All persons and entities who or which purchased or otherwise acquired the common stock of Bankrate Inc (NYSE: RATE) during the period from October 27, 2011 through October 9, 2014, including in the March 2014 Secondary Offering of Bankrate Inc common stock.

February 7, 2017 - The court approved the settlement and entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissing the action with prejudice.

August 25, 2016 - The court preliminarily approved the settlement.

July 18, 2016 - Parties filed a stipulation of settlement.

January 8, 2016 - Defendants filed a motion to dismiss.

December 8, 2015 - The lead plaintiff filed an amended complaint on behalf of investors who purchased Bankrate Inc (NYSE: RATE) common shares between August 1, 2012 and October 9, 2014. The lead plaintiff alleges that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between August 1, 2012 and October 9, 2014.

March 9, 2015 - Defendants filed a motion to dismiss.

February 23, 2015 - The lead plaintiff filed an amended complaint on behalf of investors who purchased Bankrate Inc (NYSE: RATE) common shares between October 27, 2011 and October 9, 2014. The lead plaintiff alleges that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between October 27, 2011 and October 9, 2014.

January 15, 2015 - Lead plaintiff and lead counsel were appointed.

November 17, 2014 - Lead plaintiff motions were filed.

October 28, 2014 - Another investor in shares of Bankrate Inc (NYSE: RATE) filed a lawsuit in the U.S. District Court for the Southern District of Florida against Bankrate Inc over alleged violations of Federal Securities Laws.

October 28, 2014 - The court dismissed the case without prejudice and ordered the case closed.

October 24, 2014 - The plaintiff filed a notice of voluntary dismissal without prejudice.

October 22, 2014 - Another defendant filed a motion to dismiss.

October 10, 2014 - Defendants filed a motion to dismiss.

September 17, 2014 - An investor in shares of Bankrate Inc (NYSE: RATE) filed a lawsuit in the U.S. District Court for the Southern District of Florida against Bankrate Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between March 1, 2013 and September 15, 2014.

According to the complaint the plaintiff alleges on behalf of purchasers of Bankrate Inc (NYSE: RATE) common shares between March 1, 2013 and September 15, 2014 , that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that Bankrate Inc issued allegedly materially false and misleading financial statements because Bankrate Inc’s financial statements contained errors related to the improper recognition of revenues and expenses, because Bankrate Inc lacked adequate internal controls over financial reporting, and that as a result, Bankrate Inc’s financial statements were allegedly materially false and misleading at all relevant times.

Bankrate Inc reported that its annual Total Revenue rose from $457.16 million in 2012 to $457.43 million for 2013 and that its Net Income declined from $29.33 million to a Net Loss of $10.00 million. Shares of Bankrate Inc (NYSE: RATE) declined from $22.45 per share in October 2013 to $13.52 per share in early September 2014.

Then on September 15, 2014, Bankrate Inc announced that the Securities and Exchange Commission (the SEC ) is conducting a non-public formal investigation relating to the Company's financial reporting during 2012, with the principal focus on the quarters ending March 31, 2012 and June 30, 2012. Bankrate Inc also appointed an interim Chief Financial Officer. Shares of Bankrate Inc (NYSE: RATE) declined to as low as $10.66 per share on September 15, 2014.

On September 17, 2014, Bankrate Inc (NYSE: RATE) shares closed at $ 11.89 per share.