Target Corporation, along with CEO Brian Cornell and its current and former board members, is facing a class action lawsuit alleging that the company misled investors about the financial risks associated with its diversity, equity, and inclusion (DEI) initiatives. The lawsuit, filed by the City of Riviera Beach Police Pension Fund in Florida, claims that Target issued “false and misleading” statements regarding its DEI, environmental, and social policies.
Target Hit with Class Action Lawsuit Over DEI Policies and Stock Decline
