Charter [CHTR] reached a $144mln proposed settlement of a consolidated class action suit related to SEC charges of inflated sub numbers and revenue. Pending court approval, Charter will shell out $40mln in Class A common stock and 10 year warrants to purchase another $40mln of Class A stock. The $64mln cash component will be provided by the MSO’s insurance carriers. "The settlement of the securities litigation effectively closes the books on these serious legal matters confronting the company," Charter pres/CEO Carl Vogel said in a statement. Charter settled with the SEC last month, neither admitting nor denying any wrongdoing.

The Daily


Gunning for Gigi: Outcry Over Recent Coverage Grows Louder

When we spotted last week’s Daily Mail article tying FCC nominee Gigi Sohn to a dominatrix because of her membership on the Electronic Frontier Foundation board, we figured the tabloid report would not

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