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Chancery Tosses Suit Over JC Penney Pricing Practices

By Rose Krebs (July 30, 2019, 7:50 PM EDT) -- The Delaware chancellor on Monday dismissed a J.C. Penney investor's suit that alleged the retail giant's directors botched their job making sure the company was complying with pricing laws, saying the suit failed to show the directors intentionally steered J.C. Penney wrong....

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