November 21, 2016 - The court ordered the authorization of the distribution of the net settlement fund.
November 25, 2014 - The court approved the settlement.

November 14, 2014 - The court held a final settlement hearing.

July 9, 2014 - The court preliminarily approved the settlement.

May 23, 2014 - Parties filed a stipulation of settlement.

December 23, 2013 - The court granted in part and denied in part the defendants motion to dismiss.

January 25, 2013 - The defendants filed a motion to dismiss.

December 10, 2012 - The lead plaintiff filed an amended consolidated complaint in the U.S. District Court for the Southern District of New York on behalf of investors who purchased American Depositary Shares (ADS) of New Oriental Education & Technology Group Inc (NYSE: EDU) between October 19, 2009 and July 17, 2012. The lead plaintiff alleges that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between October 19, 2009 and July 17, 2012.

October 25, 2012 - The lead plaintiff and lead counsel were appointed and all cases were consolidated.

October 12, 2012 - The plaintiff of the originally filed complaint filed a notice of voluntary dismissal with prejudice.

September 21, 2012 - Lead plaintiff motions were filed.

August 29, 2012 - Another investor filed a complaint in the U.S. District Court for the Southern District of New York on behalf of investors who purchased American Depositary Shares (ADS) of New Oriental Education & Technology Group Inc (NYSE: EDU) between July 21, 2009 and July 23, 2012.

July 23, 2012 - An investor in American Depositary Shares (ADS) of New Oriental Education & Technology Group Inc (NYSE: EDU) filed a lawsuit in the U.S. District Court for the Central District of California against New Oriental Education & Technology Group Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between July 21, 2009 and July 17, 2012

According to the complaint the plaintiff alleges on behalf of a class consisting of all persons or entities who purchased the American Depositary Shares of New Oriental Education & Technology Group Inc (NYSE: EDU) between July 21, 2009 and July 17, 2012, thatNew Oriental Education & Technology Group Inc and certain of its executive officers with violations of federal securities laws by issuing allegedly false and/or misleading statements, as well as allegedly failing to disclose material adverse facts about the New Oriental Education & Technology Group Inc’s business, operations and prospects.

On July 17, 2012, New Oriental Education & Technology Group Inc reported its unaudited financial results for the fiscal quarter and fiscal year ended May 31, 2012. New Oriental Education & Technology Group Inc disclosed that the U.S. Securities and Exchange Commission has launched a formal investigation into New Oriental Education & Technology Group Inc’s accounting practices. The SEC is investigating whether there is a sufficient basis for the consolidation of Beijing New Oriental Education & Technology (Group) Co, a variable interest entity of New Oriental Education & Technology Group Inc, and its wholly-owned subsidiaries, into New Oriental Education & Technology Group Inc's consolidated financial statements, New Oriental Education & Technology Group Inc said in its July 17, 2012 statement.

On July 18, 2012, a report was published by the research firm Muddy Waters Research, entitled, “Initiating Coverage on EDU – Strong Sell.”

American Depositary Shares of New Oriental Education & Technology Group Inc (NYSE: EDU) dropped from $22.26 per share on July 16, 2012 to as low as $9.50 per share on July 18, 2012.

On July 23, 2012, New Oriental Education & Technology Group Inc (NYSE: EDU) closed at $12.19 per share.