Core Viewpoint - A class action lawsuit has been filed against Target Corporation for alleged violations of the Securities Exchange Act, specifically related to misleading statements regarding its ESG and DEI initiatives, which led to significant investor losses [1][4]. Group 1: Lawsuit Details - The lawsuit pertains to securities purchased between August 26, 2022, and November 19, 2024, during which the company allegedly made false and misleading statements [2][4]. - Investors are encouraged to contact the Schall Law Firm before April 1, 2025, to participate in the class action [2]. Group 2: Allegations Against Target - The complaint claims that Target failed to disclose risks associated with its ESG and DEI initiatives, resulting in a backlash from customers, including boycotts related to its LGBT-Pride Campaign [4]. - The lawsuit asserts that Target's public statements were materially misleading, causing damages to investors when the truth was revealed [4].
TGT Investors Have Opportunity to Lead Target Corporation Securities Fraud Lawsuit with the Schall Law Firm