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.
Florida! Long time no batshit! Ha ha, j/k of course.
This isn’t even the craziest story from florida this week, did you miss the story of the Floridian terrorist who shot an Israeli tourist thinking they were Palestinian earlier this week?
I guess DeSantis has been quiet aver since he was destroyed by trump but the people of Florida have been maintaining there reputation.
That was this week?? Jesus Christ, I want off this ride. So much has happened that I thought it was last week.
Nah, this is crazier. Ignore the DEI angle and this is a state suing a company for the crime of not being profitable. That’s way more out of the norm than a racist gunman shooting people because he’s racist.
Yeah, it’s still very Florida.
That many people shouldn’t be that hot that close together, I think.