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 risks of its diversity and inclusion initiatives, and now billions are on the line.
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.
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 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.
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 ...
EXCLUSIVE: Target Accused Of Hawking Unauthorized Notorious B.I.G., While Slashing DEI Initiatives
Target has just gotten caught - and sued - for allegedly selling unauthorized Notorious B.I.G. merch after cutting their DEI ...
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 ...
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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 ...
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 ...
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 ...
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 ...