September 4, 2015 (Shareholders Foundation) - An investigation on behalf of current long-term investors in shares of Liberty Broadband Corp (NASDAQ:LBRDA) shares was announced over potential breaches of fiduciary duties by certain officers and directors at Liberty Broadband Corp.

The investigation by a law firm concerns whether certain Liberty Broadband officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.

On July 29, 2015, Liberty Broadband Corp announced that it will be holding a Special Meeting of Stockholders on September 23, 2015, during which holders will be asked to vote on whether to approve the issuance of shares of Liberty Broadband Corp Series C common stock to various investors, the proceeds of which will be used to fund all or a portion of Liberty Broadband's purchase of $4.3 billion of stock of a new publicly traded Charter Communications, Inc. following its proposed merger with Time Warner Cable, Inc.
On August 11, 2015, Liberty Broadband Corp filed a Proxy Statement with the SEC concerning the upcoming vote.
Liberty Broadband Corp reported that its annual Total Revenue declined from $77.36 million in 2013 to $69.05 million in 2014 and that its Net Loss increased from $41.73 million to $134.60 million.

Shares of Liberty Broadband Corp (NASDAQ:LBRDA) closed on September 4, 2015, at $
per share.