Overview

• The federal securities class action, Sandoval v. Charter Communications, Inc., No. 1:25-cv-06747, is pending in the U.S. District Court for the Southern District of New York under Sections 10(b) and 20(a) of the Exchange Act.
• Multiple firms are soliciting investors to move for lead-plaintiff appointment, with stated deadlines of October 13 or 14, 2025, depending on the notice.
• The putative class covers July 26, 2024 through July 24, 2025 and expressly includes purchasers of call options and sellers of put options as well as stock buyers.
• Notices summarize allegations that Charter understated the lasting impact of the ACP’s termination on internet-customer losses and revenue and overstated operational execution and growth prospects.
• The complaint cites Charter’s July 25, 2025 disclosure of a 117,000 decline in total internet customers, including about 50,000 ACP-related disconnects, after which the stock fell roughly $70 per share, or about 18%.