June 11, 2010 - The court approved the settlement, entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissing the action with prejudice.
January 22, 2010 - The court preliminarily approved the settlement.

October 21, 2009 - Parties filed a stipulation of settlement.

September 2, 2008 - The lead plaintiff filed a consolidated amended complaint.

May 19, 2008 - The lead plaintiff and lead counsel were appointed and all cases were consolidated.

March 25, 2008 - Lead plaintiff motions were filed.

February 25, 2008 - Another investor filed a complaint.

January 25, 2008 - An investor in shares of TeleTech Holdings Inc (NASDAQ: TTEC) filed a lawsuit in the U.S. District Court for the Southern District of New York against TeleTech Holdings Inc over alleged violations of Federal Securities Laws between February 8, 2007 and November 8, 2007.

The defendants are charged with making a series of materially false and misleading statements related to the TeleTech Holdings Inc's business and operations in violation of the Securities Exchange Act of 1934 (the “Exchange Act”). In addition, defendants and its underwriters for the TeleTech Holdings Inc’s March 30, 2007 Secondary Offering are charged with issuing a materially false and misleading Registration Statement and joint Proxy-Prospectus in violation of the Securities Act of 1933 (the “Securities Act”).

On November 8, 2007, defendants shocked investors by announcing that TeleTech Holdings Inc was conducting a “review of equity-based compensation practices and likely restatement of previous issued financial statements” would be required — possibly as far back as 1999. At that time, investors learned that TeleTech Holdings Inc would likely be forced to take millions of dollars in charges and reserves, and that the Company would be forced to restate almost a full decade of financial results to account for the Company’s true employment costs, expenses, reserves, payroll taxes, fines and penalties.

Following this news, on November 9, 2007, shares of TeleTech Holdings Inc (NASDAQ: TTEC) fell from a prior day’s closing price of $22.61 per share, to an intra-day and 52-week trading low of $18.76 per share — an immediate decline of over 17%. That day, over 4.13 million shares traded as TeleTech Holdings Inc shares fell to a mere half of the $36.50 price at which defendant Kenneth Tuchman liquidated almost $210 million of his personally held TeleTech Holdings Inc shares at the end of March 2007.