Target sued by investor over backlash to LGBTQ merchandise

[Phil01]

Target sued by investor over backlash to LGBTQ merchandise
https://www.msn.com/en-us/money/companies/target-sued-by-investor-over-backlash-to-lgbtq-merchandise/ar-AA1f0ZM9

(Reuters) - A conservative legal organization sued Target on Tuesday on behalf of an investor, saying the retailer misrepresented the adequacy of its risk monitoring when customer backlash over LGBTQ-themed merchandise caught it by surprise.

America First Legal filed the lawsuit in Florida federal court on behalf of investor Brian Craig against Target, chief executive Brian Cornell and the company's board of directors. America First is a nonprofit group headed by Stephen Miller, a former adviser to ex-President Donald Trump.

The lawsuit is the latest in a legal battle in which conservative legal groups and Republican legislators are challenging corporations that have enacted policies on social issues such as race and gender.

A spokesperson for Target did not immediately reply to requests for comment on Tuesday.

...

My guess is when the stock went down the RW ambulance chasers pitched the idea of a lawsuit, rather than investors seeking a lawyer.

[yankee87]

1. LGBTQI Exists

These fascists want to go back to the 50s where our LGBTQI citizens are not allowed to exist. That is their ultimate goal. We must remain vigilant.