Photo: Kelly Martin via Wikimedia CommonsUS Judge Rejects Investor Claim That Target Hid Pandemic Inventory Issues
A Minnesota U.S. District Court judge found that the investor lawsuit relied on testimony from employees without personal knowledge of the retailer's purchasing strategy.
November 19, 2024 at 03:53 PM
2 minute read
Target has secured the dismissal of claims that its COVID-19 pandemic inventory practices caused a $25 billion stock loss, after a Minnesota federal court found that the investor lawsuit relied on testimony from employees without personal knowledge of the retailer’s purchasing strategy.
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