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 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 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 caused customers to flee and the stock price of the Minneapolis-based retailer to plummet.
Lawsuit claims Target defrauded shareholders about DEI
FileTarget has been sued for allegedly concealing the risks of its diversity and social initiatives.The suit alleges it led to a backlash that caused customers to flee and the company’s stock price to plummet.
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’s DEI drama just got messier — and now investors want their money back
A new lawsuit claims Target misled shareholders about the financial risks of its diversity and inclusion initiatives, and now billions
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