August 21, 2018 - The U.S. Court of Appeals for the Second Circuit affirmed the judgement of the district court.
October 23, 2017 - The lead plaintiffs filed a notice of appeal.

September 22, 2017 - The court granted defendants' motion to dismiss with prejudice.

November 11, 2016 - Defendants filed a motion to dismiss.

October 10, 2016 - The lead plaintiffs filed another amended consolidated complaint.

August 29, 2016 - Defendants filed a motion to dismiss.

July 15, 2016 - The lead plaintiffs filed an amended consolidated complaint on behalf of investors who purchased Eros International plc (NYSE: EROS) common shares between November 12, 2013 and November 12, 2015. The lead plaintiffs allege that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between November 12, 2013 and November 12, 2015.

April 5, 2016 - Lead plaintiff and lead counsel were appointed and all cases were consolidated.

January 12, 2016 - Lead plaintiff motions were filed.

November 13, 2015 - An investor in shares of Eros International plc (NYSE: EROS) filed a lawsuit in the U.S. District Court for the District of New Jersey over alleged violations of Federal Securities Laws by Eros International plc in connection with certain allegedly false and misleading statements made between June 17, 2014 and October 30, 2015.

According to the complaint the plaintiff alleges on behalf of purchasers of Eros International plc (NYSE: EROS) common shares between June 17, 2014 and October 30, 2015, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between June 17, 2014 and October 30, 2015 defendants made allegedly false and/or misleading statements and/or allegedly failed to disclose that: (i) the Company’s reported earnings significantly overstated the economic viability of Eros International plc’s business model; (ii) the Company’s accounting policy for amortization was unjustifiably aggressive in light of the impact of piracy on the long-term value of Eros’s assets; (iii) despite the Company’s reported profitability, Eros International plc generates no cash; (iv) Eros International plc has only been able to stay afloat by issuing stock and taking on debt; (v) Eros International plc significantly overstated the number of movies the Company distributed and the Company’s theatrical revenues during fiscal years 2014 and 2015; and (vi) as a result of the foregoing, Eros International plc’s public statements were materially false and misleading at all relevant times.

Eros International plc reported that its Total Revenue rose from $215.35 million for the 12 months period that ended on March 31, 2013 to $284.18 million for the 12 months period that ended on March 31, 2015 and that its Net Income for those time periods increased from $27.11 million to $40.34 million.

Shares of Eros International plc (NYSE: EROS) grew from $3.12 per share in July 2013 to as high as $36.32 per share in July 2015.

On October 30 2015, a report was published on Eros International plc asserting, among other things, that Eros International plc’s reported earnings are significantly overstating the economic reality of its business model, that Eros International plc’s subsidiary financials reveal a lack of free cash flow and raise many questions about the company’s accounting, and that Eros International plc has enriched its controlling family at the expense of shareholders through a series of related-party transactions.

Shares of Eros International plc (NYSE: EROS) declined to as low as $6.84 per share on November 13, 2015.