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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 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.
Target sued over claims that DEI policies led to drop in stock price
The lawsuit, filed in federal court in Florida, claims the company misused shareholder funds by implementing initiatives that led to boycotts and decreased profits. The lawsuit seeks damages for anyone who held stock in the company between August 2022 and November last year.
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 mislead 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.
Lawsuit claims Target defrauded shareholders about DEI
FileTarget has been sued for allegedly concealing the risks of its diversity and social initiatives.The suit alleges it led to a backlash that caused customers to flee and the company’s stock price to plummet.
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
1d
on MSN
Target’s DEI drama just got messier — and now investors want their money back
A new lawsuit claims Target misled shareholders about the financial risks of its diversity and inclusion initiatives, and now ...
2d
Target Ditches DEI Amid Ongoing U.S. Cultural Shifts
Target (TGT) has gone from one of the most outspoken supporters of diversity, equity, and inclusion (DEI) to borderline radio ...
2d
on MSN
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 ...
Click2Houston
19m
Major companies scaling back DEI programs | What’s next?
Over the past few weeks, major corporations such as Walmart and Target have begun scaling back their diversity, equity, and ...
8d
on MSN
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 ...
5d
on MSN
Target Post Flooded With Negative Comments After DEI Move
Target's recent posts on Facebook have been flooded with negative comments after the company ended its diversity, equity and ...
11h
Google axes diversity hiring targets in latest DEI retreat by major firm
Google will reportedly scrap its diversity hiring targets and review some of the tech giant’s DEI initiatives — becoming the ...
19h
War On DEI: Oklahoma Will Urge Amazon, Netflix And More To Back Down From DEI
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their ...
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