The Epoch Times
The Epoch Times
AD
The Epoch Times
Support Us
Companies

Target Faces Shareholder Lawsuit After Pride Promotions Damage Stock Price

Customers are getting fed up with companies taking the woke bandwagon and have begun retaliating through lawsuits.
Target Faces Shareholder Lawsuit After Pride Promotions Damage Stock Price
A worker collects shopping carts in the parking lot of a Target store in Highlands Ranch, Colo., on June 9, 2021. David Zalubowski/AP Photo
Naveen Athrappully
Naveen Athrappully
8/9/2023|Updated: 8/9/2023
0:00

The nonprofit advocacy group America First Legal (AFL) filed a lawsuit against mega-retailer Target for harming shareholders with its adoption of woke progressive corporate policies that have led to a decline in market valuation.

AFL argues that the company’s push for diversity, equity, and inclusion (DEI) as well as environmental, social, and governance (ESG) mandates have harmed shareholders.

Naveen Athrappully
Naveen Athrappully
Author
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.
Author’s Selected Articles

Trump Orders Chinese Company to Divest From US Business

Jul 12, 2025
Trump Orders Chinese Company to Divest From US Business

Energy Department to Give 1 Million Barrels of Oil to ExxonMobil From US Reserves

Jul 12, 2025
Energy Department to Give 1 Million Barrels of Oil to ExxonMobil From US Reserves

DOJ Shuts Down Investigation on T-Mobile-UScellular Merger

Jul 11, 2025
DOJ Shuts Down Investigation on T-Mobile-UScellular Merger

Jamie Dimon Cautions on US Interest-Rate Hike

Jul 11, 2025
Jamie Dimon Cautions on US Interest-Rate Hike
Related Topics
Target Corp
shareholder lawsuit
Pride promotion
Save
The Epoch Times
To ensure we reach the high standards of reliability and neutrality that you expect from us, we are engaging with Ad Fontes Media to analyze our content. If you find an article you think falls short of the standard, please submit the link through this form.
Copyright © 2000 - 2025 The Epoch Times Association Inc. All Rights Reserved.