September 7, 2016 - The court approved the settlement, the plan of allocation, the motion for attorneys’ fees and expenses, and dismissed the action with prejudice.
February 29, 2016 - The court preliminarily approved the settlement.

January 8, 2016 - Parties filed a stipulation of settlement.

June 26, 2015 - Defendants filed a motion to dismiss.

May 4, 2015 - The lead plaintiff filed another amended complaint.

April 3, 2015 - The court granted in part and denied in part the defendants' motions to dismiss and granted lead plaintiff leave to file an amended complaint.

April 25, 2014 - The defendants filed motions to dismiss.

February 24, 2014 - The lead plaintiff filed an amended complaint.

December 13, 2013 - The lead plaintiff and lead counsel were appointed.

October 1, 2013 - A lead plaintiff motion was filed.

July 26, 2013 - An investor in shares of Polycom Inc (NASDAQ: PLCM) filed a lawsuit in the U.S. District Court for the Northern District of California against Polycom Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between July 24, 2012 and June 23, 2013.

According to the complaint the plaintiff alleges on behalf of purchasers of Polycom Inc (NASDAQ: PLCM) common stock during the period between July 24, 2012 and June 23, 2013, that Polycom Inc and certain of its officers and directors violated Federal Securities Laws pursuant to Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.

More specifically, the plaintiff alleges that Defendants made false and/or misleading statements and/or failed to disclose that Polycom Inc’s CEO had been submitting inappropriate and irregular expense submissions, that Polycom Inc’s CEO was violating Polycom Inc's code of conduct and was subject to dismissal at all relevant times, that Polycom Inc did not have effective internal controls over their business operations, that the CEO's improper conduct created a risk that he would be terminated from Polycom Inc, jeopardizing Polycom Inc's future success, and that as a result of the above, Polycom Inc’s financial statements were materially false and misleading at all relevant times.

Polycom Inc reported that its annual Total Revenue declined from over $1.4 billion in 2011 to $1.39 billion in 2012 and that its respective Net Income declined from $135.81 million to $9.76 million.

Shares of Polycom Inc (NASDAQ: PLCM) declined from $21.79 per share in February 2012 to a $9.12 per share in February 2013.

On July 23, 2013, Polycom Inc reported its financial results for the second quarter ended June 30, 2013. Among other things, Polycom Inc also announced the appointment of Kevin Parker as Interim Chief Executive Officer.

Polycom Inc said that Mr. Parker replaces Andrew Miller who resigned as Chief Executive Officer, President and a member of the Board of Directors on July 19, 2013, after the Audit Committee of the Board of Directors found certain irregularities in Mr. Miller’s expense submissions, for which Mr. Miller accepted responsibility.

Shares of Polycom Inc (NASDAQ: PLCM) declined from $11.70 per share in Monday 22, 2013, to $9.37 per share in July 25, 2013.

On July 26, 2013, Polycom Inc (NASDAQ: PLCM) shares closed at $9.59 per share.