Target told to answer for sabotaging shareholders

Target told to answer for sabotaging shareholders

Target told to answer for sabotaging shareholders

A shareholder advocacy organization is demanding that Target executives answer for their "reckless promotion of LGBT products."

The National Center for Public Policy Research (NCPPR) and its Free Enterprise Project (FEP) – shareholders in Target – have served the retailer's leadership with a formal demand of related corporate books and records.

NCPPR also seeks transparency regarding Target's radical LGBT political agenda, which appears to have cost the corporation $12 billion in market value since May 2023.

Shepard, Scott (NCPPR) Shepard

"We hope and trust that Target'll see the light of day and its accountants and lawyers will help this benighted CEO to see the light of day," says FEP Director Scott Shepard. "If it doesn't turn out that way, then we're going to be exploring some really interesting legal theories in court that could add up to a lot of damages for these executives."

NCPPR is represented by the law firms of Boyden Gray & Associates and America First Legal, whose president, Stephen Miller, says while Target has formally acknowledged to its shareholders the significant financial risks that would come from "eroding positive public perceptions of its brand," Target went ahead and embraced "the most radical and offensive excesses of anti-family, anti-child gender extremism."

Miller, Stephen (America First Legal) Miller

He lists the promotion of products like "tuck-friendly" bathing suits and Satanist-inspired clothing in support of the transgender agenda, which holds that some children are trapped in the wrong body and that the only treatment is to castrate, sterilize, and mutilate them.

"For Target to voluntarily and aggressively associate itself with this movement is an act of sabotage against Target shareholders and a destroyer of value – especially for countless Americans for whom shares of Target are part of the pension funds, mutual funds, and retirement accounts on which they depend," Miller contends.