October 24, 2014 - The U.S. Court of Appeals for the Eleventh Circuit affirmed the decision of the district court.
April 15, 2014 - The lead plaintiffs filed a notice of appeal.

March 18, 2014 - The court granted the defendants' motions to dismiss and ordered to permanently close the case.

July 26, 2013 - The defendants filed motions to dismiss.

June 20, 2013 - The lead plaintiffs filed a second amended complaint.

June 13, 2013 - The court denied the motion for reconsideration but granted the lead plaintiffs leave to file a second amended complaint.

November 30, 2012 - The lead plaintiffs filed a motion for reconsideration of the November 16, 2012 order.

November 16, 2012 - The court granted the defendants' motion to dismiss without prejudice, dismissing Claims I, II, and III of the amended complaint.

June 25, 2012 - The lead plaintiffs filed a notice of voluntary dismissal, dismissing two individual defendants.

April 6, 2012 - Defendants filed a motion to dismiss.

March 20, 2012 - The lead plaintiffs filed an amended consolidated complaint.

February 17, 2012 - Lead plaintiffs and lead counsel were appointed and all cases were consolidated.

November 14, 2011 - An investor in shares of FriendFinder Networks Inc (NASDAQ: FFN) filed a lawsuit in the U.S. District Court for the Southern District of Florida against FriendFinder Networks Inc over alleged Violations of Federal Securities Laws.

According to the complaint the plaintiff alleges on behalf of investors who purchased or otherwise acquired FriendFinder Networks Inc (NASDAQ: FFN) common stock pursuant to the May 11, 2011 public offering of its common stock, that the defendants violated the Sections 11, 12(a)(2) and 15 of the Securities Act of 1933. Specifically the plaintiff claims that FriendFinder Networks Inc, certain of its officers and directors, and underwriters made allegedly false and misleading statements and omissions in the Registration Statement and Prospectus dated May 10, 2011 and May 11, 2011, respectively.
According to those Registration Statement and Prospectus Documents, after the offering there would be approximately 26.7 million common shares outstanding and of these shares, at least 20.9 million were subject to a 180 day lock-up period, during which the shares could not be traded and these statements are alleged to have been false and misleading when made, so the lawsuit.
On November 14, 2011, FriendFinder Networks Inc reported its financial results for the third quarter 2011. Among other things, FriendFinder Networks Inc said that its Revenue for the third quarter of 2011 was $82.7 million and that this revenue was impacted by a decrease in traffic and a decline in new subscribers and renewal orders primarily in European markets. FriendFinder Networks Inc said that its Net loss for the third quarter of 2011 was ($5.4 million) and its Net loss for the nine months ended September 30, 2011 was ($20.9 million).
Shares of FriendFinder Networks Inc dropped since the May 11, public Offering from $7.85 per share to $1.15 on November 21, 2011.