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 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.
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 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.
As Big Retailers Like Target Pull Back on D.E.I., What Happens to Black Sellers?
Black-owned brands got a foot in the door through accelerator programs at companies like Target and Amazon. Now they worry it ...
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 ...
Is Target Corporation (TGT) the Best Dividend Stock to Buy and Hold?
We recently published a list of 15 Best Dividend Stocks To Buy and Hold. In this article, we are going to take a look at ...
Civil rights activists call for a Target boycott after retailer backs away from diversity programs
Civil rights activists have gathered outside Target's Minneapolis headquarters to call for a boycott of the retailing giant ...
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Activists call for Target boycott after the Minneapolis-based retailer rolled back DEI initiatives
Civil rights attorney Nekima Levy Armstrong said the boycott against Target began Feb. 1, the first day of Black History ...
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 ...
Morgan Stanley Lowers NVIDIA Corporation (NVDA) Price Target but Remains Optimistic on AI
We recently compiled a list of the 10 Latest AI News and Ratings on Investors’ Radar. In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other AI ...
‘Just completed my return’: Customer shops at Target. Then she learns about this policy change
Target announced that it is ending its diversity, equity, and inclusion (DEI) efforts. Some shoppers have decided to boycott. Target, once a long-standing corporate leader in DEI, announced Friday ...