Credit: JHVEPhoto/Adobe Stock Target Calls Conservative Groups' ESG Lawsuit Bogus, Seeks Dismissal
"Ultimately, plaintiff's grievance is not with Target's disclosures, but with its business decisions," the company's lawyers wrote in their motion to dismiss.
November 08, 2023 at 03:08 PM
5 minute read
Risk and Compliance
Lawyers for Target are asking a judge to throw out a shareholder lawsuit that blasts the. retailer for having "divisive and extreme" environmental, social and governance priorities, saying the plaintiff's allegations of securities law violations related to its ESG disclosures are completely baseless.
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