Target hit with class action lawsuit
The class action lawsuit alleges Target leadership misled investors about the financial impact of boycotts in 2023.
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 ...
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.
Goldman Sachs Axes Diversity Requirement For Company Boards—Here Are All The Companies Rolling Back DEI
Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their ...
Litigation Trends to Watch From Law.com Radar: Suits Strike at DEI Policies, 'Meme Coins' and Infractions in Cannabis Labeling
Welcome to the Trend Detection Weekly Scan from Law.com Radar. This weekly article highlights shifts and patterns in case ...
Target Sued for Defrauding Shareholders on DEI
The retailer was hit with lawsuit alleging it misled investors about DEI initiative risks, which led to consumer boycotts and diving stocks.
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Target hit with class action lawsuit
According to the plaintiffs, the mandate led to widespread customer boycotts after Target launched its 2023 Pride merchandise, causing stock prices to sink. Target faced two waves of boycotts ...
Target hit with shareholder lawsuit over DEI policies
The lawsuit claims Target hid the potential for boycotts, backlash to its inclusion initiatives from shareholders ...
Google Calendar Cuts Pride Month, Black History Month And More Observances—Here Are All The Companies Rolling Back DEI
Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their ...
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DEI programs benefit many groups, not just Black and brown communities
Diversity, equity and inclusion programs were created to help communities that have historically faced obstacles to equal opportunities in the workplace or felt a lack of belonging in majority-White ...