Target Bid To Dismiss Shareholder Suit Over Pride Month Marketing Denied

( December 12, 2024, 7:57 AM EST) -- FORT MYERS, Fla. — A federal judge in Florida denied Target Corp.’s motion to dismiss and motion to transfer a suit brought by shareholders alleging securities law violations after the company’s 2023 Pride Month marketing and sales campaign led to a boycott that caused Target’s stock price to decline, finding that the shareholders’ allegations satisfy the required pleading standards....

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