@amuse

@amuse

Target Faces $12B Loss Amid Controversial Marketing Decisions: A Deep Dive

@amuse's avatar
@amuse
Aug 12, 2023
∙ Paid

In a move that has sent shockwaves through the corporate world, America First Legal has filed a shareholder lawsuit against retail giant Target. The lawsuit alleges misleading statements to shareholders regarding the company's monitoring of political and social risks. This oversight, or lack thereof, has reportedly resulted in a staggering $12 billion loss, stemming from the company's recent promotion of LGBTQ+ content aimed at children.

Keep reading with a 7-day free trial

Subscribe to @amuse to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 amuse on x
Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture