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, 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.
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 Month.
Civil rights activists call for Target boycott after DEI rollback
Civil rights activists are pushing for a nationwide boycott of Target over its decision to phase out its DEI initiatives.
Target misses with rollback of DEI
I’m so mad at Target right now that I don’t know when — or if — I’ll ever step back inside one again now that the discount retailer has announced a rollback back of its diversity, equity and inclusion initiatives
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,
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Investors Heavily Search Target Corporation (TGT): Here is What You Need to Know
Target (TGT) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this ...
Target Corp. stock underperforms Monday when compared to competitors
Shares of Target Corp. TGT slid 2.72% to $134.16 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.76% to 5,994.57 and Dow ...
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Houston White Speaks Out About Target
Following Target Corp.’s rollback of some DEI initiatives, Black founder Houston White shared a statement over the weekend ...
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 ...
Target remains on Fortune's Most Admired Companies ranking
This year’s top 50 ranking of the World’s Most Admired Companies from Fortune magazine omits some big brands that were ...