May 9, 2016 - The court granted the motion for attorneys’ fees and expenses.
March 23, 2016 - The court approved the settlement and the plan of allocation and dismissed the action with prejudice.

December 8, 2015 - The court preliminarily approved the settlement.

October 7, 2015 - Parties filed a stipulation of settlement.

April 29, 2015 - The lead plaintiff filed a notice of appeal.

March 30, 2015 - The court granted the defendants' motion to dismiss with prejudice.

May 15, 2012 - The defendants filed a motion to dismiss.

March 30, 2012 - The lead plaintiff filed a second amended complaint on behalf of investors who purchased Triad Guaranty Inc (NASDAQ: TGIC) common shares between October 26, 2006 and April 1, 2008. The plaintiff alleges that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between October 26, 2006 and April 1, 2008.

January 27, 2012 - The court granted defendants' motion to dismiss without prejudice and leave to amend.

August 21, 2009 - Defendants filed a motion to dismiss.

June 22, 2009 - The lead plaintiff filed an amended complaint.

April 16, 2009 - Lead plaintiff and lead counsel were appointed.

March 30, 2009 - Lead plaintiff motion was filed.

January 28, 2009 - An investor in shares of Triad Guaranty Inc (NASDAQ: TGIC) filed a lawsuit in the U.S. District Court for the Middle District of North Carolina against Triad Guaranty Inc (NASDAQ: TGIC) over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between October 26, 2006 and November 10, 2008.

According to the complaint the plaintiff alleges that Triad Guaranty Inc (NASDAQ: TGIC) and certain of its officers and directors with violated the Securities Exchange Act of 1934 by issuing between October 26, 2006 and November 10, 2008, materially false and misleading statements regarding the Triad Guaranty Inc’s business and financial results. As a result of defendants’ false statements, so the lawsuit, Triad Guaranty Inc stock (NASDAQ: TGIC) traded at artificially inflated prices issuing between October 26, 2006 and November 10, 2008, reaching its high of $58.45 per share in January 2007.

However, beginning in late August 2007 and continuing throughout 2008, Triad Guaranty Inc began to acknowledge serious issues surrounding its exposure to anticipated losses and defaults related to its book of business for its Alt-A and pay-option adjustable rate mortgage (“ARM”) products written in 2006 and 2007 due to a failure to engage in proper underwriting practices, resulting in a decline in Triad Guaranty Inc’s stock price, so the plaintiff. Then, on November 10, 2008, Triad Guaranty Inc issued its financial results for the third quarter of 2008, reporting a net loss for the quarter ended September 30, 2008 of $160.1 million. And on this news, so the plaintiff, Triad Guaranty Inc’s stock (NASDAQ: TGIC) price dropped $0.11 per share to close at $0.70 per share on November 11, 2008.