The "Entourage" actor has been accused of sexual misconduct by TV actor Ariane Bellamar, who accused Piven of groping her.
Piven has denied the allegations against him in a statement to Deadline.
The revelations against Piven prompted CBS, the studio behind Piven's "Wisdom of the Crowd" and HBO to issue statements.
"We are aware of the media reports and are looking into the matter," CBS stated in its statement.
HBO also issued a statement following Bellamar's allegations, saying, "Today, via the press reports, is the first we are hearing about Ariane Bellamar's allegations concerning Jeremy Piven."
"Everyone at HBO and our productions is aware that zero tolerance for sexual harassment is our policy. Anyone experiencing an unsafe working environment has several avenues for making complaints that we take very seriously," it added.
Piven joins the growing list of Hollywood figures to be accused of sexual harassment which started with media mogul Harvey Weinstein.
Actor Kevin Spacey and director James Toback have also been accused of sexual harassment recently.
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