Defendant Name: Charter Communications, Inc.

Defendant Type: Public Company

Document Reference: 2023-235

Document Details

Legal Case Name In the Matter of Charter Communications, Inc.
Document Name Charter Communications to Pay $25 Million Penalty for Stock Buyback Controls Violations
Document Date 14-Nov-2023
Document Format Administrative Proceeding
File Number 3-21797
Allegation Type Issuer Reporting and Disclosure
Document Summary On November 14, 2023, the SEC "announced settled charges against Charter Communications Inc. for violating internal accounting controls requirements relating to its stock buybacks."

Disgorgement & Penalty Information

Resolutions
Cease and Desist Order
Monetary Penalties:

Civil Penalty

Individual:     $25,000,000.00 Shared:    

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."