Investors sue Target, alleging financial loss from backlash to Pride merchandise
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 ...
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 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 ...
Target hit with class action suit claiming they misled 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 is sued for defrauding shareholders about DEI
Target has been sued for allegedly concealing the risks of its diversity and social initiatives, leading to a backlash that ...
Target facing backlash after rolling back DEI policies
Twin Cities Pride has been sponsored by Target, the Minneapolis-based retailer. In a post on social media, Twin Cities Pride ...
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 ...
The Associated Press on MSN10d
Target's DEI rollback raises questions about the retail giant's philanthropic commitments
Twin Cities Pride had seen this coming. Otto recalled that Target didn't carry Pride Month merchandise at its stores last ...
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 for children. Since 2013 the retailer has sold ...
Target Drops Diversity Initiatives—After It Previously Caved To Pressure From Pride Month Collection
Target has previously balked on its social justice efforts in response to conservative backlash, as it minimized its Pride ...