October 11, 2013 - The court approved the settlement, entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissed the action with prejudice.
April 22, 2013 - The court preliminarily approved the settlement.

December 19, 2012 - Parties filed a stipulation of settlement.

July 30, 2010 - The defendants filed a motion to dismiss.

June 22, 2010 - The lead plaintiff filed an amended consolidated complaint.

May 25, 2010 - The court granted the defendants' motion to dismiss without prejudice and granted plaintiff leave to amend.

December 4, 2009 - The defendants filed a motion to dismiss.

October 13, 2009 - The lead plaintiff filed a consolidated complaint on behalf of investors who purchased BIDZ.com Inc (NASDAQ: BIDZ) common shares between July 31, 2007 and November 10, 2008. The lead plaintiff alleges that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between July 31, 2007 and November 10, 2008.

July 30, 2009 - The lead plaintiff and lead counsel were appointed and all cases were consolidated.

July 6, 2009 - Lead plaintiff motions were filed.

May 7, 2009 - An investor in shares of BIDZ.com Inc (NASDAQ: BIDZ) filed a lawsuit in the U.S. District Court for the Central District of California against BIDZ.com over alleged violations of Federal Securities Laws.

According to the complaint the plaintiff alleges that BIDZ.com Inc and its chief executive violated the Securities Exchange Act of 1934 by issuing between August 13, 2007 and November 26, 2007 a series of false and misleading statements intended to project the picture of a financially sound and well-operating company, when, in fact, BIDZ.com Inc was operating with material deficiencies and undisclosed substantial problems that went to the heart of its business model. BIDZ.com Inc is an online retailer of jewelry, featuring a live auction format. Then on November 26, 2007, a Citron Research article identified numerous red flags and revealed previously undisclosed material problems with BIDZ.com Inc. Two days later Citron issued a second article that provided additional details, revealing, so the lawsuit, among other things, that BIDZ.com Inc engaged improper business tactics in order to artificially raise the auction price of its products. On this news, BIDZ.com Inc ‘s stock price dropped from a closing price of $19.94 on Friday, November 23, 2007, to a low of $10.10 on November 28, a loss of nearly 50%, so the plaintiff.

BIDZ.com, Inc is located in Culver City, California and had $187.13million in total revenue in 2007 and $207.41 in total revenue in 2008, with an net income of $18.13million in 2007 and $14.40 in 2008. Shares of BIDZ.com Inc closed on Thursday at $4.21 per share, down from a 52weekhigh of $13.95 per share and $19.94 per share in November 2007.