February 9, 2018 - The court denied defendants' motion to dismiss.
June 2, 2017 - Defendants filed a motion to dismiss.

April 28, 2017 - The lead plaintiff filed a second amended consolidated complaint.

March 10, 2017 - The court granted defendants' motion to dismiss with leave to amend.

May 6, 2016 - The lead plaintiffs filed an amended consolidated complaint on behalf of investors who purchased Capstone Turbine Corporation (NASDAQ: CPST) common shares between June 12, 2014 and November 5, 2015. The lead plaintiffs allege that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between June 12, 2014 and November 5, 2015.

February 29, 2016 - Lead plaintiff and lead counsel were appointed and all cases were consolidated.

January 15, 2016 - Lead plaintiff motions were filed.

November 16, 2015 - An investor in shares of Capstone Turbine Corporation (NASDAQ: CPST) filed a lawsuit in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws by Capstone Turbine Corporation in connection with certain allegedly false and misleading statements made between November 7, 2013 and November 5, 2015.

According to the complaint the plaintiff alleges on behalf of purchasers of Capstone Turbine Corporation (NASDAQ: CPST) common shares between November 7, 2013 and November 5, 2015, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that between November 7, 2013 and November 5, 2015 defendants made allegedly false and/or misleading statements and/or allegedly failed to disclose the following that BPC Engineering (“BPC”), one of the Company’s main Russian distributors, was unlikely to be able to fulfill many of its legal and financial obligations to Capstone, that Capstone Turbine Corporation failed to make appropriate adjustments to its accounts receivable and backlog to account for BPC’s inability to fulfill its obligations to Capstone Turbine Corporation, that Capstone Turbine Corporation issued financial statements in violation of Generally Accepted Accounting Principles (“GAAP”), that the Company lacked adequate internal controls over accounting, and that, as a result of the foregoing, the Company’s financial statements, as well as defendants’ statements about Capstone Turbine Corporation’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

On November 7, 2013, Capstone Turbine Corporation (NASDAQ: CPST) announced its financial results for its second quarter of fiscal year 2014 that ended on September 30, 2013.

On June 12, 2014, Capstone Turbine Corporation announced its fourth quarter and fiscal year ended March 31, 2014 results. Capstone Turbine Corporation reported that its Total Revenue rose from $127.56 million for the 12 months period that ended on March 31, 2013 to $133.10 million for the 12 months period that ended on March 31, 2014 and that its Net Loss for those respective time periods declined from $22.56 million to $16.26 million.

On June 15, 2015, Capstone Turbine Corporation announced its fourth quarter and fiscal year 2015 results. Capstone Turbine Corporation reported that its Total Revenue declined from $133.10 million for the 12 months period that ended on March 31, 2014 to $115.46 million for the 12 months period that ended on March 31, 2015 and that its respective Net Loss Increased from $16.26 million to $31.53 million.

On November 5, 2015, Capstone Turbine Corporation announced its financial results for the second quarter of fiscal 2016 that ended on September 30, 2015.

Darren Jamison, President and Chief Executive Officer of Capstone Turbine Corporation, said that they are disappointed in reporting financial results that were below the original internal and Street expectations.

Shares of Capstone Turbine Corporation (NASDAQ: CPST) declined to as low as $1.89 per share on November 18, 2015.