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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.

Hosted on MSN · 4d

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.

Straight Arrow News on MSN · 3d

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.

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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 ...

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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 ...

3don 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 ...

4don 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 ...

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Pinterest lists DEI attacks as possible business risk in latest filing

Pinterest listed the latest attacks on diversity, equity, and inclusion as a possible business risk in its latest 10-K filing ...

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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 ...

Media Matters for America6h

Project 2025 laid the foundation for Trump using DEI to target USAID staff and level a broader attack on workers

Project 2025 — a conservative transition plan to support the Trump administration, led by The Heritage Foundation and more ...

11don MSN

Target facing retribution at home for rolling back DEI initiatives

Target is not welcome at the Twin Cities Pride Festival this year despite being a longtime sponsor, organizers say, because ...

7don 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 ...

Hosted on MSN8h

Aurora James on DEI Rollbacks, Boycotts and the Future of Black-Owned Brands in America

"Rolling back inclusion of all kinds at a time when consumers actually care even more about it, from a shopping perspective ...

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