April 27, 2016 - 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.
December 21, 2015 - The court amended the preliminarily approval order.

December 14, 2015 - The court preliminarily approved the settlement.

October 30, 2015 - Parties filed a stipulation of settlement.

September 13, 2013 - The court granted the defendants' motion to dismiss and granted plaintiff leave to file an amended complaint.

October 22, 2012 - Lead plaintiff and lead counsel were appointed and all cases were consolidated.

July 17, 2012 - Another investor filed a complaint on behalf of investors who purchased Bridgepoint Education Inc (NYSE: BPI) common shares between May 3, 2011 and July 12, 2012. The plaintiff alleges that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between May 3, 2011 and July 12, 2012.

July 13, 2012 - An investor in Bridgepoint Education Inc (NYSE: BPI) shares filed a lawsuit in the U.S. District Court for the Southern District of California against Bridgepoint Education Inc over alleged Violations of Federal Securities Laws in connection with certain allegedly false financial statements regarding Ashford University’s accreditation made between May 3, 2011 and July 6, 2012.

According to the complaint the plaintiff alleges on behalf of purchasers of Bridgepoint Education Inc (NYSE: BPI) common stock during the period between May 3, 2011 and July 6, 2012, that Bridgepoint Education Inc and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing allegedly materially false and misleading statements regarding Bridgepoint Education Inc’s business and prospects. Specifically, so the plaintiff, defendants concealed accreditation problems with Bridgepoint Education Inc's Ashford campus.

On July 9, 2012, Bridgepoint Education Inc (NYSE: BPI) disclosed in a filing with the U.S. Securities and Exchange Commision (“SEC”) that its Ashford University received official notice from the Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges ( WASC ) that WASC has acted to deny initial accreditation to the institution and to permit the institution to reapply for accreditation with a single special visit to occur as early as spring 2013. Bridgepoint Education Inc said that WASC found that Ashford University had not yet demonstrated substantial compliance with certain of the WASC Standards for Accreditation, as would be required for initial accreditation.

The plaintiff claims that as a result of defendants' allegedly false statements, Bridgepoint Education Inc (NYSE: BPI) stock traded at artificially inflated prices between May 3, 2011 and July 6, 2012, reaching a high of $30.50 per share on July 22, 2011.

Shares of Bridgepoint Education Inc (NYSE: BPI) fell from $21.50 per share on July 6, 202 to $14.25 per share on July 9, 2012 and dropped on July 13, 2012 to $9.45 per share.