DealBook Briefing: The Fate of Financiers Tied to College Admissions Scandals

Gordon Caplan, a co-chairman of the global law firm Willkie Farr & Gallagher, was put on leave by the firm yesterday. He may face legal challenges from regulators and his own company, according to the New York Law Journal. He is accused of paying $75,000 to have someone improve his daughter’s score on the ACT exam. (Source: New York Times DealBook)