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TGT Securities Class Action Alert: Target Corporation Stockholders Should Contact Robbins LLP for Information About the Lead Plaintiff Deadline in the TGT Class Action Lawsuit
TGTTarget(TGT) Prnewswire·2025-02-26 01:49

Group 1 - A class action has been filed against Target Corporation on behalf of investors who purchased stock between August 26, 2022, and November 19, 2024 [1] - The allegations include that Target Corporation misled investors regarding the risks associated with its 2023 LGBT-Pride Campaign, which launched in May 2023 [2] - The known risks included alienation of Target's core customer base, customer boycotts, negative press, and a negative effect on Target's reputation, which led to a decline in revenue and profits when these risks materialized [2] Group 2 - Shareholders interested in serving as lead plaintiff must file papers with the court by April 1, 2025 [3] - Participation in the case is not required to be eligible for recovery, and shareholders can remain absent class members if they choose [3] - Robbins LLP operates on a contingency fee basis, meaning shareholders pay no fees or expenses [4]