Program’s end.
• The putative class covers purchasers of Charter securities from July 26, 2024 through July 24, 2025, including certain options transactions.
• Plaintiffs allege Charter misled investors by saying the ACP impact was behind the company despite continued internet subscriber and revenue declines.
• Charter’s July 25, 2025 results reported a decline of 117,000 internet customers and 80,000 video customers, and the stock fell about $70.25, or roughly 18.4–18.5%, to $309.75.
• The complaint notes about 50,000 ACP-related disconnects in Q2 2025, and law firms including Faruqi & Faruqi, Levi & Korsinsky, Bleichmar Fonti & Auld, and Glancy Prongay & Murray are soliciting lead-plaintiff candidates with deadlines on October 13 or 14, 2025.