=========================================================================== UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________ FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ______________________________ Date of report (Date of earliest event reported): March 15, 2006 WESTBOROUGH FINANCIAL SERVICES, INC. (Exact name of registrant as specified in its charter) Massachusetts 000-27997 04-3504121 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 100 E. Main Street, Westborough, MA 01581 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (508) 366-4111 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 8.01 Other Events. On March 15, 2006, Westborough Bank (the "Bank"), the wholly-owned subsidiary of Westborough Financial Services, Inc. (the "Registrant"), settled the litigation matter previously disclosed in the Registrant's Current Report on Form 8-K dated July 11, 2005. The settlement was entered into without admission of fault or liability by the Bank or any other party. The financial aspects of the settlement remain confidential pursuant to the terms of the settlement agreement. See the Registrant's Current Report on Form 8-K dated July 11, 2005 for more information. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WESTBOROUGH FINANCIAL SERVICES, INC. By: /s/ John L. Casagrande ---------------------------- Name: John L. Casagrande Title: Senior Vice President and Treasurer Date: March 29, 2005