March 8, 2018 - The U.S. Court of Appeals for the Ninth Circuit affirmed the judgement of the district court.
August 15, 2016 - The lead plaintiff filed a notice of appeal.

August 9, 2016 - The court granted defendants' motion to dismiss with prejudice.

March 16, 2016 - Defendants filed a motion to dismiss.

February 15, 2016 - The lead plaintiff filed an amended complaint.

January 5, 2016 - The court granted defendants' motion to dismiss with leave to amend.

August 7, 2015 - Defendants filed a motion to dismiss.

June 19, 2015 - The lead plaintiff filed another amended complaint.

April 27, 2015 - The court granted the defendants' motion to dismiss with leave to amend.

December 12, 2014 - The defendants' filed a motion to dismiss.

October 13, 2014 - The lead plaintiff filed an amended complaint.

August 11, 2014 - The lead plaintiff and lead counsel were appointed.

May 27, 2014 - Lead plaintiff motions were filed.

March 28, 2014 - An investor in shares of SolarCity Corporation (NASDAQ: SCTY) filed a lawsuit in the U.S. District Court for the Northern District of California against SolarCity Corporation over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between March 6, 2013 and March 18, 2014.

According to the complaint the plaintiff alleges on behalf of all persons or entities who purchased or otherwise acquired securities of SolarCity Corporation (NASDAQ: SCTY) between March 6, 2013 and March 18, 2014, that SolarCity Corporation 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 claims that the defendants made false and/or misleading statements and/or failed to disclose that SolarCity Corporation lacked adequate controls over financial reporting, that SolarCity Corporation misclassified its reported expenses, that SolarCity Corporation’s prior financial statements required restatement, and that as a result of the above, SolarCity Corporation’s financial statements were materially false and misleading at all relevant times.

SolarCity Corporation reported that its annual Total Revenue rose from $59.55 million in 2011 to $128.66 million in 2012 while its Net Income of $43.52 million in 2011 declined to a Net Loss of $64.19 million.

Shares of SolarCity Corporation (NASDAQ: SCTY) grew from $10.73 per share in December 2012 to as high as $88.10 per share on February 28, 2014.

Then on March 3, 2014, SolarCity Corporation announced a delay in the filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2013 and the expected restatement of its 2012 consolidated financial statements. On March 18, 2014, SolarCity Corporation provided more information regarding its restatement. That same day, SolarCity Corporation informed investors in a SEC filing that its prior financial statements for the annual periods ended December 31, 2010, 2011 and 2012 should no longer be relied upon, as a result of (i) an error related to the presentation of non-cash stock based compensation costs in the consolidated statement of cash flows for the portion of such costs that were capitalized as part of the costs of solar energy systems leased and to be leased; and (ii) an error related to the classification of certain of the noncontrolling interests in subsidiaries after the Company concluded that certain noncontrolling interests with redemption rights should be presented in temporary equity and not permanent equity as had previously been disclosed. These matters also impacted the 2013 interim and 2012 annual and interim consolidated financial statements referred to in our Form 8-K filed on March 3, 2014.

Shares of SolarCity Corporation (NASDAQ: SCTY) declined from over $88 per share in February to as low as $56.62 per share on March 27, 2014.