May 20, 2011 - The court approved the stipulation and dismissed the case with prejudice.
May 12, 2011 - Parties filed a stipulation of dismissal.

April 28, 2011 - The court granted a request plaintiffs requesting an extension in which to file their second amended complaint.

March 30, 2011 - The court issued an order dismissing the case in its entirety and closing the case.

March 28, 2011 - The court granted the defendants' motion to dismiss.

May 28, 2010 - The defendants filed a motion to dismiss.

March 19, 2010 - The lead plaintiffs filed a consolidated complaint.

February 2, 2010 - The lead plaintiffs and lead counsel were appointed and all cases were consolidated.

December 22, 2009 - Another lead plaintiff motion was filed.

December 21, 2009 - A lead plaintiff motion was filed and the plaintiff filed an amended complaint.

October 21, 2009 - An investor in American Depositary Shares (ADS) of The9 Limited (NASDAQ: NCTY) filed a lawsuit in the U.S. District Court for the Southern District of New York against The9 Limited over alleged violations of Federal Securities Laws over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between November 15, 2006 and July 15, 2009.

According to the complaint the plaintiff alleges that The9 Limited and certain directors and officers of The9 Limited violated the Exchange Act of 1934 by issuing numerous positive statements regarding its financial condition, business and prospects, that were inaccurate statements of material fact when made because defendants failed to disclose material facts. Then on July 15, 2009, The9 Limited reported a $36.9 million – or 72% – reduction in net income for 2008 from $51.1 million in net income that it had reported for that period on February 23, 2009. Moreover, The9 Limited announced that it had not begun negotiations with Blizzard concerning the renewal of the World of Warcraft contract as of the date that it had previously represented to investors. In response to this news, American Depositary Shares (ADS) of The9 Limited (NASDAQ: NCTY) stock dropped 18% to $8.34.

The9 Limited, located in Shanghai, is engaged in the business of developing and operating online games and related services. As of December 31, 2008, The9 Limited owned and operated games in mainland China, which included World of Warcraft (WoW), Soul of The Ultimate Nation (SUN), Granado Espada, EA Sports FIFA Online, Atlantica , Audition 2, World of Fighter (formerly Warriors of Fate Online), JiuZhouZhanJi, Field of Honor, Mystina Online, and Joyful Journey West (JJW). The9 Limited reported in 2007 Total Revenue of $1.27961 billion with a Net Income of $240.89 million and in 2008 Total Revenue of $1.71149 billion with a Net Income of $96.83 million. Shares of The9 Limited traded recently at $7.80 per share, down from its 52 week High of $16.64 per share, $26.50 per share in July 2008 and over $50 per share in 2007.