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 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.
Target Sued for Defrauding Shareholders on DEI
The retailer was hit with lawsuit alleging it misled investors about DEI initiative risks, which led to consumer boycotts and diving stocks.
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Target hit with class action lawsuit
According to the plaintiffs, the mandate led to widespread customer boycotts after Target launched its 2023 Pride merchandise, causing stock prices to sink. Target faced two waves of boycotts ...
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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 ...