July 9, 2012 - The court approved the settlement, entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissed the action with prejudice.
March 26, 2012 - The court preliminarily approved the settlement.

January 24, 2012 - Parties filed a stipulation of settlement.

August 9, 2010 - The court denied the defendants' motion to dismiss.

April 7, 2010 - The defendants filed a motion to dismiss.

March 8, 2010 - The lead plaintiffs filed a second amended consolidated complaint on behalf of investors who purchased PFF Bancorp Inc (OTC: PFFB) common shares between October 23, 2006 and April 30, 2008. The lead plaintiffs alleges that the defendants violated the Securities Act of 1933 and the Securities Exchange Act of 1934 by issuing false and misleading statements between October 23, 2006 and April 30, 2008.

February 8, 2010 - The court granted the defendants' motion to dismiss and granted lead plaintiffs leave to amend.

November 20, 2009 - The defendants filed a motion to dismiss.

October 14, 2009 - The lead plaintiffs filed an amended consolidated complaint.

September 14, 2009 - The lead plaintiffs and lead counsel were appointed.

March 9, 2009 - Lead plaintiff motions were filed.

January 5, 2009 - An investor in shares of PFF Bancorp Inc (OTC: PFFB) filed a lawsuit in the U.S. District Court for the Central District of California against certain officers and directors of PFF Bancorp Inc over alleged violations of Federal Securities Laws between October 23, 2006 and November 21, 2008.

According to the complaint the plaintiff alleges that certain of PFF Bancorp Inc’s officers and directors violated the Securities Exchange Act of 1934 by issuing between October 23, 2006 and November 21, 2008 materially false and misleading statements regarding PFF Bancorp Inc’s business and financial results and engaged in improper behavior, which harmed PFF Bancorp Inc’s customers and investors in its common stock, and the true facts were known by the defendants. The plaintiff alleges that defendants failed to disclose the lending to borrowers with little ability to repay the amount loaned and failing to inform investors of the impact of changes in the real estate market in San Bernardino and Riverside counties. The stockholder concludes that as a result of defendants’ false statements, PFF Bancorp Inc’s stock (OTC: PFFB) traded at artificially inflated prices between October 23, 2006 and November 21, 2008, reaching a high of $35.45 per share in December 2006. On November 21, 2008, after the market closed, the Bank was closed by regulators and taken over by U.S. Bancorp. Following this announcement, PFF Bancorp Inc (OTC: PFFB) stock declined to $0.01 per share or a total loss for investors, so the lawsuit.