April 4, 2016 (Shareholders Foundation) - An investigation on behalf of investors of PJT Partners Inc (NYSE:PJT) shares over potential securities laws violations by PJT Partners Inc and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of PJT Partners Inc (NYSE:PJT) concerning whether a series of statements by PJT Partners regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

PJT Partners Inc reported that its annual Total Revenue rose from $354.62 million in 2012 to $405.94 million in 2015 and that its Net Loss of $42.55 million turned into a Net Income of $7.58 million in 2015.

On March 28, 2016, news reports revealed that PJT Partners Incs 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. Caspersens arrest, PJT Partners Inc said in a statement that it was stunned and outraged and has since conducted an internal investigation for federal prosecutors.

Shares of PJT Partners Inc (NYSE:PJT) declined to as low as $19.96 per share on March 28, 2016.