Newsday Consumer Watch Column Highlights Class-Action Suit That Alleges Astoria Financial, Inc. Engages In Deceptive Mortgage Le
February 16 2007 - 9:05AM
PR Newswire (US)
MANHASSET, N.Y., Feb. 16 /PRNewswire/ -- The law firm of Whalen
& Tusa, P.C., court-appointed class counsel in the certified
class action against Astoria Financial, Inc. (NYSE:AF) and its
subsidiaries including Astoria Federal Savings and Loan
Association, refers interested consumers to the article appearing
in the Sunday, January 14, 2007 edition of Newsday that discusses
the lawsuit. Copies of the article can be reviewed at
http://www.newsday.com/. The class action lawsuit alleges that
Astoria Financial and its subsidiaries impose fees, finance charges
and prepayment penalties when borrowers prepay loans secured by
their residences. These fees and penalties are alleged to be a
violation of federal and state consumer protection and lending
laws, consumers' loan agreements and lending regulations. The
lawsuit is pending in the United States District Court for the
Eastern District of New York. Interested parties are referred to
the firm's website, http://www.whalen-tusa.com/ for additional
information. The lawyers of the Whalen & Tusa, P.C. are
licensed in New York and have over 20 years combined experience
protecting the rights of consumers in class action litigation. To
read the article, please copy and paste the URL below into your web
browser: http://www.newsday.com/news/columnists/ny-
bzdalt145050605jan14,0,3209021.column?coll=ny-news-columnists
DATASOURCE: Whalen & Tusa, P.C. CONTACT: Paul Whalen of Whalen
& Tusa, P.C., +1-516-627-5610 Web site:
http://www.whalen-tusa.com/ http://www.newsday.com/
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