An investigation for investors in NYSE:PJT shares was announced over potential securities laws violations by PJT Partners Inc in connection certain financial statements.
Investors who purchased shares of PJT Partners Inc (NYSE:PJT), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of PJT Partners Inc (NYSE:PJT) concerning whether a series of statements by PJT Partners regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On March 28, 2016, news reports revealed that PJT Partners Inc’s managing director, Andrew Caspersen, was arrested and charged with defrauding investors of more than $95 million. Mr. Caspersen allegedly stole the money via phony private equity investments and lost millions through aggressive options trading with his own account. After Mr. Caspersen’s arrest, PJT Partners Inc said in a statement that it was “stunned and outraged” and has since conducted an internal investigation for federal prosecutors. Shares of PJT Partners Inc (NYSE:PJT) declined to as low as $19.96 per share on March 28, 2016.
On April 11, 2016, NYSE:PJT shares closed at $22.77 per share.
Those who purchased NYSE:PJT shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com