Mon Aug 14, 2023 – 4:37 pm EDT
FORT MYERS, Florida (LifeSiteNews) — Retail company Target misled investors about the harmful effects of its implementation of “Environmental, Social and Governance” (ESG) standards and “diversity, equity, and inclusion (DEI), according to a federal lawsuit.
America First Legal accused the retailer of “misleading representations about its Environmental, Social, and Governance (ESG) and Diversity, Equity, and Inclusion (DEI) mandates, and for causing Target shareholders to lose billions of dollars.”
The lawsuit, on behalf of a shareholder, took aim at the company’s risk monitoring. Target has been the source of controversy for years, going back to its decision, relatively unprecedented at the time, to allow gender-confused men to enter women’s bathrooms in stores. Its LGBT clothing, including some from a Satanist, contributed to the loss of the company’s value.
America’s First noted that in May 2023:
Target embraced the radical transgender agenda with its children-and-family-themed “Pride” marketing and sales campaign – the corporation’s infamous “Pride” collection included clothing for young children with rainbow Mickey Mouse symbols, LGBT-themed bibs and onesies for babies, and “tuck-friendly” bathing suits for “transgender women.” This predictably caused more than a $12 billion collapse in share
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