Florida files suit against Target, claiming DEI initiatives 'misled investors'

Florida’s lawsuit against Target: hypocrisy

In February Florida’s attorney general filed a federal lawsuit against the Target Corp. on behalf of the State Board of Administration.

Florida files securities fraud lawsuit against Target over DEI initiatives

A lawsuit filed this week by Florida's AG is the first shareholder lawsuit led by a U.S. state over Target’s alleged mismanagement of DEI matters.

James Uthmeier argues Target's 'radical sexualization of kids' hurt Florida pension fund

Florida’s Attorney General is taking legal action against a department store chain the state invested in after marketing decisions hurt the state’s bottom line. The goal, said James Uthmeier on Friday’s “Ingraham Angle,” is to ensure Target and like-minded retailers “get back to the business of doing business” after consumers voted with their wallets against Pride merchandise and the like. “Companies have some free speech rights, but publicly tr…

Father Pfleger, faith leaders call for boycott of Target after company scales back DEI initiatives

Chicago faith leaders are joining nationwide calls for consumers to boycott Target in response to the company and other retailers scaling back their diversity, equity and inclusion initiatives.

Florida files investor lawsuit against Target for 2023 Pride campaign

The Target store on West Tennessee St. in Tallahassee on Dec. 31, 2024. (Photo by Jay Waagmeester/Florida Phoenix)A few days after being named attorney general, James Uthmeier filed a class action against retail giant Target Thursday, claiming it defrauded investors in the process of promoting “radical LGBTQ activism.” The suit focuses on the Minnesota-based company’s 2023 Pride campaign, a product collection in advance of Pride Month. The colle…

Florida is suing Target for misleading shareholders about DEI

A gavel with the Floridan flag in the background. Photo: niroworld/Shutterstock.com Reuters, February 20 The state of Florida sued Target (TGT.N) on Thursday for allegedly hiding the dangers of its diversity and social efforts, which sparked a backlash from customers and a drop in the company’s stock price. In the federal court in Fort Myers, Florida, the State Board of Administration of Florida, which is in charge of public pension funds that o…