Summary
Florida Attorney General James Uthmeier filed a lawsuit against Target, alleging that the retailer misled investors by promoting its diversity, equity, and inclusion initiatives.
The suit contends that Target’s previous DEI efforts, including its Pride month merchandise, sparked backlash that harmed sales and shareholder returns.
Uthmeier, appointed by Gov. Ron DeSantis, claims the company violated the Securities Exchange Act by failing to disclose the known risks associated with its DEI strategy.
He vowed to use the state’s legal power to challenge what he described as “offensive political theatre” and push for an America-first corporate agenda.
Right… And that’s why Costco, which has not rolled back their DEI has been seeing pretty decent growth while Target has been slowly dropping since they started rolling it all back. They’re all lying to us to make it feel like this is a bad thing because they want to get rid of it, even though the actual numbers show the exact opposite. It’s the idea of being louder to make yourself seem smarter. And now we get to watch the economy tank as everyone in charge tells us it’s all good.
It’s funny considering recent lawsuits showing the exact opposite.
Don’t be fooled into thinking this is about money. Fascists don’t care about capitalism, scummy as capitalism is. Fascists only care about hurting people they think are weaker than them.
Costco is next, which is even funnier because Costco stock is on a roll.
Florida! Long time no batshit! Ha ha, j/k of course.
“You failed to adequately inform your investors about the risk of me.”
Guess I’m going out of my way to shop at Target now.
They caved shortly after inauguration and dropped their DEI programs.
God dammit, this is the worst fucking timeline I’ve tried so far.
