Target sued for defrauding shareholders about DEI
Target has been sued for allegedly concealing the risks of its diversity initiatives, leading to a backlash that caused the stock price to plummet.
Shareholders Hit Target With Defamation Lawsuit Over DEI Drawback
Shareholders blamed Target CEO Brian Cornell for not mentioning boycott risk regarding the company dielaing back from DEI policies.
Target Hit With Shareholder Lawsuit, Claiming Investors Were Defrauded About DEI Risks
Target Corporation, CEO Brian Cornell and current and former board members have been sued for defrauding stockholders about the risks of its DEI policies.
Target was one of the most outspoken supporters of DEI. It’s changed its tune
Target was one of corporate America’s most forceful supporters of diversity and inclusion initiatives and vowed to support Black Americans in the aftermath of George Floyd’s murder by police in Target’s home city of Minneapolis in 2020.
Target hit with class action suit claiming they mislead investors over DEI policies
Target was hit with a class action suit claiming the retailer duped investors about the company's DEI policies and tricked them into buying stock at an artificially inflated price.
Target hit with shareholder lawsuit over DEI policies
The lawsuit claims Target hid the potential for boycotts, backlash to its inclusion initiatives from shareholders
Target Hit with Lawsuit Alleging It Misled Investors About DEI Risks
Target is facing a shareholder lawsuit alleging that the company misled investors about the risks of its Diversity, Equity, and Inclusion (DEI) initiatives and broader social policies, which allegedly led
Target will have no presence at Twin Cities Pride festival or parade, organizers declare
Twin Cities Pride officials have reacted to Target’s recent pull-back on its diversity programs, announcing that the ...
MPR News7d
Local activists call for Target boycott after the Minneapolis-based retailer rolled back DEI initiatives
Target announced last week that it would end its diversity, equity and inclusion initiatives and investments. Protesters ...
KSTP-TV11d
Target scales back on its diversity, equity and inclusion initiatives
Target says it is joining rival Walmart and a number of other prominent American brands in scaling back its diversity, equity ...
The Associated Press on MSN10d
Target's DEI rollback raises questions about the retail giant's philanthropic commitments
Otto recalled that Target didn't carry Pride Month merchandise at its stores last June after ... Progressive activists ...
Twin Cities Pride raises more than $50,000 in 24 hours after ending Target sponsorship
Twin Cities Pride uninvited Target from sponsoring its annual event after the company backed away from many of its DEI ...
Twin Cities organizers call for Target boycott starting Feb. 1 amid DEI rollbacks
Target will not see a dime of our Black dollars during Black History Month or at any other time,” said a cofounder of Black ...
Target Went All In on D.E.I.; Its Sudden Pullback Has Black Sellers Reeling
Black-owned brands got a foot in the door through accelerator programs at big retailers like Target and Amazon. Now they ...
Target becomes latest U.S. company to roll back DEI initiatives
Target will soon end some of its diversity, equity and inclusion (DEI) programs, the retail giant announced Friday.