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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.
Lawsuit claims Target defrauded shareholders about DEI
Target has been sued for allegedly concealing the risks of its diversity and social initiatives, leading to a backlash that caused customers to flee and the stock price of the Minneapolis-based retailer to plummet.
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
4d
on MSN
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 ...
2d
on MSN
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.
13d
on MSN
Target is ending its DEI initiative as Costco shareholders reject similar measures
There’s no doubt the U.S. civil rights landscape has undergone a massive transformation in the five years since much of ...
Hosted on MSN
8d
Pride organization rejects Target’s $50K donation after the store turns its back on DEI
Minneapolis’s Twin Cities Pride says it is “parting ways” with Target, one of its biggest sponsors, following the retailer’s ...
2d
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 ...
10d
on MSN
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 ...
Star Tribune
8d
‘The breaking point’: Twin Cities Pride ousts Target from annual parade, festival
In 2021, the company began selling
Pride
month
merchandise
in all stores ... came out to Nicollet Mall in downtown Minneapolis to
protest
Target
’s move in the wake of the Trump administration ...
KSTP-TV
11d
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 ...
13d
on MSN
Target rolls back DEI initiatives, the latest big company to retreat
Many corporations’ diversity commitments, including
Target
’s go back for years and were strengthened in the wake of the ...
12d
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 ...
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