August 31, 2011 - The court entered a judgement in favor the the defendants and dismissed the action.
August 31, 2011 - The court granted the defendants' motion to dismiss the third amended consolidated complaint.

May 16, 2011 - Defendants filed a motion to dismiss.

April 1, 2011 - The lead plaintiff filed a third amended consolidated complaint.

February 2, 2011 - The court granted the defendants' motion to dismiss and granted plaintiff leave to file a third amended complaint.

March 17, 2009 - Defendants filed a motion to dismiss.

July 13, 2009 - The lead plaintiff filed a second amended consolidated complaint.

June 2, 2009 - The court granted the defendants' motion to dismiss and granted plaintiff leave to file a second amended complaint.

February 17, 2009 - Defendants filed a motion to dismiss.

January 5, 2009 - The lead plaintiff filed an amended consolidated complaint on behalf of investors who purchased CAMT common shares between November 22, 2005 and March 20, 2007. The lead plaintiff alleges that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between November 22, 2005 and March 20, 2007.

June 9, 2008 - The lead plaintiff and lead counsel were appointed.

May 9, 2008 - Lead plaintiff motions were filed.

March 7, 2008 - An investor in shares of Camtek Ltd (NASDAQ: CAMT) filed a lawsuit in the U.S. District Court for the Northern District of California against Camtek Ltd over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between November 22, 2005 and December 20, 2006.

According to the complaint the plaintiff charges Camtek Ltd and certain of its officers and directors with violations of the Securities Exchange Act of 1934. The complaint alleges that between November 22, 2005 and December 20, 2006 defendant issued materially false ad misleading statements regarding Camtek Ltd's business and financial results. Among other things, plaintiff claims that defendants’ material omissions and dissemination of materially false and misleading statements concerning Camtek Ltd’s business and prospects caused Camtek Ltd’s (NASDAQ: CAMT) stock price to become artificially inflated, inflicting damages on investors.

The complaint alleges between November 22, 2005 and December 20, 2006, defendants artificially inflated the price of Camtek Ltd (NASDAQ: CAMT) shares by issuing statements touting positive trends in the PCB and semiconductors markets and the strength of Camtek Ltd’s business and financial performance, but that defendants: (i) knew or recklessly disregarded and failed to disclose to the investing public that Camtek Ltd lacked requisite internal controls, and (ii) misrepresented Camtek Ltd’s business and future prospects. Thus, Camtek Ltd had no reasonable basis to make projections about its financial results, and as a result, defendants’ statements between November 22, 2005 and December 20, 2006 concerning Camtek Ltd’s business and future prospects were, at minimum, reckless. The complaint further alleges that defendants were further motivated to engage in this course of conduct in order to generate proceeds from a private placement with institutional investors in April 2006 whereby Camtek Ltd garnered approximately $15 million in proceeds.

On December 21, 2006, Camtek Ltd issued a press release announcing Camtek Ltd’s preliminary financial results for fourth quarter 2006. Camtek Ltd announced that fourth quarter revenue and earnings were expected to be lower than anticipated “due to lower revenues in the semiconductor segment.” This news shocked the market, causing shares of Camtek Ltd to plummet $1.28 per share — a more than 22% drop from the previous day’s closing price of $5.77 per share — to close on December 21, 2006, at $4.49 per share on unusually heavy volume of more than 1.4 million shares traded.

Camtek Ltd engages in the design, development, manufacture and marketing of automated optical inspection systems and related products which are utilized in the printed circuit board (“PCB”) and semiconductor industries to optically inspect various types of electronic product components for manufacturing defects.