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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 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 sued over failure to predict backlash from DEI initiatives
Target is being sued by shareholders over its alleged failure to predict backlash linked to its Diversity, Equity and Inclusion initiatives.
9h
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 ...
5h
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 ...
47m
on MSN
Target slammed with lawsuit as investors demand refunds
Target has been the center of endless backlash and boycotts due to its multiple controversial business moves. These moves ...
2d
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 ...
7h
EXCLUSIVE: Target Accused Of Hawking Unauthorized Notorious B.I.G., While Slashing DEI Initiatives
Target has just gotten caught - and sued - for allegedly selling unauthorized Notorious B.I.G. merch after cutting their DEI ...
3h
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 ...
3d
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 ...
13d
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 ...
6d
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 ...
2d
on MSN
Atlanta-based designer featured in Target campaign feels ‘gaslit’ after DEI changes
Carlton Mackey used to collaborate with Target, but he said not anymore after Target changed its DEI initiatives.
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