Florida’s new attorney general filed a lawsuit against Target, accusing the company of misleading investors with its diversity, equity, and inclusion initiatives that led to a backlash and decreased sales. Target, known for supporting Black and LGBTQ+ rights, faced criticism for its LGBTQ+ merchandise during Pride month. The attorney general argued that Target violated securities laws by not disclosing the risks of these initiatives. Target did not respond to the lawsuit. The attorney general, appointed by Governor Ron DeSantis, aims to challenge leftist ideologies and support an America-first agenda. Target recently discontinued a program for Black employees and businesses after implementing DEI initiatives post-George Floyd’s murder.
