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Stock impact report

NY judge rules Charter Communications must face lawsuit over slow internet [Reuters]

Charter Communications, Inc. - Class A (CHTR) 
Last charter communications, inc. - class a earnings: 5/1 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.charter.com
Company Research Source: Reuters
NY judge rules Charter Communications must face lawsuit over slow internet | Reuters 3 Min Read NEW YORK (Reuters) - Charter Communications Inc must face a lawsuit by New York’s attorney general accusing the cable company of providing customers slower-than-advertised internet speeds, a New York state judge ruled. Justice O. Peter Sherwood of the state Supreme Court in Manhattan rejected Charter’s claim that Attorney General Eric Schneiderman failed to plausibly allege the company had short-changed and misled customers. He also rejected Charter’s claim that federal law pre-empted the lawsuit. The Feb. 13 decision was made public on Friday. Schneiderman accused Charter’s Spectrum unit, previously known as Time Warner Cable, of having systematically defrauded customers since 2012, including by creating an impression they would consistently get fast internet speeds. The attorney general said at least 640,000 subscribers signed up for high-speed plans but got slower speeds, and many subscr Show less Read more
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