September 28, 2012 - The court granted the stipulation of dismissal and dismissed the case with prejudice.
September 27, 2012 - The parties filed a stipulation of dismissal with prejudice.

July 13, 2012 - The court granted defendants' motion to dismiss with leave to amend.

March 9, 2012 - Defendants filed a motion to dismiss.

January 9, 2012 - The lead plaintiff filed an amended consolidated complaint on behalf of investors who purchased Logitech International SA (NASDAQ: LOGI) common shares between October 28, 2010 and September 21, 2011. The plaintiff alleges that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between October 28, 2010 and September 21, 2011.

October 27, 2011 - Lead plaintiff and lead counsel were appointed and all cases were consolidated.

July 28, 2011 - The case was transferred to the U.S. District Court for the Northern District of California.

July 22, 2011 - Lead plaintiff motions were filed.

May 23, 2011 - An investor in shares of Logitech International SA (USA) (NASDAQ: LOGI) filed a lawsuit in the U.S. District Court for the Southern District of New York against Logitech International SA (USA) over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between October 28, 2010 and April 1, 2011.

According to the complaint the plaintiff alleges that Logitech International SA (USA) and certain of its officers and directors violated the Securities Exchange Act of 1934 by failing to disclose between October 28, 2010 and April 1, 2011 material adverse facts about its true financial condition, business and prospects.

Logitech International SA (USA) reported over the past four 12 months filing periods relatively consistent 12 months Total Revenue ranging from $1.966 billion to $2.379 billion. Logitech International SA (USA) was able to increase its 12 months Total Revenue from $1.966 billion reported on March 31, 2010 to $2.362 billion reported on March 31, 2011.

On the other hand its Net Income over the past four 12 months filing periods fell from $231.03 million to $128.46 million. However Logitech International SA (USA) was able to increase its Net Income from $64.96 million reported on March 31, 2010 to $128.46 million reported on March 31, 2011.

Shares of Logitech International SA (USA) (NASDAQ: LOGI) fell from as high as $37.07 in 2007, respectively as high as $32.93 in 2008 to $8.01 per share during March 2009. Since then LOGI shares increased to over $20 until the end of 2010.

On March 31, 2011, after the close of the market, Logitech International SA (USA) issued a press release announcing that it had “lowered its full-year outlook for Fiscal Year 2011, ending March 31, 2011. The Logitech International SA (USA) now expects FY 2011 sales in the range of $2.35 to $2.37 billion, down from the previous range of $2.4 to $2.42 billion. FY 2011 operating income is now expected to be in the range of $140 to $150 million, down from the previous range of $170 to $180 million.”

Shares of Logitech International SA (USA) (NASDAQ: LOGI) fell from almost $20 per share during March 2011 to under $13 in May.