NEW YORK, April 18, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of PJT Partners, Inc. ("PJT" or the "Company") (NYSE: PJT), concerning whether the board has breached its fiduciary duties to shareholders.
PJT provides fund placement and secondary advisory services through a business line called Park Hill Group. On March 28, 2016, a managing partner of Park Hill Group, Andrew W.W. Caspersen, was arrested on charges of securities and wire fraud for allegedly conning investors out of over $95 million since July 2015.
On April 8, 2016, the Company issued a statement stating that between 2014 and March of 2016, Mr. Caspersen "conducted a number of unauthorized and unlawful transactions."
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own PJT shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq. Benjamin I. Sachs-Michaels, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400 Email: [email protected] Website: http://www.hfesq.com Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.