Investors face deadline in Target Corporation class action lawsuit

In New York, on March 20, 2025, the Rosen Law Firm announced an important deadline concerning Target Corporation's ongoing securities class action lawsuit. This class action pertains to purchasers of common stock of Target Corporation from August 26, 2022, to November 19, 2024. The Rosen Law Firm is urging investors to secure legal counsel before the lead plaintiff deadline on April 1, 2025. The lawsuit accuses Target Corporation of misleading investors with false statements regarding their Environmental, Social and Governance (ESG) mandates and Diversity, Equity, and Inclusion (DEI) initiatives. These alleged misrepresentations contributed to significant customer boycotts in 2023 and impact on Target's reputation, most notably surrounding its LGBT-Pride Campaign, which incited backlash from certain customer segments. In 2024, an additional campaign exacerbated the fallout, leading to a sharp decline in the company's stock price. Investors are alerted that if they purchased stock during the class period, they may be eligible for compensation, and there are no out-of-pocket costs under a contingency fee arrangement with the law firm. Rosen Law Firm highlights the importance of their services, noting their substantial experience and effectiveness in litigating securities class actions compared to other firms that may lack the same commitment or capability. Due to the serious nature of the allegations against Target, the class action aims to unveil the extent to which consumers were misled and the financial repercussions that ensued. Potential claimants must act swiftly, as the window for serving as a lead plaintiff is closing soon, just weeks from the announcement date.