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.
Target’s DEI drama just got messier — and now investors want their money back
A new lawsuit claims Target misled shareholders about the risks of its diversity and inclusion initiatives, and now billions are on the line.
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.
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 class action suit claiming they misled investors over DEI policies
Target was hit with a class action suit claiming the retailer duped investors about the company's DEI policies and tricked them into buying stock at an artificially inflated price.
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
A list of companies that have pulled back on DEI, including Google, Target, Walmart, and Meta
The number of companies ending their diversity, equity, and inclusion programs continues to grow, with Google becoming one of ...
Target hit with class action lawsuit claiming they 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 ...
Target’s DEI cuts have Black entrepreneurs saying ‘clear the shelves’
Owners of brands that were championed by Target before it rolled back DEI efforts say a boycott would harm their brands, and ...
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 ...
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Our Opinion: As Trump abuses his power to target campus DEI, Berkshire colleges are right to stand on their values
As the Trump administration wages a reductive and reactionary war on all things deemed DEI, Berkshire County’s educational institutions could be in the crosshairs. Among the flurry of President ...
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Minnesota Residents Launch Nationwide Target Boycott Over DEI Rollback
The nationwide boycott of Target stores, launched on February 1, 2025, has garnered significant attention in response to the ...
New Hampshire GOP lawmakers join attacks on DEI, target state departments, governor’s office
As President Donald Trump and Republicans in Washington, D.C., seek to eradicate diversity, equity, and inclusion efforts ...
AG Pam Bondi Targets DEI At Private Companies And Universities On Day One
In a memo to Justice Department staff on her first day in office, Attorney General Pam Bondi urged the department to target ...