November 28, 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.
August 1, 2011 - The court preliminarily approved the settlement.

June 2, 2011 - Parties filed a stipulation of settlement.

March 18, 2010 - The lead plaintiffs filed an amended complaint.

January 11, 2010 - The lead plaintiffs and lead counsel were appointed.

December 8, 2009 - A lead plaintiff motion was filed.

October 9, 2009 - An investor in shares of RHI Entertainment Inc (NASDAQ: RHIE) filed a lawsuit in the U.S. District Court for the Southern District of New York against RHI Entertainment Inc on behalf of investors who purchased or acquired shares pursuant and/or traceable to RHI Entertainment Inc’s initial public offering on or about June 19, 2008 (“IPO”) through November 6, 2008, inclusive.

According to the complaint the plaintiff alleges that RHI Entertainment Inc and certain of its executives violated the Securities Act of 1933 issuing numerous positive statements regarding its financial condition, business and prospects. On or about June 13, 2008, RHI Entertainment Inc filed with the United States Securities and Exchange Commission (“SEC”) a Form S-1/A Registration Statement for the IPO. On or about June 19, 2008, the Prospectus with respect to the IPO, which forms part of the Registration Statement, became effective and, including the exercise of the over-allotment, more than 13.5 million shares of RHI Entertainment Inc’s (NASDAQ: RHIE) common stock were sold to the public, thereby raising more than $189 million. The plaintiff alleges that the description of RHI Entertainment Inc’s business in the Registration Statement created the materially misleading impression that, at the time of the IPO, RHI Entertainment Inc had orders for 40 MFT movies and mini-series which had been paid for, were in production and would be delivered in the later half of the year. The complaint further alleges that these statements were materially false and misleading because defendants failed to disclose that, given the declining state of the credit markets and other negative factors then impacting RHI Entertainment Inc’s business, RHI Entertainment Inc would not be able to complete 40 MFT movies and miniseries in 2008.

RHI Entertainment Inc, located in New York, NY, develops, produces and distributes new made-for-television movies, mini-series and other television programming worldwide. They provide long-form television content, including domestic made-for-television (MFT), movies and mini-series. RHI Entertainment Inc reported in 2007 Total Revenue of $232.01million and in 2008 Total Revenue of $226.44million. Shares of RHI Entertainment Inc (NASDAQ: RHIE) traded recently at $2.94 per share and were down from its 52weekHigh of $15.03 per share.

In March of 2011 RHI Entertainment Inc emerged from bankruptcy. In March of 2012 RHI Entertainment Inc was renamed Sonar Entertainment Inc.