more positive developments...
Judge says Macy's unable to prove it deserved punitive damages. Victory for JCP.
The good news for JCP is that there are no damages to be paid. The bad news is that their business model still sucks and they are stuck with mostly blue hairs as shoppers.
JCPQ already surrendered $39 million in MSO shares last year without a fight. ANYMORE daggers they take over this lawsuit will be just more cake icing for shorts. Myron is a gutless pssy.
JCP was still found guilty. Macy's can still appeal the punitive damages portion if they can in turn provide the needed proof of damages.
Wrong. Cover your short as soon as possible.