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 Class Action Lawsuit for Defrauding Investors About DEI Risks
American big box retailer Target Corp. (TGT) is facing a proposed class action lawsuit for defrauding investors about the risks associated with
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 ...
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.
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 ...
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 ...
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 ...
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 ...