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JC Penney Investor Class Certified Despite Retailer's Protests

By Martin O'Sullivan ( March 9, 2017, 2:20 PM EST) -- A Texas federal judge has certified a class of J.C. Penney investors accusing the retailer of lying about its financial health, saying the company hadn't provided enough evidence to show that revelations of liquidity problems weren't the cause of certain stock price drops....

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