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Thursday, April 2, 2015

Ex-TPG executive alleges partner said he wanted to 'smack' him against a wall: lawsuit

TPG Capital was sued on Thursday by its former head of public affairs, who accused the private equity giant of ignoring his warnings that the firm may have violated securities regulations and defrauded investors out of millions of dollars as a result. The whistleblower lawsuit, almost without precedent in the tight-knit world of private equity, was filed by Adam Levine, who had been an assistant White House press secretary under President George Bush in 2002-2003 and then worked at TPG from 2008 until the end of 2014.

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