J.C. Penney Co. said the SEC is looking into its liquidity, debt, and other financial matters. The retailer disclosed in a regulatory filing that it received a letter from the SEC in October requesting information on its liquidity, cash position, debt and equity financing, as well as its offering of common stock announced in September. The Texas-based chain, which has at least a half-dozen locations in Massachusetts, said it is cooperating. A company official declined to comment further.
SEC looking into J.C. Penney’s finances
