Andrew Caspersen, a Harvard Law School graduate turned senior private equity executive, was charged with securities and wire fraud Monday in a criminal complaint brought by federal prosecutors in Manhattan and a parallel civil case leveled by the U.S. Securities and Exchange Commission.
Paul, Weiss, Rifkind, Wharton & Garrison and McKool Smith have been retained as a result of the allegations against Caspersen, a relative of several notable Big Law and Ivy League alums. Prosecutors claim that Caspersen stole $25 million from investors and planned to defraud them out of an additional $70 million.
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