March 18, 2014 - The court granted the defendants' motion to dismiss and issued judgment in favor of the defendants.
May 18, 2012 - The defendants filed a motion to dismiss.

March 19, 2012 - The lead plaintiff filed an amended complaint.

December 29, 2011 - Lead plaintiff and lead counsel were appointed.

December 9, 2011 - Lead plaintiff motion was filed.

October 7, 2011 - An investor in shares of Stereotaxis Inc (NASDAQ: STXS) filed a lawsuit in the U.S. District Court for the Eastern District of Missouri on behalf of purchasers of the common stock of Stereotaxis Inc (NASDAQ: STXS) between February 28, 2011 and August 9, 2011, over alleged violations of Federal Securities Laws.

According to the complaint the plaintiff alleges that against certain of Stereotaxis Inc’s officers and directors violated the Securities Exchange Act of 1934.

The plaintiff claims that beginning on February 28, 2011, the Chief Executive of Stereotaxis Inc, along with certain officers and directors at Stereotaxis Inc, issued a series of positive statements to investors about the business condition and future prospects of Stereotaxis Inc that were allegedly materially false and misleading, and that caused shares of Stereotaxis Inc’s stock to trade at artificially high prices.

Despite that Stereotaxis Inc reported an increase in its annual Total Revenue from $39.30 million in 2007 to $54.05 million in 2010 and it was able to lower its Net Loss from $48.12 million in 2007 to $19.92 million in 2010, Stereotaxis Inc reported for the first quarter in 2011 a lower first quarter revenue of $10.22 million compared to $10.62 million last year and an increased first quarter Net Loss of $9.55 million compared to $8.43 million one year earlier.

Shares of Stereotaxis Inc (NASDAQ: STXS) traded during 2007 as high as $16.10 per share and fell in November ‘08 to as low as $2.25 per share. In 2009 NASDAQ: STXS regained some value and closed '09 at slightly below $4 per share. In 2010 STXS shares were able to breach through $5 per share and traded during March 2010 as high as $5.56, still significantly below its 2008 high. During the first months in 2011 STXS were able to trade in February and April around $4 per share.

However, NASDAQ: STXS shares fell to as low under $1 per share after Stereotaxis Inc announced its second quarter results 2011, suspended its FY 2011 guidance, and announced that its Chief Financial Officer was resigning. Stereotaxis Inc announced that its second quarter Total Revenue was down 22.7% from $15.0 million for the second quarter of 2010 and its Net Loss for the second quarter 2011 was $(9.7) million compared to a net loss of $(3.9) million reported for the second quarter 2010.

During August 23, 2011 NASDAQ shares fell to as low as $0.89 per share.