JC Penney Rallies Amid Bondholder Concerns
February 05, 2013 at 11:16 AM EST
Shares of J.C. Penney (NYSE: JCP ) rallied almost three percent early on Tuesday amid concerns that the company was in violation of a bondholder agreement. The law firm Brown Rudnick, representing half the holders of J.C. Penney's 7.4% bonds due 2037, alleges that the company violated part of its
