Target Corporation (NYSE: TGT) Securities Fraud Class Action

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 March 9, 2022 and August 16, 2023, inclusive (the “Class Period”).

Target operates retail stores selling groceries, clothing, and household goods.

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 June 15, 2026, the Court appointed Lead Plaintiffs and Lead Counsel. This action is ongoing.

If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at [email protected]. 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.

ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP:
Kessler Topaz Meltzer & Check, LLP (KTMC) is a leading U.S. plaintiff-side law firm focused on securities-fraud class actions and global investor protection. The firm represents individual investors as well as institutions, such as major pension funds, asset managers, and international investors. KTMC has led some of the largest recoveries in securities litigation and has been recognized by peers and the legal media with numerous accolades, including The National Law Journal’s Plaintiff’s Hot List and Trailblazers in Plaintiffs’ Law, BTI Consulting Group’s Honor Roll of Most Feared Law Firms, The Legal Intelligencer’s Class Action Firm of the Year, Lawdragon’s Leading Plaintiff Financial Lawyers, and Law360’s Titans of the Plaintiffs Bar. The firm operates globally with offices in Pennsylvania and California. KTMC has recovered over $25 billion for our clients and the classes they represent.