May 15, 2019 - The court preliminarily approved the settlement.

April 03, 2019 - A stipulation of settlement was filed by the parties.

August 4, 2017 - The court denied defendants' motion to dismiss.

May 17, 2017 - A motion to dismiss the third amended consolidated complaint was filed.

April 17, 2017 - A third amended consolidated complaint was filed.

March 20, 2017 - The court granted the defendants' motion to dismiss. The plaintiffs were given leave to amend the complaint.

October 21, 2016 - A motion to dismiss the second amended consolidated complaint was filed..

August 22, 2016 - A second amended consolidated complaint was filed.

July 25, 2016 - The court granted the defendants' motion to dismiss. The plaintiffs were given leave to amend the complaint.

March 28, 2016 - A motion to dismiss the amended consolidated complaint was filed.

January 29, 2016 - An amended consolidated complaint was filed.

August 24, 2015 - An investor in shares of El Pollo LoCo Holdings Inc (NASDAQ: LOCO) filed a lawsuit in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws by El Pollo LoCo Holdings Inc in connection with certain allegedly false and misleading statements made between May 15, 2015 and August 13, 2015.

According to the complaint the plaintiff alleges on behalf of purchasers of El Pollo LoCo Holdings Inc (NASDAQ: LOCO) common shares between May 15, 2015 and August 13, 2015, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that between May 15, 2015 and August 13, 2015 defendants made false and misleading statements and/or failed to disclose adverse information about El Pollo LoCo Holdings Inc's business and prospects, including that traffic at El Pollo Loco stores had declined substantially due to the removal of the value items from the restaurants' menu boards, and that as a result, comparable store sales were not growing at 3%, much less the 3% to 5% the defendants had led investors to believe they would grow in the second quarter of 2015.

The plaintiff alleges that as a result of these false and misleading statements and/or omissions, El Pollo LoCo Holdings Inc securities traded at artificially inflated prices between May 15, 2015 and August 13, 2015, with the Company's stock price reaching a high of $25.37per share.

On March 12, 2015, El Pollo LoCo Holdings Inc announced its fourth quarter and fiscal year 2014 financial results. El Pollo LoCo Holdings Inc reported that its Total Revenue rose from $314.73 million for the 52 weeks period that ended on December 25, 2013 to $344.86 million for the 53 weeks period that ended on December 31, 2014 and that its Net Loss of $16.87 million for the 52 weeks period that ended on December 25, 2013 turned into a Net Income of $42.46 million for the 53 weeks period that ended on December 31, 2014. Among other things, El Pollo LoCo Holdings Inc also issued its financial outlook for 2015.

On May 14, 2015, El Pollo LoCo Holdings Inc announced its first quarter 2015 financial results. El Pollo LoCo Holdings Inc reported that its first quarter revenue 2015 increased 11.2% to $84.7 million, from $76.2 million in the same period last year.

Then on August 13, 2015, El Pollo LoCo Holdings Inc announced its second quarter 215 financial results. El Pollo LoCo Holdings Inc reported that its second quarter revenue 2015 increased 2.7% to $83.6 million, from $81.4 million in the same period last year. However, El Pollo LoCo Holdings Inc updated its guidance for its fiscal year 2015.

Shares of El Pollo LoCo Holdings Inc (NASDAQ: LOCO) declined from $37.70 per share in November 2014 to as low as $12.39 per share on August 20, 2015.