December 21, 2012 - The court ordered the authorization of the distribution of the net settlement fund.
March 23, 2011 - 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.

December 3, 2010 - The court preliminarily approved the settlement.

October 29, 2010 - Parties filed a stipulation of settlement.

September 5, 2008 - The lead plaintiff filed a notice of appeal.

August 29, 2008 - The court issued a judgment dismissing the case without prejudice.

August 7, 2008 - The court granted the defendants' motion to dismiss with prejudice in relation to plaintiff's claim for violation of §12(a)(2) of the Securities Act of 1933 and granted plaintiff leave to file an amended complaint.

March 17, 2008 - The defendants' filed a motion to dismiss.

January 30, 2008 - The lead plaintiff filed a consolidated complaint.

December 11, 2007 - All cases were consolidated.

November 2, 2007 - The case was transferred to the U.S. District Court for the District of Arizona.

October 31, 2007 - The lead plaintiff and lead counsel were appointed.

October 12, 2007 - Lead plaintiff motions were filed.

August 13, 2007 - An investor in shares of Limelight Networks Inc (NASDAQ: LLNW) filed a lawsuit in the U.S. District Court for the Southern District of New York against Limelight Networks Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between June 8, 2007 and August 8, 2007.

The Complaint alleges that defendants, including the Company's top executives and the co-lead underwriters of its IPO, negligently violated the federal securities laws by issuing a Prospectus in connection with its June 8, 2007 initial public offering ( IPO ) that was materially misleading regarding adverse business events that were affecting the Company, including: (a) that revenues were suffering due to greater reliance on television-related sales, which are seasonal; and (b) that Limelight Networks was being forced to resort to deep discounting its services in order to attract and maintain customers for its premier services because of those customers' resistance to paying adequate prices, a development that will impact the Company's June 30, 2007 quarter, and will continue to adversely impact the Company going forward. When the truth about these matters was revealed, Limelight Networks shares dropped substantially.