NEW YORK, May 09, 2016 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in
PJT Partners, Inc. (“PJT” or the “Company”) (NYSE:PJT) of the June 14, 2016 deadline to seek the role of lead plaintiff in a
federal securities class action lawsuit filed against the Company and certain officers.
The lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all those who purchased
PJT stock or options between November 12, 2015 and March 28, 2016 (the “Class Period”). The case, Barrett v. PJT Partners
Inc. et al, No. 1:16-cv-02841 was filed on April 15, 2016, and has been assigned to Judge Valerie E. Caproni.
The lawsuit focuses on whether the Company and its executives violated federal securities laws by failing to disclose
potentially criminal activities by the Company’s managing director
Specifically, on March 28, 2016, news outlets revealed that PJT’s managing director, Andrew Caspersen, was arrested and charged
with defrauding investors of more than $95 million. Subsequent reports alleged that Mr. Caspersen took advantage of PJT’s
payment process to perpetrate his scheme.
After this news, PJT’s share price fell to a closing price of $23.66 on March 28, 2016—a $2.81 or a 10.6% drop.
Request more information now by clicking here: www.faruqilaw.com/PJT . There is no cost or obligation to you.
Take Action
If you invested in PJT stock or options between November 12, 2015 and March 28, 2016 and would like to discuss your legal
rights, visit www.faruqilaw.com/PJT. You can also contact us by calling Richard Gonnello toll free at
877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also encourages anyone with information
regarding PJT’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class that is
adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the
putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and
remain an absent class member. Your ability to share in any recovery is not affected by the decision of whether or not to serve as
a lead plaintiff.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to
any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential
manner.
FARUQI & FARUQI, LLP 685 Third Avenue, 26th Floor New York, NY 10017 Attn: Richard Gonnello, Esq. rgonnello@faruqilaw.com Telephone: (877) 247-4292 or (212) 983-9330
