Defendant Name: Charter Communications, Inc.

Defendant Type: Public Company
SIC Code: 4841
CUSIP: 16119P10

Initial Case Details

Legal Case Name In the Matter of Charter Communications, Inc.
First Document Date 14-Nov-2023
Initial Filing Format Administrative Action
File Number 3-21797
Allegation Type Other

Violations Alleged

Exchange Act
• Sec 13(b)(2)(B)

Resolutions

First Resolution Date 14-Nov-2023
Headline Total Penalty and Disgorgement $25,000,000

Related Documents:

34-98923 14-Nov-2023 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On November 14, 2023, the SEC instituted cease-and-desist proceedings against Charter Communications, Inc., stating: "This matter concerns Charter’s failure to devise and maintain internal accounting controls that reasonably assured that the company’s stock buybacks were conducted in accordance with management authorizations."
2023-235 14-Nov-2023 Press Release--Administrative Proceeding
Charter Communications to Pay $25 Million Penalty for Stock Buyback Controls Violations
On November 14, 2023, the SEC "announced settled charges against Charter Communications Inc. for violating internal accounting controls requirements relating to its stock buybacks."