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Partner at N.Y. boutique bank PJT accused of securities fraud

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PJT Partners (PJT) Comments on Caspersen Termination; Potential Liability Not Yet Determined

March 28, 2016 4:06 PM EDT

PJT Partners Inc. (NYSE: PJT) issued the following statement regarding the Companys termination for cause of Andrew Caspersen, formerly a Partner in the Park Hill Group:

Since the inception of our Firm, an unconditional principle of integrity has been a core value as we build a lasting franchise. Our commitment to clients begins and ends with honesty and transparency, and strict adherence to these values is the absolute cornerstone of our Firm.

We were therefore stunned and outraged... More