July 23, 2009 - The court ordered the consolidated case administratively closed with leave to reopen the case upon motion of either party.
July 16, 2009 - All cases were consolidated.

March 31, 2009 - The court granted in part and denied in part the defendants’ motion to dismiss.

January 19, 2007 - The defendants filed a motion to dismiss.

October 31, 2006 - The lead plaintiff filed an amended complaint.

August 29, 2006 - The lead plaintiff and lead counsel were appointed.

June 5, 2006 - Lead plaintiff motions were filed.

April 6, 2006 - An investor in shares of America Service Group Inc (NASDAQ: ASGR) filed a lawsuit in the U.S. District Court for the Middle District of Tennessee against America Service Group Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between September 24, 2003 to March 16, 2006.

According to the complaint the plaintiff alleges that that America Service Group Inc and its top executive officers engaged in accounting fraud and violated the Federal Securities Laws by misleading investors and failing to disclose between September 24, 2003 to March 16, 2006 that “ (1) America Service Group Inc was not charging its customers in accordance with their contracts; (2) America Service Group Inc failed to properly credit customers with discounts, rebates, and price concessions; (3) America Service Group Inc failed to provide customers with appropriate credits for returned pharmaceutical products; and (4) America Service Group Inc inappropriately established and utilized reserves to help it more closely meet budgeted results”.

The complaint further alleges that after the markets closed, on March 15, 2006, America Service Group Inc announced that as a result of the findings of an internal investigation, it would restate earnings for the years ended December 31, 2001 through December 31, 2004 and for the first six months of 2005 and issue refunds of $3.6 million, plus interest, to customers for instances in which it failed to credit them with discounts, rebates or price savings to which they were entitled. On this news, so the lawsuit, the price of America Service Group Inc (NASDAQ: ASGR) fell $5.65, or almost 29%, to close at $13.95 per share.

America Service Group Inc, a Delaware corporation headquartered in Brentwood, Tennessee with a $141 market cap, through its subsidiaries Prison Health Services Inc, EMSA Limited Partnership, and Correctional Health Services LLC contracts to provide and/or administer managed healthcare services to over 120 correctional facilities throughout the United States. America Service Group Inc reported in 2007 Total Revenue of $464 million with a Net Income of $2.81 million and in 2008 Total Revenue of $497.74 million with a Net Income of $3.83 million. Shares of America Service Group Inc (NASDAQ: ASGR) traded recently at $15.84 per share, down from a 52 week high of $17.22 per share and almost $30 per share in 2005.