TALLAHASSEE, Fla. (AP) — Florida’s new attorney general filed a federal court lawsuit against Target on Thursday, claiming the discount store chain “misled investors” by
Target was sued on Thursday by the state of Florida for allegedly concealing the risks of its diversity and social initiatives, leading to a backlash among customers that caused its stock price to decline.
The lawsuit comes as Target, along with other major corporations such as Walmart, McDonald’s, and Meta, have recently scaled back their DEI initiatives
TALLAHASSEE, Fla. (AP) — Florida's new attorney general filed a federal court lawsuit against Target on Thursday, claiming the discount store chain “misled
Florida's new attorney general filed a federal court lawsuit against Target on Thursday, claiming the discount store chain ''misled investors'' by promoting diversity, equity and inclusion initiatives that prompted a backlash and hurt sales, ultimately costing shareholders.
Florida Attorney General James Uthmeier has filed a class-action lawsuit against Target, alleging the company misled investors about the risks of its 2023 Pride campaign.