August 20, 2012 - 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.
May 31, 2012 - The court preliminarily approved the settlement.

January 25, 2012 - Parties filed a stipulation of settlement.

February 7, 2011 - The court denied the defendants' motion to dismiss.

April 26, 2010 - The defendants filed a motion to dismiss.

March 11, 2010 - The lead plaintiff filed an amended consolidated complaint on behalf of investors who purchased Sturm Ruger & Company (NYSE: RGR) common shares between April 23, 2007 and October 24, 2007. The lead plaintiff alleges that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between April 23, 2007 and October 24, 2007.

January 13, 2010 - The lead plaintiff and lead counsel were appointed and all cases were consolidated.

October 13, 2009 - A lead plaintiff motion was filed.

September 30, 2009 - Another investor filed a complaint.

August 13, 2009 - An investor in shares of Sturm Ruger & Company (NYSE: RGR) filed a lawsuit in the U.S. District Court for the District of Connecticut against Sturm Ruger & Company Inc (NYSE: RGR) over alleged violations of Federal Securities Laws.

According to the complaint the plaintiff alleges that Sturm Ruger & Company Inc and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing between April 23, 2007 and October 29, 2007 statements about Sturm Ruger & Company’s revenues and earnings, that were allegedly materially false and misleading because defendants misrepresented and/or failed to disclose the specific adverse facts. Then on October 24, 2007, when Sturm Ruger & Company Inc announced that its firearm sales for the third quarter of 2007 fell 26%, resulting in a loss of $0.03 per share, and that sales had declined due to inventory issues at its distributors. Following this news, the price of Sturm Ruger & Company Inc. (NYSE: RGR) common stock fell by $6.45 per share, closing at $10.65 per share – a one-day decline of more than 37% on volume of 4.1 million shares, so the lawsuit.

Sturm Ruger & Company, located in Southport, CT, is principally engaged in the design, manufacture and sale of firearms to domestic customers. Sturm Ruger & Company’s design and manufacturing operations are located in the United States and substantially all product content is domestic. Sturm Ruger & Company (NYSE: RGR) reported in 2007 Total Revenue of $156.49million with a Net Income of $10.33million and in 2008 Total Revenue of $181.48million with a Net Income of $8.67million. Shares of Sturm Ruger & Company (NYSE: RGR) traded recently at $12.30 per share, down from a 52weekHigh of $15.20 per share and $20.37 per share in 2007.