Case Background:
This is a federal securities fraud class action lawsuit on behalf of those who purchased or otherwise acquired Target Corporation (“Target”) (NYSE: TG) common stock between August 26, 2022 and November 19, 2024, inclusive (the “Class Period”).
The complaint alleges that, throughout the Class Period, Target misled investors by making false and misleading statements about Target’s Environmental, Social and Governance and Diversity, Equity, and Inclusion mandates that led to widespread customer boycotts. As the truth of the negative effect of these campaigns came to light, Target suffered tens of billions of losses in its market capitalization from May 2023 through present. Beginning in May 2023, Target’s stock price suffered precipitous declines and has never recovered. For instance, on November 20, 2024, Target’s stock price suffered a decline of 22% in one-day, wiping out $16 billion in market cap. Target reported disappointing earnings and guidance, as it continued to grapple with lingering effects of its campaigns.
Current Status of Case:
On July 24, 2025, the Court consolidated related cases. Motions to Appoint Lead Plaintiff are pending. This action is ongoing.
If you wish to discuss this action or have any questions concerning this notice or your rights or interests with respect to these matters, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com. If you would like additional information about the suit, please click on the link "Submit Your Information" above and fill out the form as promptly as possible.