From RollingStone.com:
The web was abuzz with rumors that Van Halen had completed a new album — the first with David Lee Roth back as lead singer — over July Fourth weekend, with a “source” even telling MelodicRock.com that a first single is due at the end of the year. The report also claimed that the new album, the classic Van Halen lineup’s first since 1984, was nearly halfway complete and that it would be released in the first half of 2011. However, Eddie Van Halen’s wife and spokesperson Janie Van Halen has denied the report to Rolling Stone. “What is going around is exactly that, rumors. I don’t have any updates at this time,” Janie Van Halen said.
In Feburary 2009, Eddie Van Halen told Rolling Stone he was working up new tracks for the band. “I’ve got tons of music written, such a variety of stuff,” he said. “The essence of me is obviously there, and those drums, they’re always recognizable. But people expect a certain thing from Van Halen, and this isn’t exactly bang-your-head-against-the-wall stuff.” As Rolling Stone previously reported, Eddie Van Halen underwent surgery in his left hand last summer to fix a bone spur, twisted tendon and a cyst in the joint of his left thumb, which required four to six months of rehabilitation. The surgery, along with Eddie’s desire for his son and bassist Wolfgang to finish up high school before entering the studio, further delayed plans for Van Halen to record again with David Lee Roth.
While Eddie should be healed by now and Wolfgang is a graduate, there’s been no news from the Van Halen camp. However, Ticketmaster CEO Irving Azoff accidentally let slip last September that Van Halen might be touring again in 2010; so far no plans for a tour have been announced. The band reunited with Roth in September 2007 and their 2008 reunion trek grossed $93 million.