Allegation
Institution Type
Money left behind in the plan may have been used to save East West Bank money instead of helping the people in it. It’s free to see if your account was affected.
Anyone who has money in the East West Bank 401(k) plan. Current and former employees may qualify.
Federal law requires companies to manage their retirement plans in the best interest of the people in the plan. When employees leave East West Bank before they are fully vested, some of the company’s contributions to their accounts stay in the plan. That money can be used to cover fees that people in the plan would otherwise pay. It looks like East West Bank may have used it to lower its own costs instead. It’s free to see if your account was affected.
Fill out the short form below. Our team will review your answers. If your account may have been affected, we’ll contact you to explain what that means and answer your questions, at no cost to you.
East West Bancorp, Inc. is the parent company of East West Bank, a financial institution headquartered in Pasadena, California. The bank provides commercial banking services to individuals and businesses, with a focus on connecting the United States and Asia. Its services include business banking, personal banking, commercial lending, and international banking solutions.
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