March 30, 2020 - The case was voluntarily dismissed.
March 3, 2020 - The court granted in part and denied in part the defendants' motion to dismiss. The plaintiffs were given leave to amend the complaint.

March 13, 2019 - A motion to dismiss the corrected amended complaint was filed.

January 31, 2019 - A corrected amended complaint was filed.

January 22, 2019 - An amended complaint was filed.

August 9, 2018 - An investor in shares of Zion Oil & Gas, Inc. (NASDAQ: ZN) filed a lawsuit in the U.S. District Court for the Northern District of Texas over alleged violations of Federal Securities Laws by Zion Oil & Gas, Inc. in connection with certain allegedly false and misleading statements made between March 12, 2018 and July 10, 2018.

According to the complaint the plaintiff alleges on behalf of purchasers of Zion Oil & Gas, Inc. (NASDAQ: ZN) common shares between March 12, 2018 and July 10, 2018, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that between March 12, 2018 and July 10, 2018, the defendants failed to disclose that Zion Oil & Gas, Inc. was either already or was likely to soon become the subject of an SEC investigation, and that as a result, Zion' public statements were materially false and misleading at all relevant times

Dallas, TX based Zion Oil & Gas, Inc. operates as an oil and gas exploration company in Israel. On July 11, 2018, Zion Oil & Gas, Inc. (NASDAQ: ZN) disclosed that the Company had received a subpoena to produce documents from the Fort Worth office of the Securities and Exchange Commission ( SEC ), informing Zion Oil & Gas, Inc. (NASDAQ: ZN) of the existence of a non-public, fact-finding inquiry into the Company.

Shares of Zion Oil & Gas, Inc. (NASDAQ: ZN) declined on July 12, 2018 to as low as $3.10 per share.