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	<title>Pride merchandise - Garner Ted Armstrong Evangelistic Association</title>
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		<title>Target seeks to toss shareholder lawsuit over Pride backlash</title>
		<link>https://www.garnertedarmstrong.org/target-seeks-to-toss-shareholder-lawsuit-over-pride-backlash/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=target-seeks-to-toss-shareholder-lawsuit-over-pride-backlash</link>
		
		<dc:creator><![CDATA[Jody Godoy | Reuters]]></dc:creator>
		<pubDate>Wed, 08 Nov 2023 19:10:22 +0000</pubDate>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[United States]]></category>
		<category><![CDATA[lawsuit]]></category>
		<category><![CDATA[LGBTQ]]></category>
		<category><![CDATA[market losses]]></category>
		<category><![CDATA[Pride merchandise]]></category>
		<category><![CDATA[Shareholder]]></category>
		<category><![CDATA[Target]]></category>
		<guid isPermaLink="false">https://www.garnertedarmstrong.org/?p=44784</guid>

					<description><![CDATA[<p>Nov 8 (Reuters) &#8211; Target (TGT.N) asked a Florida judge to dismiss a shareholder lawsuit that alleged the retailer ignored risks of offering LGBTQ-themed merchandise for Pride Month, saying the case has no basis. The U.S. retailer said in court &#8230; <a class="kt-excerpt-readmore" href="https://www.garnertedarmstrong.org/target-seeks-to-toss-shareholder-lawsuit-over-pride-backlash/" aria-label="Target seeks to toss shareholder lawsuit over Pride backlash">Read More</a></p>
<p>The post <a href="https://www.garnertedarmstrong.org/target-seeks-to-toss-shareholder-lawsuit-over-pride-backlash/">Target seeks to toss shareholder lawsuit over Pride backlash</a> first appeared on <a href="https://www.garnertedarmstrong.org">Garner Ted Armstrong Evangelistic Association</a>.</p>]]></description>
										<content:encoded><![CDATA[<p class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD" data-testid="paragraph-0">Nov 8 (Reuters) &#8211; Target <a class="text__text__1FZLe text__inherit-color__3208F text__inherit-font__1Y8w3 text__inherit-size__1DZJi link__underline_default__2prE_" href="https://www.reuters.com/markets/companies/TGT.N" target="_blank" rel="noopener" data-testid="Link">(TGT.N)</a> asked a Florida judge to dismiss a shareholder lawsuit that alleged the retailer ignored risks of offering LGBTQ-themed merchandise for Pride Month, saying the case has no basis.</p>
<p class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD" data-testid="paragraph-1">The U.S. retailer said in court papers filed Tuesday that investor Brian Craig merely disagrees with Target&#8217;s business decisions, and has no evidence the company misled investors about its approach to social and political risks.</p>
<p class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD" data-testid="paragraph-2">&#8220;The securities laws protect investors against being defrauded; they are neither vehicles for expressing disapproval, nor do they insure investors against ordinary market losses,&#8221; Target said.</p>
<p class="text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD" data-testid="paragraph-3">Craig is represented by America First Legal, a nonprofit headed by Stephen Miller, a former adviser to ex-President Donald Trump.</p>
<p data-testid="paragraph-3">Continue reading <a href="https://www.reuters.com/legal/target-seeks-toss-shareholder-lawsuit-over-pride-backlash-2023-11-08/">HERE</a></p>
<p data-testid="paragraph-3">Source: https://www.reuters.com/legal/target-seeks-toss-shareholder-lawsuit-over-pride-backlash-2023-11-08/</p>
<hr />
<p data-testid="paragraph-3">[<a href="https://www.garnertedarmstrong.org/news/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>]<p>The post <a href="https://www.garnertedarmstrong.org/target-seeks-to-toss-shareholder-lawsuit-over-pride-backlash/">Target seeks to toss shareholder lawsuit over Pride backlash</a> first appeared on <a href="https://www.garnertedarmstrong.org">Garner Ted Armstrong Evangelistic Association</a>.</p>]]></content:encoded>
					
		
		
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