Charter lost $416 million on nearly $1.24 billion revenue, compar...
Charter lost $416 million on nearly $1.24 billion revenue, compared with a loss of $38 million on $1.21 billion revenue in the same quarter last year. Charter said its results were affected by $144 million in payments to settle…
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shareholder lawsuits over its accounting practices. The SEC recently ended its investigation of the matter with an order prohibiting it from future securities violations but no fine. The company didn’t admit any wrongdoing.