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 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 stock price to plummet.
Target Sued Over DEI
On January 24, Target ended its DEI program, as well as a separate initiative to support Black-owned businesses that it had launched in 2020. It is one of many corporations abandoning DEI policies amid a conservative backlash.
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 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.
Lawsuit claims Target defrauded 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.
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Pastor Jamal Bryant Wants 100,000 Black People To Join 40-Day Fast Against Target
New Birth Pastor, Jamal Bryant, has called for a 40-day fast from Target over its DEI cutbacks, encouraging 100k Black people ...
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Metro Atlanta pastor calls for Target ‘fast’ from Black community after company erases DEI policy
Dr. Jamal Bryant is calling for the Black community to boycott the major retailer after it recently eliminated its DEI policy ...
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