The lawsuit seems to be because they had DEI in place.
"The lawsuit said the retailer...failed to disclose the risk of consumer boycotts stemmed from Target's Environmental, Social and Governance and Diversity, Equity and Inclusion....concealed backlash from its May 2023 Pride Month campaign."
"The lawsuit said the retailer...failed to disclose the risk of consumer boycotts stemmed from Target's Environmental, Social and Governance and Diversity, Equity and Inclusion....concealed backlash from its May 2023 Pride Month campaign."
Reposted from
🜲 James
Target's shareholders lost $15 billion of net worth in their holdings of Target common stock when Target announced they were dropping DEI initiatives.
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https://www.palmbeachpost.com/story/opinion/columns/2025/02/11/target-diversity-florida-dei-riviera-beach/78382284007/