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.

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EchoStar Losses Mount in 2Q

EchoStar shed subscribers in every segment of its business during 2Q26, while its Hughes satellite broadband unit filed for Chapter 11 bankruptcy and management wrestled with the question of what the company intends to become.

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