Law firm Faruqi & Faruqi, LLP is investigating potential claims against Target Corporation for allegedly making false statements about its environmental and social impact. The investigation centers around the company’s ESG (Environmental, Social, and Governance) initiatives, which may have artificially inflated its stock price.
Investors who suffered losses exceeding $100,000 in Target between August 26, 2022 and November 19, 2024 are encouraged to contact Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310) for guidance on their options.
The investigation follows a federal securities class action filed against the company, which claims that Target and its executives violated federal securities laws by failing to disclose risks associated with its ESG initiatives. The lawsuit alleges that these actions artificially inflated the company’s stock price and helped its Board members secure re-election.
Investors who want to participate in the class action or have information about Target’s conduct are encouraged to contact Faruqi & Faruqi directly.
Source: https://markets.businessinsider.com/news/stocks/deadline-alert-faruqi-faruqi-llp-investigates-claims-on-behalf-of-investors-of-target-1034305559