CASE NAME

City of Riviera Beach Police Pension Fund v. Target Corporation et al

Overview

The City of Riviera Beach Police Pension Fund has filed a class-action lawsuit on behalf of Target shareholders. The lawsuit alleges that Target misled investors by failing to disclose the risks linked to its Environmental, Social, and Governance (ESG) efforts, Diversity, Equity, and Inclusion (DEI) initiatives, and the backlash from its Pride campaigns.

Details

On November 20, 2025, this case was consolidated into a lead case that has been transferred to the District of Minnesota, Minneapolis Division.

Court

U.S. District Court, Middle District of Florida

Status

Filed January 31, 2025 | Ongoing