Charter and Jefferies Face Securities Fraud Probes Amid Stock Declines

Charter and Jefferies Face Securities Fraud Probes Amid Stock Declines

2025-10-12 companies

New York, Sunday, 12 October 2025.
Charter Communications and Jefferies Financial Group are under securities fraud investigations, resulting in stock drops of 18% and 8%, respectively. Investors are urged to seek legal advice.

On October 12, 2025, Charter Communications, Inc. (NASDAQ: CHTR) reported an alarming 18% drop in its stock price following the announcement of a securities fraud class action lawsuit. This lawsuit, filed by Bleichmar Fonti & Auld LLP, alleges violations of the federal securities laws. Investors are being notified to contact BFA Law by October 14, 2025, to explore potential recovery options for their losses. The lawsuit is currently pending in the U.S. District Court for the Southern District of New York under the case title Sandoval v. Charter Communications, Inc. [1].

Jefferies Financial Group Faces Investigation

Jefferies Financial Group Inc. (NYSE: JEF) is also under the spotlight, as an ongoing securities fraud investigation has prompted an 8% decline in its stock price. The investigation is related to Jefferies’ exposure to the bankruptcy of First Brands Group, LLC, with Jefferies and Point Bonita Capital being probed for potential misstatements regarding this exposure. Investors are advised to engage with BFA Law to evaluate their legal options in light of these developments [2].

Impact on Market Performance and Investor Confidence

The investigations have significantly impacted investor confidence, with Charter’s stock dropping from $380.00 to $309.75 per share, marking an 18.4% decline in late July 2025, after the company announced a decrease in total internet customers, partly due to the expiration of the Affordable Connectivity Program (ACP) [1]. Similarly, Jefferies’ stock decreased from $59.10 to $54.44 per share on October 8, 2025, following revelations of its financial exposure [2].

Outlook and Investor Actions

Both Charter Communications and Jefferies Financial Group are striving to address the allegations and stabilize their market positions. Shareholders are actively encouraged to seek legal advice to safeguard their interests, with both companies facing critical deadlines for legal actions. A shareholder meeting is scheduled for October 20, 2025, to further discuss the ongoing investigations and provide updates to concerned stakeholders [3].

Sources


stock decline securities fraud