Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Monday, June 10, 2024 | Back issues
Courthouse News Service Courthouse News Service

J.C. Penney Class Action

TYLER, Texas - J.C. Penney concealed a liquidity crisis and misrepresented its financial prospects before offering 84 million shares in a secondary offering in September, which knocked 13 percent off its share price, shareholders claim in Federal Court.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.