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 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
Target hit with class-action lawsuit claiming it 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 ...
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 ...
Pinterest lists DEI attacks as possible business risk in latest filing
Pinterest listed the latest attacks on diversity, equity, and inclusion as a possible business risk in its latest 10-K filing ...
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’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 ...
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Project 2025 laid the foundation for Trump using DEI to target USAID staff and level a broader attack on workers
Project 2025 — a conservative transition plan to support the Trump administration, led by The Heritage Foundation and more ...
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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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 ...