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Target seeks to toss shareholder lawsuit over Pride backlash

8Nov

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Business

Target seeks to toss shareholder lawsuit over Pride backlash

Target asked a Florida judge to dismiss a shareholder lawsuit that alleged the retailer ignored risks of offering LGBTQ-themed merchandise for Pride Month, saying the case has no basis. The US retailer said in court papers filed Tuesday that investor Brian Craig merely disagrees with Target's business decisions, and has no evidence the company misled investors about its approach to social and political risks. "The securities laws protect investors against being defrauded; they are neither vehicles for expressing disapproval, nor do they insure investors against ordinary market losses," Target said. Craig is represented by America First Legal, a nonprofit headed by Stephen Miller, a former adviser to ex-President Donald Trump. Attorneys for Craig did not immediately respond to a request fo...

Stephen Miller Calls For Criminal Referrals Of Biden

Former presidential advisor Stephen Miller declared “lawfare” on President Joe Biden and the Democrats while addressing Donald Trump’s multiple criminal indictments this weekend.Miller appeared ostentatiously angry during an appearance on Fox’s Sunday Morning Futures, where he ranted about “thought crimes” and political persecution before calling on Republicans to draft criminal referrals for President Biden and his associates.“We’ve entered a dark new era in American history in which the prosecutor’s office has been weaponized and transformed into a tool of political repression,” Miller moaned while talking to host Maria Bartiromo and Rep. Marjorie Taylor Green (R-Ga.).“Anyone who is really thinking that it stops here, and anybody thinking, ‘Well this will be it, the radical left will mo...

Stephen Miller Threatens Schools After Affirmative Action Decision

Former White House adviser Stephen Miller sent a testy message to top law schools over the weekend following the Supreme Court’s decision banning colleges from using affirmative action in their admission decisions.The Republican gadfly preemptively pestered 200 of the nation’s law school deans with the threat of legal action if they “violate, circumvent, bypass, subvert or otherwise program around” the ruling in Students for Fair Admissions cases against Harvard University and the University of North Carolina.In its decision, the Supreme Court determined colleges cannot consider race as a factor in admissions based on the 14th Amendment’s Equal Protection Clause.Miller, who served as a top adviser to President Donald Trump from 2017 to 2021 and is now the president of America First Legal,...