Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of J. C. Penney Company Inc (NYSE: JCP) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of J. C. Penney Company Inc (NYSE: JCP)  concerning whether a series of statements by J. C. Penney Company Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On December 7, 2016, a lawsuit was filed by the Los Angeles City Attorney's Office alleging that J.C. Penny Corporation "has engaged in false reference pricing as a frequent business practice, thereby misleading consumers."  The lawsuit also alleged that the Company "continues to engage in such deceptive (and illegal) acts, despite representing to a federal district court (in November 2015) that it would no longer do so."

Following this news, NYSE: JCP declined causing investor harm.

Based in Plano, Texas, and founded in 1902 J. C. Penney Company Inc sells merchandise through department stores in the United States.

If you purchased shares of J. C. Penney Company Inc (NYSE: JCP) on or before December 7, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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