September 4, 2014 - The court ordered the authorization of the distribution of the net settlement fund.
February 5, 2014 - The court approved the settlement, entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissed the action with prejudice.

October 4, 2013 - The court preliminarily approved the settlement.

September 12, 2013 - Parties filed a stipulation of settlement.

November 8, 2012 - Parties filed a stipulation dismissing claims without prejudice against a particular defendant.

August 24, 2012 - The court granted in part and denied in part the defendants' motions to dismiss.

November 22, 2011 - The defendants filed motions to dismiss.

October 4, 2011 - The lead plaintiff filed a corrected amended complaint.

June 15, 2011 - The lead plaintiff filed an amended complaint on behalf of investors who purchased American Depositary Shares of Duoyuan Global Water Inc (NYSE: DGW) between June 24, 2009, and April 5, 2011. The lead plaintiffs alleges that the defendants violated the Securities Act of 1933 and the Securities Exchange Act of 1934 by issuing false and misleading statements between June 24, 2009, and April 5, 2011.

March 3, 2011 - The lead plaintiff and lead counsel were appointed.

November 22, 2010 - A lead plaintiff motion was filed.

September 20, 2010 - An investor in American Depositary Shares (ADS) of Duoyuan Global Water Inc (NYSE: DGW) has filed a lawsuit in the U.S. District Court for the Southern District of New York against Duoyuan Global Water Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between November 9, 2009 and September 13, 2010.

According to the complaint filed on behalf of investors who purchased the securities of Duoyuan Global Water Inc (NYSE: DGW) between November 9, 2009 and September 13, 2010 the plaintiff alleges that Duoyuan Global Water Inc and certain of its executive officers violated federal securities laws between November 9, 2009 and September 13, 2010 by knowing or recklessly disregarding that their public statements concerning Duoyuan Global Water's business, operations, and prospects were materially false and misleading.

Then on September 13, 2010, Duoyuan Printing Inc announced a series of management changes -- including the resignation of its CEO, its chief financial officer, and at least four members of its board of directors -- and the dismissal of its independent registered public accounting firm, Deloitte Touche Tohmatsu CPA Ltd. As a result of this news, so the lawsuit, shares of Duoyuan Global Water declined $8.60 per share, or more than 41%, to close on September 13, 2010, at $12.10 per share, on unusually heavy trading volume. Shares of Duoyuan Global Water Inc (NYSE: DGW) traded recently at $11.14 per share, down from its current 52weekHigh of $44 per share.

Duoyuan Global Water Inc is a China-based domestic water treatment equipment supplier. Duoyuan Global Waters Inc's total revenue increased from $292.86 million in 2006 to $783.41million in 2009. Its Net Income rose from $51.70million in 2006 to $117.00million in 2009. Duoyuan Global Water Inc, primarily through its chairman, chief executive officer and controlling shareholder, Wenhua Guo, maintains a substantial interconnection with Duoyuan Printing Inc, which is also subject of a lawsuit by investors in DYP shares.