Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In PJT Partners, Inc. To Contact The Firm Before Lead Plaintiff Deadline
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’smanaging 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.
If you invested in PJT stock or options between November 12, 2015 and March 28, 2016 and would like to discuss your legal rights, please fill out the form below. 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 firstname.lastname@example.org. Faruqi & Faruqi, LLP also encourages anyone with information regarding PJT’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Please tell us about yourself by completing the form and we will provide you with additional
information on how to join the Class Action at no cost to you.
* The submission of this form does not create an attorney-client relationship.
Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.