J.C. Penney (JCP) is under investigation by the Securities and Exchange Commission (SEC) regarding its sale of approximately $800 million worth of its stock in late September, according to a filing ...
According to CNBC, JCPenney is also searching for a new CEO, under pressure from activist investor Bill Ackman. Ackman was instrumental in the installation and removal of former CEO Ron Johnson. CNBC ...
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