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 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.
Target, Executives Face Shareholder Lawsuit Over DEI Initiatives
Target Corp. and its top executives misled investors about the risks of the company’s diversity, equity, and inclusion initiatives, the pension fund for the City of Riviera Beach Police alleges in a proposed class action.
War On DEI: Target Sued Over ‘Ill-Advised DEI Campaigns’
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.
Target Sued Over DEI
Target shareholders are suing the company for failing to predict the backlash to its diversity program. Newsweek sought email comment from Target on Tuesday. The case stems from a major consumer backlash against Target's Diversity,
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 Black Americans in the aftermath of George Floyd’s murder by police in Target’s home city of Minneapolis in 2020.
Target sued over failure to predict backlash from DEI initiatives
Target is being sued by shareholders over its alleged failure to predict backlash linked to its Diversity, Equity and Inclusion initiatives.
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 ...
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Target becomes latest company to roll back DEI programs
One of the country’s largest retailers said it will end the diversity, equity and inclusion goals it sets in three-year ...
Target facing retribution at home for rolling back DEI initiatives
Target is not welcome at the Twin Cities Pride Festival this year despite being a longtime sponsor, organizers say, because ...
Target becomes latest company to backtrack on DEI initiatives
Target is ending its DEI program this year, the latest corporation to step away from such policies in the face of scrutiny ...
Motives of arsonists, Target’s DEI reversal, Super Bowl ads: Catch up on the day’s stories
2️⃣ Target’s reversal: The company was one of the most outspoken supporters of diversity and inclusion initiatives. Less than ...
Target is ending DEI goals as workplace inclusion gets strong opponent in White House
Discount store chain Target says it’s joining rival Walmart and a number of other prominent American brands in scaling back ...
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 ...
How Companies Like Target, E.l.f. and Levi’s Are Responding to Trump’s Anti-DEI Campaign
Or businesspeople looking out for the interests of their companies and shareholders? Something else? The fight against DEI — ...