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.
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’s DEI drama just got messier — and now investors want their money back
A new lawsuit claims Target misled shareholders about the risks of its diversity and inclusion initiatives, and now billions are on the line.
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 Ditches DEI Amid Ongoing U.S. Cultural Shifts
Target (TGT) has gone from one of the most outspoken supporters of diversity, equity, and inclusion (DEI) to borderline radio silent as it
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 encouraged customers to support them.
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 sued for defrauding shareholders about DEI
Target has been sued for allegedly concealing the risks of its diversity initiatives, leading to a backlash that caused the stock price to plummet.
Target is being sued for defrauding shareholders about DEI
Shareholders sued Target (TGT) in a proposed class action suit on Friday for allegedly defrauding investors by failing to disclose the risks of its diversity initiatives.
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.
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 ...
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.
Pastor Jamal Bryant Wants 100,000 Black People To Join 40-Day Fast Against Target
New Birth Pastor, Jamal Bryant, has called for a 40-day fast from Target over its DEI cutbacks, encouraging 100k Black people ...
‘The fear is real’: As Trump administration targets DEI, professionals worry about the future of their industry
The shift in the DEI industry, consultants and analysts say, has left many professionals concerned about their job stability ...
Diversity officers and professors sue to block Trump’s DEI orders
The federal lawsuit contends the executive orders — which request potential investigations against large universities and ...
How Companies Like Target, E.l.f. and Levi’s Are Responding to Trump’s Anti-DEI Campaign
The fight against DEI — a movement embraced so strongly by the industry — is a chance for CEOs to decide just where they and ...