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  1. Hi there... Can you please quickly check to make sure your email address is up to date here? Just in case we need to reach out to you or you lose your password. Muchero thanks!

The target is on Target again ...

Discussion in 'Too Hot for Swamp Gas' started by rivergator, May 24, 2023.

  1. VAg8r1

    VAg8r1 GC Hall of Fame

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    According to this description the lawsuit's focus is on lower earnings attributable to the marketing of LGBT merchandise not misrepresentation.
    Target sued by investor over backlash to LGBTQ merchandise
    To this extent that the plaintiffs alleged misrepresentation it was essentially a form of word salad in which the allegations were that the company misrepresented its ability to respond to "social and political risks". The lawsuit wasn't based on misrepresentation of financial data.
     
    Last edited: Aug 13, 2023
    • Informative Informative x 2
  2. okeechobee

    okeechobee GC Hall of Fame

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    lol right!
     
  3. UFLawyer

    UFLawyer GC Hall of Fame

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    I hope Target gets hit for billions. Social Justice/ political causes have no business in the Board Room.
     
    • Funny Funny x 2
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  4. gator95

    gator95 GC Hall of Fame

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    Target's main competitor is doing very well. Raised guidance going forward. Not everyone is in trouble.

    https://www.cnbc.com/2023/08/17/walmart-wmt-earnings-q2-2024.html
     
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