April 6, 2018 - The court ordered the authorization of the distribution of the net settlement fund.
April 12, 2017 - The court approved the settlement.

July 25, 2016 - The court preliminarily approved the settlement.

June 17, 2016 - Parties filed a stipulation of settlement.

September 24, 2014 - The court issued an order staying the case.

October 8, 2013 - The court dismissed the case without prejudice as to certain defendants.

September 30, 2013 - The lead plaintiffs filed a notice of voluntary dismissal of certain defendants without prejudice.

September 17, 2013 - The lead plaintiffs filed a notice of voluntary dismissal of certain defendants without prejudice.

July 31, 2013 - The lead plaintiffs filed an amended consolidated complaint on behalf of investors who purchased Digital Domain Media Group Inc (NYSE: DDMG) common shares in an initial public offering completed on November 21, 2011 and/or between November 18, 2011 and September 6, 2012. The plaintiffs allege that the defendants violated the Securities Act of 1933 and the Securities Exchange Act of 1934 by issuing false and misleading statements between November 18, 2011 and September 6, 2012.

March 12, 2013 - Lead plaintiffs and lead counsel were appointed and all cases were consolidated.

November 19, 2012 - Lead plaintiff motions were filed.

September 20, 2012 - An investor in shares of Digital Domain Media Group Inc (NYSE: DDMG now trading on the OTC sheets as DDMGQ) filed a lawsuit in the U.S. District Court for the Southern District of Florida against former directors and executives of Digital Domain Media Group Inc over alleged securities laws violations.

According to the complaint the plaintiff alleges on behalf of those who purchased or otherwise acquired Digital Domain Media Group Inc (NYSE: DDMG) common stock on the NYSE between November 18, 2011 and September 6, 2012 and / or those who purchased or otherwise acquired NYSE: DDMG stock in or traceable to the Company’s IPO on November 18, 2011, that certain officers of Digital Domain Media Group Inc, along with the managing underwriters of the Company’s IPO violated Federal Securities Laws.

The plaintiff alleges that Digital Domain Media Group Inc, that was forced to file for bankruptcy in September 2012, less than 10 months after its IPO, allegedly misled investors in documents filed with the SEC as part of the Offering and in other statements made between November 18, 2011 and September 6, 2012.
The plaintiff claims that, among other things, the defendants misled the public about Digital Domain Media Group Inc’s ability to raise capital and fund its operations, allegedly falsely reassuring investors about the Digital Domain Media Group Inc’s ability to meet operating expenses while it “burned” cash at a rate that threatened its viability.
The plaintiff says that truth of the Company’s financial situation was revealed in a series of disclosures beginning with an August 1, 2012 announcement stating that Digital Domain Media Group Inc would explore “a broad range of strategic and financial alternatives” and culminating with its filing for Chapter 11 bankruptcy protection September 11, 2012.

NYSE: DDMG shares fell from $9 per share in May 2012 to slightly over $2 per share in August 2012.

Currently Digital Domain Media Group Inc shares trade under DDMGQ at under $0.30 per share.