J.C. Penney Company, Inc. (JCP) Subject Of SEC Inquiry On Finances – ValueWalk Premium

J.C. Penney Company, Inc. (JCP) Subject Of SEC Inquiry On Finances

J.C. Penney Company, Inc. (NYSE:JCP) disclosed late Thursday that the Securities and Exchange Commission has requested information on its liquidity, cash position and debt and equity financing.

The SEC is also probing the struggling retailer’s September 26th stock offering that raised $810 million.
Letter from SEC
The Plano, Texas-based J.C. Penney

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