NEW YORK, June 10, 2016 /PRNewswire/ -- The following
statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of PJT Partners Inc. ("PJT") (NYSE: PJT)
between November 12, 2015 and March 28, 2016.
You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Southern District of
New York. To get more information go to:
http://www.zlk.com/pslra/pjt-partners-inc
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or
obligation to you.
The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to
disclose that: (1) PJT's compliance and fraud-prevention controls were inadequate; (2) as a consequence of PJT's inadequate
controls, Andrew W. W. Caspersen, a managing partner at the Company's private-equity arm, Park
Hill Group, perpetrated a criminal scheme to defraud investors.
On March 28, 2016, news reports revealed that Caspersen was arrested and charged with defrauding
investors of more than $95 million. A criminal complaint was filed in federal court, in addition to
a complaint filed by the U.S. Securities and Exchange Commission. In a press release, PJT Partners announced Caspersen had been
terminated after they were "stunned and outraged to learn of the fraudulent circumvention and violation" of the Company's ethical
and compliance standards.
If you suffered a loss in PJT Partners you have until June 14, 2016 to request that
the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead
plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and
Washington D.C. The firm's attorneys have extensive expertise and experience representing
investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP