October 3, 2013 - The U.S. Court of Appeals for the 2nd Circuit affirmed the district court's decision.
February 12, 2013 - The lead plaintiff filed a notice of appeal.

January 14, 2013 - The court granted the defendants' motion to dismiss.

June 6, 2012 - The defendants filed a motion to dismiss.

April 6, 2012 - The lead plaintiff filed a consolidated complaint.

February 6, 2012 - The lead plaintiff and lead counsel were appointed and all cases were consolidated.

January 6, 2012 - Lead plaintiff motions were filed.

November 7, 2011 - An investor in shares of Agnico-Eagle Mines Ltd (NYSE: AEM now trading on the OTC sheets as AEM) filed a lawsuit in U.S. District Court for the Southern District of New York against Agnico-Eagle Mines Ltd over alleged Violations of Federal Securities Laws.

According to the complaint the plaintiff alleges that behalf of investors who purchased Agnico-Eagle Mines Ltd common stock on the New York Stock Exchange between April 29, 2010 and October 19, 2011, that Agnico-Eagle Mines Ltd and certain of its officers violated the Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.

Specifically the plaintiff alleges that between April 29, 2010 and October 19, 2011 Agnico-Eagle Mines Ltd's financial results were artificially inflated by virtue of the fact that Agnico-Eagle Mines Ltd concealed material adverse problems present at its Goldex Mine which eventually forced Agnico-Eagle Mines Limited to shut down the mine and write off a $260 million investment in the mine.

Agnico-Eagle Mines Ltd reported a substantial increase in its annual Revenue from $457.35million for 07 to $1.42billion for 2010 and it reported that its Net Income rose from $139.34million in 2007, respectively $73.17million in 08, to $332.12million in 2010.

However, despite an increase in its second quarter Revenue from $347.46million last year to $433.69million this year, its second quarter Net Income fell from $100.36million a year earlier to $69.27million for the second quarter 2011.

Shares of Agnico-Eagle Mines Ltd (NYSE: AEM) rose from as low as $26 per share in October 2008 to as high as $85.03 per AEM shares in December 2010. However, since the NYSE: AEM shares deceased to slightly above $55 per share in early August 2011, before increasing to almost $72 in early September 2011.

Then on October 19, 2011, Agnico-Eagle Mines Ltd announced that it is suspending mining operations and gold production at its Goldex mine in Val d'Or, Quebec effective immediately. Agnico-Eagle Mines Ltd stated that “[w]hile the company continues to assess the situation, it appears that a weak volcanic rock unit in the hangingwall of the Goldex deposit has failed.” Although Agnico-Eagle Mines Ltd also stated that it was assessing the potential to restart the mining operations next year at Goldex, Agnico-Eagle Mines Ltd said it will write off its investment in Goldex, approximately $260 million, in the third quarter of 2011 financial results.

NYSE: AEM stocks fell from almost $60 per share on October 14, 2011 to its 52week low of as low as $43.00 per share on October 20, 2011.