A federal judge approved a $4.5 million settlement between Penney and a class of employees who claim they suffered retirement account losses due to false and misleading statements about the company’s financial condition.
A federal judge approved a $4.5 million settlement between Penney and a class of employees who claim they suffered retirement account losses due to false and misleading statements about the company’s financial condition. Mark Lennihan AP
A federal judge approved a $4.5 million settlement between Penney and a class of employees who claim they suffered retirement account losses due to false and misleading statements about the company’s financial condition. Mark Lennihan AP

J.C. Penney employees win $4.5 million settlement for 401(k) losses

January 06, 2017 09:59 AM