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 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 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 financial risks of its diversity and inclusion initiatives, and now billions
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 inclusion program. Newsweek has contacted Target for comment via email. Upon returning to office on January 20, President Donald Trump signed an executive order to dismantle federal DEI programs.
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 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
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 ...
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 ...
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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 ...
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 ...
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 ...
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 ...