August 6, 2013 - 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.
March 27, 2013 - The court preliminarily approved the settlement.

February 19, 2013 - Parties filed a stipulation of settlement.

November 19, 2012 - The lead plaintiff filed a corrected amended complaint.

February 21, 2012 - The court reaffirmed its lead plaintiff and lead counsel order.

February 15, 2012 - The court granted in part and denied in part the defendants' motion to dismiss.

December 7, 2011 - The defendants filed a motion to dismiss.

November 7, 2011 - The lead plaintiff and lead counsel were appointed.

October 6, 2011 - The plaintiff filed an amended complaint.

September 19, 2011 - A lead plaintiff motion was filed.

July 20, 2011 - An investor in shares of Lockheed Martin Corporation (NYSE: LMT) filed a lawsuit the U.S. District Court for the Southern District of New York against Lockheed Martin Corporation over alleged Violations of Federal Securities Laws.

According to the complaint the plaintiff alleges on behalf of investors who purchased Lockheed Martin Corporation (NYSE: LMT) common stock between April 21, 2009 and July 21, 2009, that Lockheed Martin Corporation and certain of its officers and directors violated the Securities Exchange Act of 1934 by issued materially false and misleading statements regarding the Company’s business and prospects Lockheed Martin Corporation reported an increase in its annual Total Revenue from $41.86billion for 2007 to $45.80billion for 2010. Its Net Income on the other hand decreased from $3.03billion for 2007 to $2.64billion for 2010.

Shares of Lockheed Martin Corporation (NYSE: LMT) traded as high as $111.67 during 2007 and as high as $117.27 in 2008, but fell in 2009 to as low as $58.85 per share. On July 21, 2009, Lockheed Martin Corporation announced its financial results for the second quarter of 2009. Among other things, so the plaintiff, Lockheed Martin Corporation reported disappointing results in its Information Systems & Global Systems division. Following the issuance of the press release, Lockheed Martin Corporation held a conference call to discuss the reported earnings and its operations. During the conference call, defendants described the problems facing the Information Systems & Global Systems division and admitted that Lockheed Martin Corporation was not performing according to expectations in that important division, so the lawsuit. The price of Lockheed Martin Corporation common stock declined from $82.11 per share to $75.13 per share on July 21, 2009. It took until the mid of September for NYSE: LMT shares to break the $80 per share again.