Target hit with class action lawsuit
The class action lawsuit alleges Target leadership misled investors about the financial impact of boycotts in 2023.
Target hit with class-action lawsuit claiming it misled investors over DEI policies
Target’s stock price plummeted 22% on Nov. 20, 2024, destroying nearly $16 billion in market cap in a single day after the retailer reported disappointing earnings.
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 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 faces lawsuit over allegedly defrauding investors regarding DEI practices
Target faces a lawsuit from investors after the company allegedly failed to disclose risks and backlash related to "political and social" policies.
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 facing backlash from LGBT groups after scaling down DEI practices
Target’s decision to scale back its DEI programs is being met with backlash from the LGBTQ+ community on the ...
Why so many shoppers view Target’s rollback on DEI as a betrayal
Although several companies have cut or scaled back DEI programs, Target's reversal on DEI seemed to draw the greatest outrage ...
Daily Mail11d
Target is banned from Pride parade as revenge for axing DEI policies
This is not the first time Target has been in the DEI spotlight, as the store previously faced backlash for selling Pride-themed merchandise ... to boycott the brand over its collection, ...
Target Corporation Is Being Sued For Securities Law Violations And Investors With Losses Are Urged To Contact The Schall Law Firm
The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Target Corporation ...
Morningstar7d
The latest call to boycott Target is over its DEI rollback
But the campaign dented Bud Light's sales for months. And Target that said that a backlash among conservatives over its Pride merchandise that same year had weighed on traffic and sales trends ...
BizPac Review10d
Costco and Target paying big price over DEI
Costco shareholders are facing increasing backlash for doubling down on so-called diversity, equity, and inclusion policies.