Gordon Caplan, the co-chairman of the law firm Willkie Farr & Gallagher, was placed on leave by the firm after he was accused of conspiring to cheat on his daughter’s ACT exam. He is also expected to appear in court on Wednesday.
William McGlashan, a major Silicon Valley investor who is charged with conspiring to cheat on his son’s ACT exam and also to bribe an official at U.S.C., either resigned from or was pushed out of his investment firm, TPG.
Mr. McGlashan has also had to cancel a planned spring break trip to Mexico with his wife and children. When Mr. McGlashan appeared in court last week, his lawyer argued that Mr. McGlashan did not represent a flight risk and should be allowed to make the trip with his family, which he said had been planned months before the charges were unveiled. Absent a flight risk, he said, denying Mr. McGlashan the vacation was merely punitive.
The prosecution disagreed — and noted that Mr. McGlashan had two vacation homes he could travel to instead, one in Big Sky, Mont., worth $12 million, and another in Truckee, Calif. The judge ultimately did not allow Mr. McGlashan to go on the vacation.
Parents, of course, are not the only ones who have faced consequences. Yale rescinded the admission of one student. U.S.C. has said it will reject applicants tied to the case and has informed some current students that they can’t register for classes until the school determines their degree of responsibility. Mr. McGlashan’s lawyers noted in a memorandum filed with the court that his son, a senior in high school, had withdrawn his college applications.
While some parents have indicated that they will fight the charges, others are expected to plead guilty in the coming days. Two parents scheduled to appear on Wednesday, Jane Buckingham and Devin Sloane, filed motions seeking to reschedule their appearances. Both said that they were in discussions with the government to resolve the charges. Ms. Buckingham is accused of paying Mr. Singer $50,000 to have someone else take the ACT exam for her son. Mr. Sloane is accused of conspiring to bribe to have his son admitted to U.S.C. as a water polo recruit, even though he did not play water polo competitively.
Their lawyers did not respond to requests for comment.