August 25, 2008 - The court granted the defendants motion to dismiss with prejudice.
June 18, 2008 - Defendants filed a motion to dismiss.

May 27, 2008 - The court denied defendants' motion to dismiss as moot.

May 19, 2008 - The lead plaintiff filed an amended complaint.

April 2, 2008 - Lead plaintiff and lead counsel were appointed.

March 10, 2008 - Defendants filed a motion to dismiss.

March 3, 2008 - Lead plaintiff motion was filed.

January 3, 2008 - An investor in shares of Comcast Corporation (NASDAQ: CMCSA) filed a lawsuit in the U.S. District Court for the Eastern District of Pennsylvania against Comcast Corporation over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between February 1, 2007 and December 4, 2007.

The complaint charges Comcast Corporation and certain of its officers and directors with violations of the Securities Exchange Act of 1934. The complaint alleges that, between February 1, 2007 and December 4, 2007, defendants materially misled the investing public, thereby inflating the price of Comcast Corporation’s (NASDAQ: CMCSA) common stock by publicly issuing false and misleading statements and failing to disclose:

(i) that Comcast Corporation was experiencing increased competition from satellite providers and telephone companies which was forcing it to spend more to attract and retain customers, and that this adverse trend was worsening;

(ii) that Comcast Corporation’s level of capital expenditures necessary to upgrade and maintain its technology and equipment was rising beyond internal expectations; and

(iii) as a result of the foregoing, defendants’ positive statements about Comcast Corporation and their earnings guidance were lacking in a reasonable basis at all times.

On October 25, 2007, Comcast Corporation issued a press release announcing its financial results for the third quarter of 2007, the period ended September 30, 2007. Comcast Corporation reported that third-quarter net income fell 54% from the prior year and that it was experiencing slowing subscriber growth. Upon these announcements, the price of Comcast Corporation (NASDAQ: CMCSA) common stock fell $2.57 per share, or approximately 11%, to close at $21.28 per share, on heavy trading volume.

Then, on December 4, 2007, after the markets closed, Comcast Corporation issued a press release announcing that it was cutting its 2007 user growth forecast of 6.5 million revenue generating units (”RGUs”) to 6 million RGUs and that its revenue and cash flow growth projections would fall short of expectations. Upon this news, the price of Comcast Corporation (NASDAQ: CMCSA) common stock fell an additional $2.55 per share, or approximately 12%, to close at $18.18 per share, on heavy trading volume.

Comcast Corporation, together with its subsidiaries, operates as a cable operator in the United States.