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University Board chair Lily Sarafan faces lawsuit

Summary by Stanford Daily
Dallas investor Jared Caplan filed a lawsuit on July 17 against University Board chair Lily Sarafan ’03 MS ’03, accusing her of fraudulent inducement, fraud by nondisclosure, negligent misrepresentation and unjust enrichment. A statement to The Daily from Sarafan’s legal counsel — Kirkland & Ellis partner Jeremy Fielding — called the allegations “meritless” and “a PR stunt designed to pressure a multimillion-dollar settlement by exploiting Ms. S…

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Stanford DailyStanford Daily
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University Board chair Lily Sarafan faces lawsuit

Dallas investor Jared Caplan filed a lawsuit on July 17 against University Board chair Lily Sarafan ’03 MS ’03, accusing her of fraudulent inducement, fraud by nondisclosure, negligent misrepresentation and unjust enrichment. A statement to The Daily from Sarafan’s legal counsel — Kirkland & Ellis partner Jeremy Fielding — called the allegations “meritless” and “a PR stunt designed to pressure a multimillion-dollar settlement by exploiting Ms. S…

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Stanford Daily broke the news in on Tuesday, August 5, 2025.
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