TGT Deadline: TGT Investors Have Opportunity to Lead Target Corporation Securities Fraud Lawsuit

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Target Corporation common stock between August 26, 2022, and November 19, 2024, of the April 1, 2025, deadline to become a lead plaintiff in a class action lawsuit due to misleading statements made by Target regarding its ESG and DEI initiatives, which led to significant stock price declines [1][4][5]. Group 1: Class Action Details - Investors who bought Target stock during the specified period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [2][6]. - The deadline to move the Court to serve as lead plaintiff is April 1, 2025, with the lead plaintiff representing other class members in the litigation [2]. Group 2: Case Background - The lawsuit alleges that Target misled investors with false statements about its ESG and DEI mandates, particularly following the backlash from its 2023 LGBT-Pride Campaign, which resulted in customer boycotts and a decline in sales for the first time in six years [4][5]. - The CEO and Board of Directors reportedly failed to disclose known risks associated with the 2023 and 2024 campaigns, leading to investors purchasing stock at inflated prices [5]. - The lawsuit claims that when the true details became public, investors suffered damages due to the decline in stock price [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [3]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a leading figure in the plaintiffs' bar [3].