March 28, 2014 - Parties filed an amended stipulation of settlement.
January 15, 2014 - The court denied the approval of the settlement.

December 6, 2013 - Parties filed a stipulation of settlement.

January 23, 2013 - The lead plaintiffs filed a stipulation to voluntarily dismiss the case against certain individual defendants from the case without prejudice.

September 25, 2012 - The court denied the auditor defendant's motion to dismiss.

September 4, 2012 - The auditor defendant filed a motion to dismiss.

August 28, 2012 - The court granted the lead plaintiffs' motion to appoint co-lead counsel.

August 20, 2012 - The lead plaintiffs filed a second amended complaint.

August 8, 2012 - The court denied the defendants' motion to dismiss, granted the auditor defendant's motion to dismiss, conditionally granted the lead plaintiffs' motion to appoint co-lead counsel and granted the lead plaintiffs to file another amended complaint.

July 6, 2012 - The lead plaintiffs filed a motion to appoint co-lead counsel.

April 27, 2012 - The auditor defendant filed a motion to dismiss.

March 22, 2012 - The defendants filed a motion to dismiss.

February 27, 2012 - The lead plaintiffs filed an amended consolidated complaint.

February 2, 2012 - Lead plaintiffs and lead counsel were appointed.

December 27, 2011 - Lead plaintiff motions were filed.

October 25, 2011 - An investor in shares of China Automotive Systems Inc (NASDAQ: CAAS) filed a lawsuit in the U.S. District Court for the Southern District of New York against China Automotive Systems Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between March 25, 2010 and March 17, 2011.

According to the complaint the plaintiff alleges on behalf of all persons who purchased or acquired China Automotive Systems Inc (NASDAQ: CAAS) securities between March 25, 2010 and March 17, 2011, that China Automotive Systems Inc and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing allegedly fales and/or misleading statements, as well as failing to disclose material adverse facts about the company’s business, operations, and prospects.

China Automotive Systems Inc reported that its 12 months Total Revenue increased from $133.60 million in 2007 to $345.93 in 2010 and that its Net Income rose from $8.86 million in 2007 to $51.74 million in 2010.

Shares of China Automotive Systems Inc (NASDAQ: CAAS) rose from as low as $2.05 in November 2008 to as high as $22.24 in April 2010.

On March 17, 2011, China Automotive Systems Inc disclosed that it would delay filing its 10-K for the fiscal year ended December 31, 2010 and that China Automotive Systems Inc had determined that its financial statements for the year ended December 31, 2009 and for the first three quarters of 2010 should no longer be relied upon and should be restated as a result of errors in accounting related to China Automotive Systems Inc’s convertible notes issued on February 15, 2008.

Since April 2010 China Automotive Systems Inc (NASDAQ: CAAS) shares lost substantial in value and traded during August 2011 as low as $4.33 per share.