December 9, 2014 - The court held a final settlement hearing and approved the settlement, entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissing the action with prejudice.
July 30, 2014 - The court preliminarily approved the settlement.

June 27, 2014 - The lead plaintiff filed a second amended complaint.

June 26, 2014 - Parties filed a stipulation of settlement.

April 22, 2013 - The defendants filed motions to dismiss.

February 19, 2013 - The lead plaintiff filed an amended complaint.

June 7, 2011 - The lead plaintiff and lead counsel were appointed.

May 17, 2011 - A lead plaintiff motion was filed.

March 18, 2011 - An investor in shares of Vestas Wind Systems A/S (OTC: VWSYF) and American Depositary Shares (OTC: VWDRY) filed a lawsuit in the U.S. District Court for the District of Colorado against Vestas Wind Systems A/S over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between October 27, 2009 and October 25, 2010.

The complaint alleges that between October 27, 2009 and October 25, 2010, Vestas Wind Systems A/S issued materially false and misleading statements regarding Vestas Wind Systems A/S’s financial revenues and earnings, as well as its fiscal year 2010 financial guidance. As a result of defendants’ false and misleading statements regarding Vestas Wind Systems A/S’s financial performance and outlook, Vestas’ American Depository Shares and ordinary shares traded at artificially inflated prices throughout the time specified in the complaint, reaching a high of $26.00 and $78.05 per share, respectively, on November 9, 2009.

Vestas Wind Systems A/S engages in the development, manufacture, sale, and maintenance of wind technology products — i.e., wind turbines — which utilize wind to generate electricity.