BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of investors of PJT Partners, Inc. (“PJT Partners” or the “Company”) (NYSE: PJT) concerning the Company and its officers’ possible violations of federal securities laws. Injured investors are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights, and a potential class action lawsuit to recover investors’ losses.
On March 28, 2016, news reports revealed that PJT Partners’ 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 said in a statement that it was “stunned and outraged” and has since conducted an internal investigation for federal prosecutors.
On this news, shares of PJT Partners have fallen as much as 25% during intraday trading on March 28, 2016.
If you purchased PJT Partners securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.
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